26 Banana Ln
Santa FeNM87506
Cheap Homes for Rent in Santa Fe, NM from $1,350 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Fe.
1307 Rufina Ln
Santa FeNM87507
941 Calle Mejia, Unit 508
941 Calle Mejia
Santa FeNM87501
1405 Vegas Verdes Dr
Santa FeNM87507
601 W San Mateo Rd
Santa FeNM87505
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$1,9002 Bedroom Apartments Available Sep 1
811 Cll Saragosa, Unit 3
811 Cll SaragosaSanta Fe, NM 87505
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
808 Agua Fria St
Santa FeNM87501
1662 Calle De Oriente Norte
Santa FeNM87507
10 Monte Luz
Santa FeNM87506
749 Alto St
Santa FeNM87501
723 B Gildersleeve St
Santa FeNM87505
1011 Calle De Suenos
Santa FeNM87507
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
95 Paseo Nopal
Santa FeNM87507
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Santa Fe, NM Local Guide
How much does it cost to rent a home in Santa Fe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Fe 2 Bedroom Homes for Rent | $2,536 | $1,650 | $3,600 |
| Santa Fe 3 Bedroom Homes for Rent | $3,593 | $2,100 | $8,500 |
| Santa Fe 4 Bedroom Homes for Rent | $4,133 | $2,950 | $7,000 |
| Santa Fe 5 Bedroom Homes for Rent | $12,500 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Santa Fe
Explore Santa Fe
Santa Fe, NM Local Guide
- Santa Fe Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Santa Fe, NM
Pricing Updated: 08/23/2026Current apartment rentals in the Santa Fe, NM area range in price from $900 to $3,624 with an overall median price of $1,678. The three Santa Fe neighborhoods with the lowest median rent pricing are Plaza De Castillo at $1,575, Hopewell at $1,590, and Las Estancias at $1,599. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Santa Fe Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Plaza De Castillo | $1,575 | $900 | 108 |
| Hopewell | $1,590 | $900 | 81 |
| Las Estancias | $1,599 | $900 | 121 |
| Arroyo Chamiso | $1,614 | $900 | 55 |
| San Mateo | $1,630 | $900 | 57 |
| Downtown Santa Fe | $1,650 | $1,350 | 4 |
| Historic Santa Fe | $1,650 | $1,249 | 31 |
| Pueblos Del Rodeo Road | $1,658 | $900 | 204 |
| Southwest Santa Fe | $1,658 | $900 | 231 |
| Tiempo Lindo | $1,658 | $925 | 168 |
Cheapest Available Santa Fe Apartments for Rent
The cheapest available apartment rental in Santa Fe, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $900. Casitas Del Bella in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Santa Fe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $900 |
| Casitas Del Bella | Efficiency w/ stove top | Studio,1BA | $925 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,178 |
| Elevate at Oslo | Studio - 325 | Studio,1BA | $1,225 |
Best Value Apartments for Rent in Santa Fe, NM
As of August 24, 2026 the best value apartment in the Santa Fe area is the $1.78 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,350. The second greatest value Santa Fe apartment is the 3 Bed 2 Bath Model at Madera Apartments starting at $2,509 with a $2.16 price per square foot in the Pueblos Del Sol neighborhood. Here is today’s list of the best values for Santa Fe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.78 |
| Madera Apartments | 3 Bed 2 Bath | 3BR,2BA | $2.16 |
| Cresta Ranch | Three Bedroom - 70% AMI | 3BR,2BA | $1.74 |
| Presidium Casa Siena | B15W | 2BR,2BA | $1.45 |
| Cielo Luxury Living Apartments | Two Bedroom | 2BR,2BA | $1.83 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.86 |
| The Mica | The Pinon | 2BR,1BA | $2.17 |
| Artista | 2x1 | 2BR,1BA | $1.97 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $2.03 |
| Rancho Carrera Apartments | One Bedroom | 1BR,1BA | $2.12 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Santa Fe, NMPopulation: 84,612
Ranked #403
in US Census Population by City
Best Local Schools in Santa Fe, NM
Mandela International Magnet (MIMS)
Santa Fe Public Schools
Public School - Grades 6-12 (290)
9 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Fe, NM Rentals by Map
See the most popular apartments and homes in Santa Fe, NM
Frequently Asked Questions about Santa Fe
What type of rentals are currently available in Santa Fe?
There are currently 112 Apartments for Rent in Santa Fe, NM with pricing that ranges from $900 to $3,624. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Fe ranging from $1,350 to $12,500.
What is the current price range for Rental Homes in Santa Fe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Fe ranges from $1,350 to $12,500 with an average monthly rent of $3,359.
How much are larger Three and Four Bedroom Rentals in Santa Fe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Fe range from $1,658 to $3,624, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,350.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.