
Cheap Homes for Rent in Santa Fe, NM from $1,500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Fe.


2501 W Zia Rd

2501 W Zia Rd, Unit 206

2600 W Zia Rd

913 1/2 Old Pecos Trail

941 Calle Mejia

601 W San Mateo Rd
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.

2266 Rumbo Al Sur

3325 Camino Cielo Vista

2817 Plaza Rojo

730 Columbia St

2356 Santa Barbara Dr., Unit Santa Barbara

1889 Calle Quedo

2800 Cerrillos Rd
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

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 | $2,892 | $1,600 | $4,500 |
Santa Fe 3 Bedroom Homes for Rent | $3,906 | $1,850 | $9,000 |
Santa Fe 4 Bedroom Homes for Rent | $3,500 | $3,200 | $3,800 |
Santa Fe 5 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Browse Top Homes for Rent in Santa Fe
Explore Santa Fe
Santa Fe, NM Local Guide
- Santa Fe Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Santa Fe, NM
Pricing Updated: 07/29/2025Current apartment rentals in the Santa Fe, NM area range in price from $950 to $5,050 with an overall median price of $2,385. The three Santa Fe neighborhoods with the lowest median rent pricing are Barrio La Canada at $1,225, Don Digeo at $1,225, and Downtown Santa Fe at $1,225. 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 |
---|---|---|---|
Barrio La Canada | $2,175 | $1,225 | 30 |
Don Digeo | $2,175 | $1,225 | 31 |
Downtown Santa Fe | $2,175 | $1,225 | 29 |
Historic Santa Fe | $2,175 | $1,225 | 30 |
Vista Encantada | $2,175 | $1,225 | 29 |
Arroyo Chamiso | $2,190 | $950 | 51 |
Hopewell | $2,190 | $950 | 51 |
San Mateo | $2,205 | $950 | 45 |
Viento Del Norte | $2,250 | $1,250 | 18 |
Las Estancias | $2,260 | $950 | 68 |
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 $950. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Santa Fe Suites | Studio | Studio,1BA | $950 |
Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
Elevate at Oslo | Studio - 325 | Studio,1BA | $1,155 |
Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,199 |
Casa Loma Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Santa Fe, NM
As of July 29, 2025 the best value apartment in the Santa Fe area is the $1.32 price per square foot 121 Fiesta St Model at 121 Fiesta St, Unit House in the in the Don Digeo neighborhood starting from $2,900. The second greatest value Santa Fe apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,620 with a $1.99 price per square foot in the Tiempo Lindo 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. |
---|---|---|---|
121 Fiesta St, Unit House | 121 Fiesta St | 3BR,3BA | $1.32 |
The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.99 |
Cielo Luxury Living Apartments | Three Bedroom | 3BR,2BA | $2.19 |
The Mica | The Sagebrush | 2BR,2BA | $1.71 |
4300 Calle Andrew, Unit C | 4300 Calle Andrew | 2BR,1.5BA | $1.75 |
Acequia Lofts | B1M-ADA | 2BR,1BA | $2.22 |
Vista Linda | 2 Bedroom | 1 Bath | 2BR,1BA | $1.95 |
Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $2.06 |
San Miguel Court | 2x1 | 2BR,1BA | $2.13 |
Talavera Apartment Homes | Pinon | 2BR,1BA | $2.17 |
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.
Frequently Asked Questions about Santa Fe
What type of rentals are currently available in Santa Fe?
There are currently 110 Apartments for Rent in Santa Fe, NM with pricing that ranges from $950 to $5,050. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Fe ranging from $1,500 to $9,000.
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 $1,500 to $9,000 with an average monthly rent of $3,965.
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 $1,775 to $4,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $9,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,620.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.