Rental market snapshot for Santa Fe, New Mexico

Santa Fe, New Mexico Rental Property Market Overview

Santa Fe, New Mexico is a vibrant city with a population of 88,193 as of 2021, according to the US Census. It is the capital of New Mexico and is known for its art galleries, museums, and cultural attractions. Santa Fe is home to a diverse population, with a variety of restaurants, shops, and outdoor activities. It is also home to the Santa Fe Opera, the oldest opera company in the United States. With its stunning landscapes, vibrant culture, and unique attractions, Santa Fe is a great place to live and visit.

The average rent for an apartment in Santa Fe is $2,343. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Santa Fe New Mexico | Cost of Living

  • The most expensive ZIP code in Santa Fe is 87506 with an average price of $6,537.
  • The cheapest ZIP code in Santa Fe is 87507 with an average price of $2,120.

Santa Fe ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
187506$6,537
287508$3,446
387501$3,138
487505$2,298
587507$2,120

Live near Santa Fe, New Mexico's Top Sights and Attractions

Villa Linda Park is a beautiful outdoor space located in the foothills of the Sangre de Cristo Mountains. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground for children. The park also has a walking trail that winds through the trees and offers stunning views of the surrounding landscape. Visitors can also enjoy a variety of wildlife, including birds, squirrels, and other animals. The park is a great place to relax and enjoy the beauty of nature.

Ethyl The Whale is a large, colorful sculpture located in a public park in Santa Fe, New Mexico. The sculpture is made of recycled materials, including a large metal whale skeleton and a variety of colorful objects. The sculpture stands approximately 20 feet tall and is a popular spot for visitors to take pictures. The sculpture is a reminder of the importance of recycling and the beauty of nature.

Southwest Activity Node Park is a unique outdoor attraction located in the heart of Santa Fe. It features a variety of activities for all ages, including a playground, walking trails, a skate park, and a disc golf course. The park also has a picnic area, a basketball court, and a large open field for sports and other activities. With its stunning views of the surrounding mountains and its convenient location, Southwest Activity Node Park is a great place to spend an afternoon with family and friends.

Plaza Park is a beautiful public park located in the heart of the city. It features lush green lawns, a large pond, and a variety of trees and shrubs. The park is a popular spot for locals and visitors alike, offering plenty of activities such as walking, jogging, picnicking, and birdwatching. The park also features a number of monuments and sculptures, including a bronze statue of a Spanish conquistador. On the weekends, the park is often filled with musicians, street performers, and vendors selling handmade goods. With its stunning views of the surrounding mountains, Plaza Park is a great place to relax and enjoy the beauty of the city.

Ragle Park is a picturesque outdoor area located in the foothills of the Sangre de Cristo Mountains. It features a large grassy area surrounded by tall trees, providing plenty of shade and a peaceful atmosphere. There is a large pond in the center of the park, which is home to a variety of wildlife, including ducks, geese, and other birds. The park also has a playground, picnic tables, and a walking path. It is a popular spot for locals and visitors alike, offering a great place to relax and take in the beauty of the surrounding landscape.

General Franklin E Miles Park is a beautiful outdoor space located in the foothills of the Sangre de Cristo Mountains. It features a variety of trails for hiking, biking, and horseback riding, as well as a lake for fishing and swimming. There are also picnic areas, playgrounds, and a disc golf course. The park is surrounded by stunning views of the mountains and is a great place to spend a day outdoors.

This recreation center is a great place to spend the day with family and friends. It offers a variety of activities for all ages, including a swimming pool, basketball courts, tennis courts, a playground, and a picnic area. The center also has a fitness center with a variety of exercise equipment, a game room, and a snack bar. There are also special events and classes held throughout the year, such as swimming lessons, arts and crafts, and more. Whether you're looking for a place to relax and have fun or to get active and stay fit, this recreation center is the perfect spot.

San Isidro Village Park is a tranquil oasis located in the foothills of the Sangre de Cristo Mountains. It features a variety of outdoor activities, including hiking, biking, bird watching, and picnicking. The park is home to a variety of wildlife, including deer, coyotes, and foxes. The park also features a playground, a pond, and a picnic area with tables and grills. The park is a great place to relax and enjoy the beauty of nature in the heart of Santa Fe.

Las Acequias Park is a beautiful outdoor oasis located in the foothills of the Sangre de Cristo Mountains. The park features a variety of trails, a pond, and a playground, making it a great place for families to explore. The park is also home to a variety of wildlife, including birds, deer, and other small animals. The park is a great place to relax and take in the stunning views of the surrounding mountains.

Fort Marcy Ballpark is a scenic outdoor attraction located in the foothills of the Sangre de Cristo Mountains. It features a large baseball field, a playground, and a picnic area with tables and grills. The park also has a walking path that winds through the trees and offers stunning views of the surrounding mountains. The park is a popular spot for locals and visitors alike, and is a great place to spend a day outdoors.

Santa Fe, New Mexico area median rent change by ZIP code map

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How does Santa Fe compare to other cities in New Mexico?

citymedian price
Santa Fe$2,095
Peña Blanca$1,650
Artesia$1,600
Belen$1,445
Las Cruces$1,400
Alamogordo$1,329
Carlsbad$1,315
Portales$975

Average household income in Santa Fe area graph - US Census

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The median household income in Santa Fe in 2021 was $61,990. This represents a 22.9% change from 2011 when the median was $50,446.

#categorypercent
0Less than $10,0005.7%
1$10,000 to $14,9993.3%
2$15,000 to $19,9995.0%
3$20,000 to $24,9994.1%
4$25,000 to $29,9996.1%
5$30,000 to $34,9995.5%
6$35,000 to $39,9993.4%
7$40,000 to $44,9995.1%
8$45,000 to $49,9995.5%
9$50,000 to $59,9998.0%
10$60,000 to $74,99910.1%
11$75,000 to $99,99913.7%
12$100,000 to $124,9997.5%
13$125,000 to $149,9995.8%
14$150,000 to $199,9995.0%
15$200,000 or more6.2%

Neighborhoods in Santa Fe

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Santa Fe is $2,343.
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