Santa Fe, NM rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Santa Fe, NM is $2,700.

Average rent

$2,700

Month-over-month change

+$50

Year-over-year change

-$112

Available rentals

323

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $750 to $18,000.

Rent frequencies
Rent priceNumber of rental properties
$7002
$8001
$9002
$1,0001
$1,1004
$1,2004
$1,3005
$1,40012
$1,5008
$1,60021
$1,70018
$1,80021
$1,90023
$2,00014
$2,10013
$2,20017
$2,30016
$2,40018
$2,50015
$2,60016
$2,70020
$2,80019
$2,90020
$3,00012
$3,10016
$3,20011
$3,3008
$3,40018
$3,50013
$3,6005
$3,70010
$3,8007
$3,9004
$4,0003
$4,1003
$4,2005
$4,3003
$4,4008
$4,5005
$4,6001
$4,7004
$4,8006
$4,9004
$5,000+43

Average rent price over time

In the last year, rent has decreased by $113 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,650$2,500
Feb$2,500$2,500
Mar$2,450$2,500
Apr$2,650$2,600
May$2,800$2,800
Jun$2,650$2,733
Jul$2,700$2,700
Aug$2,800$2,700
Sep$2,700No data
Oct$2,800No data
Nov$2,650No data
Dec$2,600No data

Market temperature

The Santa Fe, NM rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Santa Fe, NM is 29% higher than the national average.

Santa Fe, NMvs.

$2,700

$2,100

Rent in Santa Fe, NM

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Frequently asked questions

1. What is the average rent in Santa Fe, NM?

The average rent in Santa Fe, NM is $2,700.

2. How much does it cost to rent a house in Santa Fe, NM?

Houses in Santa Fe, NM rent between $750 - $18,000 with an average rent of $2,700.

3. How has the rent in Santa Fe, NM changed in the last year?

In the last year, the rent in Santa Fe, NM decreased by $113

4. How much has the rent in Santa Fe, NM increased/decreased in the last month?

In the last month, the rent in Santa Fe, NM increased by $50

5. How many available rentals are there in Santa Fe, NM?

There are currently 323 rentals available in Santa Fe, NM.

6. How do rent prices in Santa Fe, NM compare with the national average?

The average rent in Santa Fe, NM is $2,700 — 28.57% higher the national average of $2,100.

Nearby areas

Zip codes in Santa Fe, NM