
Cheap Homes for Rent in the San Mateo Neighborhood of Santa Fe, NM from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the San Mateo area of Santa Fe.


739 Montez Pl

2600 W Zia Rd

138 Ridgecrest Dr

2501 W Zia Rd
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.

1012 Marquez Pl

2410 Camino Capitan

149 Calle Ojo Feliz, Unit 149 Calle Ojos Feliz

601 W San Mateo Rd

259 Staab 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.

2210 Miguel Chavez Rd, Unit 1414
San Mateo, Santa Fe, NM Local Guide

How much does it cost to rent a home in San Mateo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Mateo 2 Bedroom Homes for Rent | $2,877 | $1,700 | $4,000 |
| San Mateo 3 Bedroom Homes for Rent | $2,850 | $2,000 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 1 Bed unit found at Evergreen Apartments priced from $1,369. Artista has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,399. Here are the most affordable San Mateo apartments for rent in Santa Fe, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1,369 |
| Artista | 2x1 | 2BR,1BA | $1,399 |
| Dakota Canyon | La Casita | 1BR,1BA | $1,399 |
| Vizcaya | Carlsbad | 1BR,1BA | $1,400 |
| Local 1896 | 2x2ArT1 - 2X2 Renovated | 2BR,2BA | $1,552 |
Best Value Apartments for Rent in San Mateo, NM
As of July 09, 2026 the best value apartment in the San Mateo area is the $1.48 price per square foot 2x2ArT1 - 2X2 Renovated Model at Local 1896 in the in the Pueblos Del Sol neighborhood starting from $1,552. The second greatest value San Mateo apartment is the 2/2 Model at Don Diego starting at $1,900 with a $1.90 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Local 1896 | 2x2ArT1 - 2X2 Renovated | 2BR,2BA | $1.48 |
| Don Diego | 2/2 | 2BR,2BA | $1.90 |
| Altitude at Vizcaya | Manzano | 1BR,1BA | $2.31 |
| ArtHouse Apartments | 1 Bedroom, 1 Bathroom C1 floorplan | 1BR,1BA | $2.68 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $2.03 |
| Vizcaya | Carlsbad | 1BR,1BA | $2.21 |
| Artista | 1x1 | 1BR,1BA | $2.33 |
| Dakota Canyon | La Casita | 1BR,1BA | $2.80 |
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 ArticleReal 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.
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 #10
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about San Mateo
What type of rentals are currently available in San Mateo?
There are currently 58 Apartments for Rent in San Mateo, NM with pricing that ranges from $1,195 to $3,900. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Mateo ranging from $1,500 to $4,000.
What is the current price range for Rental Homes in San Mateo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in San Mateo ranges from $1,500 to $4,000 with an average monthly rent of $2,321.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.