Cheap Homes for Rent in Santa Fe, NM from $1,600 (20 Rentals)

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property at 941 Calle Mejia

941 Calle Mejia

Santa FeNM87501
Showing Results 1-20, Page 1 of 1

Santa Fe, NM Local Guide

Cheapest Neighborhoods for Apartments in Santa Fe, NM

Pricing Updated: 09/15/2025

Current apartment rentals in the Santa Fe, NM area range in price from $1,600 to $8,500 with an overall median price of $3,714. The three Santa Fe neighborhoods with the lowest median rent pricing are Pueblos Del Sol at $1,900, Pinon Hills at $1,900, and Tiempo Lindo at $1,900. 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
Pueblos Del Sol$2,900$1,9004
Pinon Hills$3,350$1,90010
Tiempo Lindo$3,350$1,9009
Tierra Madre$3,350$1,90011
Las Acequias$3,500$1,65012
Las Estancias$3,500$1,60021
Plaza De Castillo$3,500$1,65016
Pueblos Del Rodeo Road$3,500$1,60020
Southwest Santa Fe$3,500$1,60044
Arroyo Chamiso$3,650$1,60025

Cheapest Available Santa Fe Apartments for Rent

 

The cheapest available apartment rental in Santa Fe, NM is a Studio unit found at Sierra Blanca Senior Living in the Pueblos Del Sol neighborhood priced from $1,100. Evergreen Apartments in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here is today’s list of the most affordable Santa Fe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,199
Elevate at OsloStudio - 325Studio,1BA$1,225
San Miguel Court1x11BR,1BA$1,375

Best Value Apartments for Rent in Santa Fe, NM

As of September 16, 2025 the best value apartment in the Santa Fe area is the $1.67 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,200. The second greatest value Santa Fe apartment is the 2 Bedrooms Model at Shoofly Station Apartments starting at $2,250 with a $2.18 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$1.67
Shoofly Station Apartments2 Bedrooms2BR,2BA$2.18
The MicaThe Sagebrush2BR,2BA$1.70
Vista Linda2 Bedroom | 1 Bath2BR,1BA$1.94
The Arcadia1B1BR,1BA$2.27
Casa Loma Apartments1x11BR,1BA$2.12
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1.98
Talavera Apartment HomesPinon2BR,1BA$2.00
Turquesa1A1BR,1BA$2.26
Evergreen Apartments1x1-B1BR,1BA$1.70

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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 $899 to $3,586. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Fe ranging from $1,600 to $8,500.

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 $1,600 to $8,500 with an average monthly rent of $3,142.

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 $1,759 to $2,928, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,200.

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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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.