Santa Fe

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Santa Fe, NM

Area Guide

Rugged beauty and a timeless character define this high desert city

Desert Culture Artistic Outdoors Historic

Welcome to Santa Fe, New Mexico's historic capital set against a stunning high-desert backdrop. This cultural center offers rental options from traditional adobe-style homes to contemporary apartments, with current average rents at $1,762 for one-bedroom units. The Historic Plaza district features downtown living near shops and galleries, while Canyon Road showcases the city's renowned art scene. Museum Hill offers residential communities near cultural attractions, and South Capitol puts residents close to government offices. The Railyard District features both restored historic buildings and new residential developments.

The Santa Fe rental market offers various options, with studio apartments averaging $1,189 and three-bedroom homes at $2,316 monthly. The city spans 53 square miles and maintains an open, spacious feel with its thoughtful development approach. The median household income stands at $68,779, reflecting the local economy. Recent rent trends vary by unit size, with studio apartments showing a 9.3% increase year-over-year, while larger units have experienced slight decreases in rental rates.

Rent Trends

As of December 2025, the average apartment rent in Santa Fe, NM is $1,164 for a studio, $1,677 for one bedroom, $1,885 for two bedrooms, and $2,270 for three bedrooms. Apartment rent in Santa Fe has decreased by -4.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,677/month
701 Sq Ft
House
$3,276/month
1,558 Sq Ft
Condo
$1,976/month
580 Sq Ft
See Rental Market Trends in Santa Fe, NM

Transportation

52

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

52

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Schools

El Dorado Community School

Public

Grades K-8

396 Students

Gonzales Elementary

Public

Grades K-8

319 Students

Carlos Gilbert Elementary

Public

Grades K-6

303 Students

Atalaya Elementary

Public

Grades PK-6

271 Students

Acequia Madre Elementary

Public

Grades K-6

138 Students

El Dorado Community School

Public

Grades K-8

396 Students

Gonzales Elementary

Public

Grades K-8

319 Students

Mandela International Magnet (MIMS)

Public

Grades 7-12

293 Students

Nina Otero Community School

Public

Grades PK-8

682 Students

El Camino Real Academy Community

Public

Grades PK-8

778 Students

Mandela International Magnet (MIMS)

Public

Grades 7-12

293 Students

Santa Fe High

Public

Grades 9-12

1,599 Students

Pojoaque High

Public

Grades 9-12

636 Students

Capital High

Public

Grades 9-12

1,398 Students

Santa Fe Indian School

Public

Grades 7-12

694 Students

Points of Interest

Parks and Recreation

  • Frenchy's Field
  • Martin Luther King Jr. Park
  • Salvador Perez Park
  • Sante Fe Ski Area
  • Santa Fe Southern Railway

Military Bases

Airports

  • Santa Fe Regional

Top Apartments in Santa Fe

Houses for Rent in Santa Fe

Property Management Companies in Santa Fe, NM

Living in Santa Fe

Restaurants

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With more restaurants per capita than almost any other city in the country, you can be sure you'll find food to your liking. The local food question is "red or green?" That refers to the kind of chile you prefer with your eggs, your burgers, your steak or your enchiladas - local chile is an obsession here. If you live in Santa Fe, you will acquire a taste for it. Locals like Bert's Burger Bowl on Guadalupe Road. Or, for a special evening out, dress up to enjoy upscale cuisine at The Compound on Canyon Road. Sunset, fresh guacamole prepared tableside and pitchers of Margaritas are summer traditions at Gabriel's, just a few miles north of town.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.