Santa Teresa, NM rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Santa Teresa, NM is $1,850.
$1,850
-$100
-$145
26
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $993 to $2,600.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,000 | 1 |
| $1,100 | 1 |
| $1,300 | 1 |
| $1,400 | 1 |
| $1,500 | 2 |
| $1,600 | 3 |
| $1,700 | 5 |
| $1,800 | 5 |
| $1,900 | 3 |
| $2,000 | 5 |
| $2,100 | 2 |
| $2,200 | 1 |
| $2,300 | 2 |
| $2,400 | 2 |
| $2,500 | 2 |
| $2,600+ | 1 |
Average rent price over time
In the last year, rent has decreased by $145 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,950 | $1,800 |
| Feb | $2,100 | $1,935 |
| Mar | $2,100 | $1,850 |
| Apr | $1,950 | $1,800 |
| May | $1,800 | $2,007 |
| Jun | $1,950 | $1,650 |
| Jul | $2,000 | $1,900 |
| Aug | $2,000 | $1,950 |
| Sep | $2,150 | No data |
| Oct | $2,000 | No data |
| Nov | $1,950 | No data |
| Dec | $1,800 | No data |
Market temperature
The Santa Teresa, NM rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Santa Teresa, NM is 12% lower than the national average.
$1,850
$2,100
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Frequently asked questions
1. What is the average rent in Santa Teresa, NM?
The average rent in Santa Teresa, NM is $1,850.
2. How much does it cost to rent a house in Santa Teresa, NM?
Houses in Santa Teresa, NM rent between $993 - $2,600 with an average rent of $1,850.
3. How has the rent in Santa Teresa, NM changed in the last year?
In the last year, the rent in Santa Teresa, NM decreased by $145
4. How much has the rent in Santa Teresa, NM increased/decreased in the last month?
In the last month, the rent in Santa Teresa, NM decreased by $100
5. How many available rentals are there in Santa Teresa, NM?
There are currently 26 rentals available in Santa Teresa, NM.
6. How do rent prices in Santa Teresa, NM compare with the national average?
The average rent in Santa Teresa, NM is $1,850 — 11.9% lower the national average of $2,100.