Cheap Apartments for Rent in the San Mateo Neighborhood of Santa Fe, NM from $900 (9 Rentals)

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

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.

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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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601 W San Mateo Rd
1 to 3 Bedroom Apartments

601 W San Mateo Rd

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 $950. Sierra Blanca Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable San Mateo apartments for rent in Santa Fe, NM:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$950
Sierra Blanca ApartmentsStudioStudio,1BA$1,100
The MicaThe Pines1BR,1BA$1,428

Best Value Apartments for Rent in San Mateo, NM

As of May 31, 2025 the best value apartment in the San Mateo area is the $1.27 price per square foot 3x2 lg Model at Casa Loma Apartments in the in the Don Digeo neighborhood starting from $2,800. The second greatest value San Mateo apartment is the L1 Model at Olympus Rodeo starting at $2,397 with a $2.26 price per square foot in the Arroyo Chamiso 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.
Casa Loma Apartments3x2 lg3BR,2BA$1.27
Olympus RodeoL12BR,2BA$2.26
Shoofly Station Apartments2 Bedrooms2BR,2BA$2.32
San Miguel Court3x23BR,2BA$2.29
The MicaThe Pinon2BR,1BA$1.92
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$2.01
Altitude at VizcayaSandia1BR,1BA$2.33
VizcayaChama1BR,1BA$2.21
Dakota CanyonLa CasitaStudio ,1BA$2.99
Santa Fe SuitesStudioStudio ,1BA$3.31

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Pet Friendly Lifestyle
San Mateo, Santa Fe, NM

Ranked #14

Among neighborhoods in Santa Fe, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
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

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 $950.

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

The lowest price for a Cheap One Bedroom San Mateo Apartment is $1,400 at Sierra Blanca 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 $1,535 at Vizcaya.

What is the most affordable San Mateo Three Bedroom Apartment?

The best deal on a cheap San Mateo Three Bedroom Apartment rental is at Local 1896 and starts from $2,085.

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 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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.