Cheap Apartments for Rent in the Southwest Santa Fe Neighborhood of Santa Fe, NM from $900 (49 Rentals)

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

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Local 1896
$1,299 - $1,799
Total Monthly Price

Total Monthly Price

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$1,299 - $1,799

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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Cresta Ranch
$1,443 - $2,227
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $2,227

Total Monthly Price
$1,443 - $2,227
2 to 3 Bedroom Apartments Available Now

Cresta Ranch

48 Raptor RdSanta Fe, NM 87508
Eco-Friendly
  • Verified
  • Low Income
  • Smoke Free
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Turquesa
Rent Specials
$1,594 - $2,718
Total Monthly Price

Total Monthly Price

Base Rent
$1,594 - $2,718

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
Affordability
  • Verified
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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South Meadows
Rent Specials
$1,612 - $2,526
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Total Monthly Price

Base Rent
$1,612 - $2,526

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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
Affordability
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  • Customer Reviewed
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Solwyn
Rent Specials
$1,644 - $2,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $2,709

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
Affordability
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  • 3D Tour
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Arcadia
Rent Specials
$1,683 - $2,962
Total Monthly Price

Total Monthly Price

Base Rent
$1,683 - $2,962

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
Affordability
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  • Customer Reviewed
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Madera Apartments
$1,725 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,725 - $2,509

Total Monthly Price
$1,725 - $2,509
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
Outdoors
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property at 2410 Camino Capitan

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 Bedroom, 1 Bath Townhome for Rent

Available Oct 1

2410 Camino Capitan

Santa FeNM87505

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Mica
Rent Specials
$1,890 - $2,553
Total Monthly Price

Total Monthly Price

Base Rent
$1,890 - $2,553

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Eco-Friendly
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  • Customer Reviewed
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property at 941 Calle Mejia

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 2 Bath Condo for Rent

Available Sep 27

941 Calle Mejia, Unit Condo 1115

941 Calle Mejia
Santa FeNM87501
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Paseo del Sol
2 to 3 Bedroom Apartments

Paseo del Sol

4551 Paseo Del SolSanta Fe, NM 87507
  • 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
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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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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing

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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Vista Linda
1 to 4 Bedroom Apartments

Vista Linda

6332 Entrada de MilagroSanta Fe, NM 87507
Senior Living
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Fiesta
1 to 5 Bedroom Apartments

Fiesta

121 Fiesta StSanta Fe, NM 87501
  • Smoke Free
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Olympus Rodeo
1 to 3 Bedroom Apartments

Olympus Rodeo

1475 Rodeo RdSanta Fe, NM 87505
property at 1307 Rufina Ln

$1,650 - $1,700

2 Bedroom Rentals

Available Now

1307 Rufina Ln

Santa FeNM87507
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Railyard Flats
Studio to 2 Bedroom Apartments

Railyard Flats

701 Camino de la FamiliaSanta Fe, NM 87501

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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Acequia Lofts
1 to 2 Bedroom Apartments

Acequia Lofts

2725 Agua Fria StSanta Fe, NM 87507

Southwest Santa Fe, Santa Fe, NM Local Guide

Cheapest Available Southwest Santa Fe Apartments for Rent

 

The cheapest available apartment rental in the Southwest Santa Fe area of Santa Fe, NM is a Studio unit found at Santa Fe Suites priced from $900. Casitas Del Bella has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Southwest Santa Fe apartments for rent in Santa Fe, NM:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,178
Elevate at OsloStudio - 325Studio,1BA$1,225
Evergreen Apartments1x1-B1BR,1BA$1,290
Dakota CanyonLa Casita1BR,1BA$1,295
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1,299
Talavera Apartment HomesSequoia1BR,1BA$1,329
Rancho Carrera ApartmentsOne Bedroom1BR,1BA$1,339

Best Value Apartments for Rent in Southwest Santa Fe, NM

As of August 30, 2026 the best value apartment in the Southwest Santa Fe area is the $1.89 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,526. The second greatest value Southwest Santa Fe apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,350 with a $1.78 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Southwest Santa Fe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South MeadowsSan Juan3BR,2BA$1.89
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.78
Cresta RanchThree Bedroom - 70% AMI3BR,2BA$1.74
Presidium Casa SienaB15W2BR,2BA$1.45
Cielo Luxury Living ApartmentsTwo Bedroom2BR,2BA$1.83
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.37
Artista2x12BR,1BA$2.13
Evergreen Apartments1x1-B1BR,1BA$1.91
VizcayaCarlsbad1BR,1BA$2.15
Rancho Carrera ApartmentsOne Bedroom1BR,1BA$2.12

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
Southwest Santa Fe, Santa Fe, NM

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Santa Fe. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Southwest Santa Fe Apartments

What is a cheap apartment in Southwest Santa Fe?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Santa Fe is under $1,339.

What is the price of a cheap apartment in Southwest Santa Fe?

The cheapest apartment in Southwest Santa Fe is Vista Alegre Apartments which is listed at $1,254, while the average apartment in Southwest Santa Fe costs $1,658.

What types of apartments are the cheapest in Southwest Santa Fe?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Southwest Santa Fe that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Southwest Santa Fe?

Cheap apartments in Southwest Santa Fe have an average cost of $490 which is $1,168 cheaper than the average rent for all rentals in Southwest Santa Fe.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.