
Cheap Apartments for Rent in the Southwest Santa Fe Neighborhood of Santa Fe, NM from $900 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Santa Fe area of Santa Fe.


Casitas Del Bella

Vista Alegre Apartments

Elevate at Oslo

Evergreen Apartments

Dakota Canyon

Total Monthly Price
Local 1896

Talavera Apartment Homes

Rancho Carrera Apartments
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.

211 W Water St

Vizcaya

Artista

Total Monthly Price
Cresta Ranch

Cielo Luxury Living Apartments

Presidium Casa Siena

Total Monthly Price
Turquesa

Camino Real Apartments

Soleras Station
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.

Total Monthly Price
South Meadows

Total Monthly Price
Solwyn

The Bluffs at Tierra Contenta

Total Monthly Price
Arcadia

Total Monthly Price
Madera Apartments

Altitude at Vizcaya

2410 Camino Capitan

Art House Apartments

1506 W Alameda St
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.

Total Monthly Price
The Mica

811 Cll Saragosa, Unit 3

1662 Calle De Oriente Norte

941 Calle Mejia, Unit Condo 1115

Paseo del Sol

San Mateo de Santa Fe

Sierra Blanca Senior Living

Las Palomas

Casa Loma Apartments
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.

Vista Linda

San Isidro - Washer/Dryer Included

Fiesta

Olympus Rodeo

1307 Rufina Ln

2600 W Zia Rd

Railyard Flats

1405 Vegas Verdes Dr

601 W San Mateo Rd
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.

Acequia Lofts

808 Agua Fria St

749 Alto St

1702 Calle De Oriente Norte
Southwest Santa Fe, Santa Fe, NM Local Guide

How much does it cost to rent an apartment in Southwest Santa Fe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Santa Fe Studio Apartments | $1,247 | $900 | $2,183 |
| Southwest Santa Fe 1 Bedroom Apartments | $1,731 | $1,254 | $2,745 |
| Southwest Santa Fe 2 Bedroom Apartments | $1,852 | $1,249 | $2,967 |
| Southwest Santa Fe 3 Bedroom Apartments | $2,101 | $1,658 | $3,624 |
| Southwest Santa Fe 4 Bedroom Apartments | $2,476 | $2,350 | $2,639 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Southwest Santa Fe Neighborhood of Santa Fe, NM.
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Southwest Santa Fe, Santa Fe, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $900 |
| Casitas Del Bella | Efficiency w/ stove top | Studio,1BA | $925 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,178 |
| Elevate at Oslo | Studio - 325 | Studio,1BA | $1,225 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1,290 |
| Dakota Canyon | La Casita | 1BR,1BA | $1,295 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1,299 |
| Talavera Apartment Homes | Sequoia | 1BR,1BA | $1,329 |
| Rancho Carrera Apartments | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Meadows | San Juan | 3BR,2BA | $1.89 |
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.78 |
| Cresta Ranch | Three Bedroom - 70% AMI | 3BR,2BA | $1.74 |
| Presidium Casa Siena | B15W | 2BR,2BA | $1.45 |
| Cielo Luxury Living Apartments | Two Bedroom | 2BR,2BA | $1.83 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.37 |
| Artista | 2x1 | 2BR,1BA | $2.13 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.91 |
| Vizcaya | Carlsbad | 1BR,1BA | $2.15 |
| Rancho Carrera Apartments | One Bedroom | 1BR,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.
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 LifestyleSouthwest Santa Fe, Santa Fe, NM
Ranked #1
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,339.
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

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.

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.

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.

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.