Cheap Homes for Rent in Santa Fe, NM from $1,100 (15 Rentals)

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property at 941 Calle Mejia

941 Calle Mejia

Santa FeNM87501

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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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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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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Santa Fe, NM Local Guide

Cheapest Neighborhoods for Apartments in Santa Fe, NM

Pricing Updated: 11/11/2025

Current apartment rentals in the Santa Fe, NM area range in price from $899 to $5,216 with an overall median price of $2,264. The three Santa Fe neighborhoods with the lowest median rent pricing are Hopewell at $899, San Mateo at $899, and Downtown Santa Fe at $1,440. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Santa Fe Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hopewell$1,999$89999
San Mateo$1,999$89984
Downtown Santa Fe$2,000$1,4407
Barrio La Canada$2,014$1,14950
Don Digeo$2,014$1,10053
Historic Santa Fe$2,014$1,10049
Viento Del Norte$2,055$1,10028
Vista Encantada$2,055$1,25024
Arroyo Chamiso$2,087$899102
Las Estancias$2,175$899120

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 $899. Sierra Blanca Senior Living in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Santa Fe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$899
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,237
Elevate at OsloStudio - 325Studio,1BA$1,250

Best Value Apartments for Rent in Santa Fe, NM

As of November 11, 2025 the best value apartment in the Santa Fe area is the $1.58 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,085. The second greatest value Santa Fe apartment is the 56 Oshara Blvd Model at 56 Oshara Blvd, Unit LiveWork 1st Floor starting at $1,950 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.58
56 Oshara Blvd, Unit LiveWork 1st Floor56 Oshara Blvd1BR,1BA$1.70
Casa Loma Apartments2x22BR,2BA$1.71
The MicaThe Pinon2BR,1BA$2.09
South MeadowsGila1BR,1BA$2.10
Cielo Luxury Living ApartmentsOne Bedroom1BR,1BA$2.04
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$2.06
Talavera Apartment HomesPinon2BR,1BA$2.01
Evergreen Apartments1x1-B1BR,1BA$1.70
VizcayaCarlsbad1BR,1BA$2.02

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Best Local Schools in
Santa Fe, NM

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Santa Fe

What type of rentals are currently available in Santa Fe?

There are currently 114 Apartments for Rent in Santa Fe, NM with pricing that ranges from $899 to $5,216. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Fe ranging from $1,100 to $8,000.

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 $1,100 to $8,000 with an average monthly rent of $2,946.

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 $1,629 to $3,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $8,000. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,085.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.