Cheap Apartments for Rent in the San Mateo Neighborhood of Santa Fe, NM from $800 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the San Mateo area of Santa Fe.

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Local 1896
$1,478 - $1,946
Total Monthly Price

Total Monthly Price

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$1,478 - $1,946
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Las Palomas
Studio to 2 Bedroom Apartments

Las Palomas

2000-2001 Hopewell StSanta Fe, NM 87505
  • Utilities Included
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San Mateo de Santa Fe
1 to 3 Bedroom Apartments

San Mateo de Santa Fe

601 W San Mateo RdSanta Fe, NM 87505
  • Utilities Included

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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Olympus Rodeo
1 to 3 Bedroom Apartments

Olympus Rodeo

1475 Rodeo RdSanta Fe, NM 87505
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Railyard Flats
Studio to 2 Bedroom Apartments

Railyard Flats

701 Camino de la FamiliaSanta Fe, NM 87501

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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Showing Results 1-24, Page 1 of 1

San Mateo, Santa Fe, NM Local Guide

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. Artista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable San Mateo apartments for rent in Santa Fe, NM:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$899
Artista1x11BR,1BA$1,325
Dakota CanyonLa Casa A1BR,1BA$1,349
Evergreen Apartments1x1-B1BR,1BA$1,369
VizcayaCarlsbad1BR,1BA$1,450

Best Value Apartments for Rent in San Mateo, NM

As of June 15, 2026 the best value apartment in the San Mateo area is the $1.90 price per square foot 2/2 Model at Don Diego in the in the Arroyo Chamiso neighborhood starting from $1,900. The second greatest value San Mateo apartment is the 2x1AR1T2 - 2X1 Renovated Model at Local 1896 starting at $1,478 with a $1.56 price per square foot in the Pueblos Del Sol neighborhood. Here is today’s list of the best values for San Mateo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Don Diego2/22BR,2BA$1.90
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.56
Altitude at VizcayaManzano1BR,1BA$2.30
1319 Pacheco Ct, Unit c1319 Pacheco Ct2BR,1BA$2.33
Evergreen Apartments1x1-B1BR,1BA$2.03
VizcayaCarlsbad1BR,1BA$2.29
Artista1x11BR,1BA$2.21
Dakota CanyonLa Casita1BR,1BA$2.74
Santa Fe SuitesStudioStudio ,1BA$3.13

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
San Mateo, Santa Fe, NM

Ranked #11

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

How much is rent for a Cheap One Bedroom San Mateo Apartment?

The lowest price for a Cheap One Bedroom San Mateo Apartment is $1,325 at Artista.

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 $1,478 at Local 1896.

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 $1,799.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.