Cheap Homes for Rent in Santa Fe, NM from $1,400 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in Santa Fe.

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209 Sena St
$1,303
Total Monthly Price

Total Monthly Price

Base Rent
$1,230
Required Monthly Fees
$73

Total Monthly Price
$1,303
1 Bedroom Apartments Available Oct 1

209 Sena St

209 Sena StSanta Fe, NM 87505
Furnished
property at 2210 Miguel Chavez Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 2 Bath Condo for Rent

Available Now

2210 Miguel Chavez Rd, Unit 1023

2210 Miguel Chavez Rd
Santa FeNM87505

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.

property at 2410 Camino Capitan

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2410 Camino Capitan

Santa FeNM87505
property at 941 Calle Mejia

$1,700 - $1,800

1 To 2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501
property at 142 Duran St

$1,750 - $2,500

1 To 2 Bedroom Rentals

Available Now

142 Duran St

Santa FeNM87501

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.

property at 737 Don Diego Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

737 Don Diego Ave

Santa FeNM87505
property at 1405 Vegas Verdes

$1,990

Total Monthly Price

Total Monthly Price

Base Rent
$1,990

Total Monthly Price
$1,990

2 Bedroom, 2 Bath Condo for Rent

Available Feb 26

1405 Vegas Verdes

Santa FeNM87507
property at 2210 Miguel Chavez Rd

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

2210 Miguel Chavez Rd, Unit 813

2210 Miguel Chavez Rd
Santa FeNM87505

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Santa Fe, NM Local Guide

Cheapest Neighborhoods for Apartments in Santa Fe, NM

Pricing Updated: 02/20/2026

Current apartment rentals in the Santa Fe, NM area range in price from $899 to $27,801 with an overall median price of $20,207. The three Santa Fe neighborhoods with the lowest median rent pricing are Arroyo Chamiso at $899, Don Digeo at $1,120, and Downtown Santa Fe at $1,120. 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
Arroyo Chamiso$8,276$899112
Don Digeo$8,276$1,12077
Downtown Santa Fe$8,276$1,1206
Historic Santa Fe$8,276$1,12066
San Mateo$8,276$899102
Viento Del Norte$8,276$1,12027
Vista Encantada$8,276$1,12021
Barrio La Canada$27,801$1,12073
Hopewell$27,801$899146
Las Acequias$27,801$925268

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. 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 ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$899
Casitas Del BellaEfficiency Grey WallsStudio,1BA$925
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,157

Best Value Apartments for Rent in Santa Fe, NM

As of February 20, 2026 the best value apartment in the Santa Fe area is the $1.86 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,455. The second greatest value Santa Fe apartment is the Two Bedroom-Large Model at Cielo Luxury Living Apartments starting at $2,310 with a $2.03 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$1.86
Cielo Luxury Living ApartmentsTwo Bedroom-Large2BR,2BA$2.03
Soleras StationTwo Bedroom2BR,1BA$2.00
Rancho Carrera ApartmentsTwo Bedroom2BR,2BA$1.80
The MicaThe Pinon2BR,1BA$2.04
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$2.05
Olympus RodeoA11BR,1BA$2.16
VizcayaMadrid1BR,1BA$1.93
Vista Linda1 Bedroom | 1 Bath1BR,1BA$2.09
Evergreen Apartments1x1-B1BR,1BA$1.70

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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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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Santa Fe, NM
Population: 84,612

Ranked #403

in US Census Population by City

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

Explore Santa Fe, NM Rentals by Map

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Frequently Asked Questions about Santa Fe

What type of rentals are currently available in Santa Fe?

There are currently 124 Apartments for Rent in Santa Fe, NM with pricing that ranges from $899 to $27,536. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Fe ranging from $1,400 to $16,800.

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 $1,400 to $16,800 with an average monthly rent of $4,788.

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 $1,699 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $16,800. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,368.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.