Cheap Apartments for Rent in the Downtown Santa Fe Neighborhood of Santa Fe, NM from $1,400 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Santa Fe area of Santa Fe.

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715 Onate Pl
Studio to 1 Bedroom Apartments

715 Onate Pl

715 Onate PlSanta Fe, NM 87505
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234 Irvine St
Studio Apartments

234 Irvine St

234 Irvine StSanta Fe, NM 87501

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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247 Rosario Blvd
1 to 2 Bedroom Apartments

247 Rosario Blvd

247 Rosario BlvdSanta Fe, NM 87501
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120 Fiesta St
2 Bedroom Apartments

120 Fiesta St

120 Fiesta StSanta Fe, NM 87501

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Downtown Santa Fe, Santa Fe, NM Local Guide

Cheapest Available Downtown Santa Fe Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Fiesta4/34BR,3BA$2,500

Best Value Apartments for Rent in Downtown Santa Fe, NM

As of April 01, 2026 the best value apartment in the Downtown Santa Fe area is the $1.47 price per square foot 4/3 Model at Fiesta in the in the Don Digeo neighborhood starting from $2,500. The second greatest value Downtown Santa Fe apartment is the 721 W Manhattan Ave Model at 721 W Manhattan Ave, Unit A starting at $2,950 with a $2.31 price per square foot in the Arroyo Chamiso neighborhood. Here is today’s list of the best values for Downtown Santa Fe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fiesta4/34BR,3BA$1.47
721 W Manhattan Ave, Unit A721 W Manhattan Ave2BR,1BA$2.31
410 Bishops Lodge Rd, Unit #1410 Bishops Lodge Rd2BR,1BA$1.59
706 Galisteo St, Unit Adobe unit with yard706 Galisteo St1BR,1BA$3.69

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Santa Fe, Santa Fe, NM

Ranked #18

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.