Cheap Apartments for Rent in the Southwest Santa Fe Neighborhood of Santa Fe, NM from $800 (63 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
$1,283 - $1,558
Total Monthly Price

Total Monthly Price

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$1,283 - $1,558
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Local 1896

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

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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The Mica
$1,375 - $1,955
Total Monthly Price

Total Monthly Price

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$1,375 - $1,955
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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Affordability
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  • Customer Reviewed
  • 3D Tour

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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Turquesa
Rent Specials
$1,629 - $2,753
Total Monthly Price

Total Monthly Price

Base Rent
$1,629 - $2,753
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
Eco-Friendly
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property at 1464 Avenida de las Americas

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Townhome for Rent

Available Apr 30

1464 Avenida de las Americas

Santa FeNM87507
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Solwyn
Rent Specials
$1,673 - $2,894
Total Monthly Price

Total Monthly Price

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$1,673 - $2,894
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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South Meadows
Rent Specials
$1,677 - $2,548
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Total Monthly Price

Base Rent
$1,677 - $2,548
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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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Arcadia
Rent Specials
$1,727 - $2,962
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Total Monthly Price

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$1,727 - $2,962
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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
Family Friendly
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Madera Apartments
Rent Specials
$1,759 - $2,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,759 - $2,757
Total Monthly Price
$1,759 - $2,757
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
Outdoors
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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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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
property at 2600 W Zia Rd

$1,400 - $1,500

1 Bedroom Rentals

Available Now

2600 W Zia Rd

Santa FeNM87505
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Olympus Rodeo
1 to 3 Bedroom Apartments

Olympus Rodeo

1475 Rodeo RdSanta Fe, NM 87505

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.

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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 $899. 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$899
Casitas Del BellaEfficiency Grey WallsStudio,1BA$925
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,257
Elevate at OsloStudio - 325Studio,1BA$1,275
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1,283
Artista2x12BR,1BA$1,299
Dakota CanyonLa Casa A1BR,1BA$1,339
The MicaThe Sagebrush2BR,2BA$1,494

Best Value Apartments for Rent in Southwest Santa Fe, NM

As of April 16, 2026 the best value apartment in the Southwest Santa Fe area is the $1.47 price per square foot 4/3 Model at Fiesta in the in the Don Digeo neighborhood starting from $2,500. The second greatest value Southwest Santa Fe apartment is the 410 Bishops Lodge Rd Model at 410 Bishops Lodge Rd, Unit #1 starting at $1,850 with a $1.59 price per square foot in the Don Digeo 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.
Fiesta4/34BR,3BA$1.47
410 Bishops Lodge Rd, Unit #1410 Bishops Lodge Rd2BR,1BA$1.59
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.58
Soleras StationTwo Bedroom2BR,1BA$2.00
Rancho Carrera ApartmentsTwo Bedroom2BR,2BA$1.78
The MicaThe Pinon2BR,1BA$1.95
The Bluffs at Tierra Contenta2 Bedroom 2 Bathroom2BR,2BA$2.03
South MeadowsGila1BR,1BA$2.12
Casa Loma Apartments1x11BR,1BA$2.12
Evergreen Apartments1x1-B1BR,1BA$1.70

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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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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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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Best Local Schools in
Southwest Santa Fe, Santa Fe, NM

School data provided by Great Schools

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 $1,494.

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

The cheapest apartment in Southwest Santa Fe is Evergreen Apartments which is listed at $1,149, while the average apartment in Southwest Santa Fe costs $2,387.

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 40 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 $522 which is $1,865 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.