
Cheap Apartments for Rent in the San Mateo Neighborhood of Santa Fe, NM from $800 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the San Mateo area of Santa Fe.


Evergreen Apartments

Artista

211 W Water St

738 Columbia St

624 Paulin St

2501 W Zia Rd, Unit 1201, Unit 1201

Total Monthly Price
Local 1896
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.

Vizcaya

Dakota Canyon

2501 W Zia Rd, Unit 10-108

2501 W Zia Rd, Unit Building10Unit108, Unit Building10Unit108

1347 Pacheco Ct, Unit Endover Condos #14, Unit Endover Condos #14

209 Sena St

Total Monthly Price
1319 Pacheco Ct, Unit c, Unit c

410 Sunset St
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.

Altitude at Vizcaya

1704 2nd St

Total Monthly Price
410 Bishops Lodge Rd, Unit #1, Unit #1

1719 Siri Dharma Ct

537 Kathryn Ave

1715 Siri Dharma Ct

Las Palomas

San Mateo de Santa Fe
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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.

2600 W Zia Rd

Olympus Rodeo

812 Cam De Monte Rey

739 Montez Pl

Railyard Flats

1012 Marquez Pl

601 W San Mateo Rd

136 Fiesta St
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.

911 Don Juan St

218 McKenzie Street Unit C
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 | $999 | $899 | $1,300 |
| San Mateo 1 Bedroom Apartments | $1,704 | $1,149 | $2,847 |
| San Mateo 2 Bedroom Apartments | $1,800 | $1,249 | $5,688 |
| San Mateo 3 Bedroom Apartments | $2,341 | $1,799 | $4,350 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the San Mateo Neighborhood of Santa Fe, NM.
See all Apartments in Santa FeExplore Santa Fe
San Mateo, Santa Fe, NM Local Guide
- Nearby Santa Fe neighborhoods
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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 | 2x1 | 2BR,1BA | $1,299 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1,507 |
| Vizcaya | Tijeras | 2BR,2BA | $1,550 |
| Dakota Canyon | La Casa A | 1BR,1BA | $1,555 |
| Altitude at Vizcaya | Sandia | 1BR,1BA | $1,770 |
Best Value Apartments for Rent in San Mateo, NM
As of April 27, 2026 the best value apartment in the San Mateo area is the $1.72 price per square foot 410 Bishops Lodge Rd Model at 410 Bishops Lodge Rd, Unit #1 in the in the Don Digeo neighborhood starting from $2,000. The second greatest value San Mateo apartment is the 2x1AR1T2 - 2X1 Renovated Model at Local 1896 starting at $1,507 with a $1.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 410 Bishops Lodge Rd, Unit #1 | 410 Bishops Lodge Rd | 2BR,1BA | $1.72 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.59 |
| Altitude at Vizcaya | Sandia | 1BR,1BA | $2.42 |
| 1319 Pacheco Ct, Unit c | 1319 Pacheco Ct | 2BR,1BA | $2.43 |
| Vizcaya | Madrid | 1BR,1BA | $2.32 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Artista | 1x1 | 1BR,1BA | $2.33 |
| Dakota Canyon | La Casita | 1BR,1BA | $3.19 |
| Santa Fe Suites | Studio | Studio ,1BA | $3.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 #9
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,299 at Artista.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.