
Cheap Apartments for Rent in the San Mateo Neighborhood of Santa Fe, NM from $800 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the San Mateo area of Santa Fe.


Santa Fe Suites

Evergreen Apartments
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.

Dakota Canyon

Artista
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.
San Mateo, Santa Fe, NM Local Guide

How much does it cost to rent an apartment in San Mateo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Mateo Studio Apartments | $1,105 | $875 | $1,560 |
| San Mateo 1 Bedroom Apartments | $1,499 | $1,149 | $1,825 |
| San Mateo 2 Bedroom Apartments | $1,764 | $1,378 | $2,700 |
| San Mateo 3 Bedroom Apartments | $2,113 | $1,999 | $2,373 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the San Mateo Neighborhood of Santa Fe, NM.
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San Mateo, Santa Fe, NM Local Guide
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Cheapest Available San Mateo Apartments for Rent
 The cheapest available apartment rental in the San Mateo area of Santa Fe, NM is a Studio unit found at Santa Fe Suites priced from $899. Evergreen Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here are the most affordable San Mateo apartments for rent in Santa Fe, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1,149 |
| Artista | 1x1 | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in San Mateo, NM
As of December 15, 2025 the best value apartment in the San Mateo area is the $2.18 price per square foot 2 Bedrooms Model at Shoofly Station Apartments in the in the Pueblos Del Sol neighborhood starting from $2,250. The second greatest value San Mateo apartment is the 245 Rosario Blvd Model at 245 Rosario Blvd, Unit A starting at $2,000 with a $2.45 price per square foot in the Don Digeo neighborhood. Here is today’s list of the best values for San Mateo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shoofly Station Apartments | 2 Bedrooms | 2BR,2BA | $2.18 |
| 245 Rosario Blvd, Unit A | 245 Rosario Blvd | 2BR,1BA | $2.45 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.91 |
| Olympus Rodeo | A1 | 1BR,1BA | $2.15 |
| Altitude at Vizcaya | Sandia | 1BR,1BA | $2.33 |
| 1319 Pacheco Ct, Unit b | 1319 Pacheco Ct | 2BR,1BA | $2.36 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Vizcaya | Chama | 1BR,1BA | $2.07 |
| Artista | 1x1 | 1BR,1BA | $2.17 |
| Dakota Canyon | La Casita | Studio ,1BA | $2.91 |
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 ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSan Mateo, Santa Fe, NM
Ranked #12
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across New Mexico and customized analysis for Santa Fe, New Mexico. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, multifamily communities for the kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap San Mateo Apartments
What is the Cheapest Studio apartment in San Mateo?
Currently the most affordable Cheap Studio Apartment in San Mateo is at Santa Fe Suites listed at $899.
How much is rent for a Cheap One Bedroom San Mateo Apartment?
The lowest price for a Cheap One Bedroom San Mateo Apartment is $1,149 at Evergreen Apartments.
What is the lowest price for a Cheap Two Bedroom San Mateo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in San Mateo is starting from $1,378 at Evergreen Apartments.
What is the most affordable San Mateo Three Bedroom Apartment?
The best deal on a cheap San Mateo Three Bedroom Apartment rental is at Artista and starts from $1,999.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

