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Santa Fe Suites
3007 S Saint Francis DrSanta Fe, NM 87505
Cheap Apartments for Rent in Santa Fe, NM from $900 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Fe.
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from $9751 Bedroom Apartment Available Now
1875 Camino Lumbre, Unit TARA
1875 Camino LumbreSanta Fe, NM 87505
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from $1,019Studio to 3 Bedroom Apartments Available Now
Vista Alegre Apartments
1469 Zepol RdSanta Fe, NM 87507
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from $1,0531 to 2 Bedroom Apartments Contact Us For Availability
Evergreen Apartments
2020 Calle LorcaSanta Fe, NM 87505
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from $1,100Studio to 2 Bedroom Apartments Available Now
Sierra Blanca Apartments
2961 Galisteo RdSanta Fe, NM 87505
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from $1,105Studio Apartments Available Now
Elevate at Oslo
3470 Cerrillos RdSanta Fe, NM 87507
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from $1,250Studio to 3 Bedroom Apartments Available Now
Casa Loma Apartments
100 Rio Vista PlSanta Fe, NM 87501
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from $1,3251 to 3 Bedroom Apartments Available Now
Talavera Apartment Homes
4129 S Meadows RdSanta Fe, NM 87507
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from $1,395Studio to 2 Bedroom Apartments Available Now
Dakota Canyon
501 W Zia RdSanta Fe, NM 87505
124 Calle Don Jose
Santa FeNM87501
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from $1,4351 to 3 Bedroom Apartments Available Now
Vizcaya
2500 Sawmill RdSanta Fe, NM 87505
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from $1,4491 to 3 Bedroom Apartments Available Now
Soleras Station
4804 Rail Runner RdSanta Fe, NM 87507
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Showing Results 1-15, Page 1 of 1
Santa Fe, NM Local Guide
How much does it cost to rent an apartment in Santa Fe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Santa Fe Studio Apartments | $1,451 | $950 | $2,000 |
| Cheap Santa Fe 1 Bedroom Apartments | $1,919 | $1,053 | $3,575 |
| Cheap Santa Fe 2 Bedroom Apartments | $2,153 | $1,257 | $4,545 |
| Cheap Santa Fe 3 Bedroom Apartments | $2,549 | $1,646 | $3,995 |
| Cheap Santa Fe 4 Bedroom Apartments | $2,486 | $2,420 | $2,620 |
Browse Top Apartments in Santa Fe
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Santa Fe, NM Local Guide
Written By:
Justin HabersaatEditing Staff
- Santa Fe Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Santa Fe, NM
Pricing Updated: 04/09/2025Current apartment rentals in the Santa Fe, NM area range in price from $950 to $4,545 with an overall median price of $2,482. The three Santa Fe neighborhoods with the lowest median rent pricing are Arroyo Chamiso at $950, Historic Santa Fe at $950, and Hopewell at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Santa Fe Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Arroyo Chamiso | $2,175 | $950 | 68 |
| Historic Santa Fe | $2,175 | $950 | 65 |
| Hopewell | $2,175 | $950 | 72 |
| Don Digeo | $2,185 | $950 | 72 |
| San Mateo | $2,185 | $950 | 72 |
| Vista Encantada | $2,187 | $1,053 | 29 |
| Barrio La Canada | $2,192 | $950 | 73 |
| Viento Del Norte | $2,225 | $1,250 | 10 |
| Pueblos Del Sol | $2,621 | $1,019 | 216 |
| Southwest Santa Fe | $2,636 | $950 | 327 |
Cheapest Available Santa Fe Apartments for Rent
The cheapest available apartment rental in Santa Fe, NM is a Studio unit found at Santa Fe Suites in the Arroyo Chamiso neighborhood priced from $950. Sierra Blanca Apartments in the Arroyo Chamiso neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Santa Fe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $950 |
| Sierra Blanca Apartments | Studio | Studio,1BA | $1,100 |
| Elevate at Oslo | Studio - 325 | Studio,1BA | $1,105 |
| Talavera Apartment Homes | Sequoia | 1BR,1BA | $1,325 |
| Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,328 |
Best Value Apartments for Rent in Santa Fe, NM
As of April 10, 2025 the best value apartment in the Santa Fe area is the $1.48 price per square foot 121 Fiesta St Model at 121 Fiesta St, Unit House in the in the Don Digeo neighborhood starting from $3,250. The second greatest value Santa Fe apartment is the 4 Bedroom 2 Bath Townhome Model at Bluffs at Tierra Contenta starting at $2,420 with a $1.84 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Santa Fe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 121 Fiesta St, Unit House | 121 Fiesta St | 3BR,3BA | $1.48 |
| Bluffs at Tierra Contenta | 4 Bedroom 2 Bath Townhome | 4BR,2BA | $1.84 |
| Casa Loma Apartments | 2x1.5 | 2BR,1.5BA | $1.87 |
| The Mica | The Pinon | 2BR,1BA | $2.12 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $2.07 |
| 1812 Mann St, Unit C | 1812 Mann St | 2BR,1BA | $2.07 |
| Soleras Station | One Bedroom | 1BR,1BA | $2.08 |
| Vista Linda | 1 Bedroom | 1 Bath | 1BR,1BA | $2.29 |
| Vizcaya | Carlsbad | 1BR,1BA | $2.26 |
| Talavera Apartment Homes | Sequoia | 1BR,1BA | $2.21 |
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Santa Fe Overview
The state capitol of New Mexico and the fourth largest city in the state, Santa Fe apartments are a great way to get to know this dynamic metropolis. Combining artistic architectural flair and the serene natural desert beauty the area is known for, Santa Fe is a fantastic place to call home.
Why live in Santa Fe, NM?
From the comfortable year-round climate to the architectural flair for which the city is known, Santa Fe apartments make a great place to call home for working young professionals and families on the go as well. Artists flock to the region for the eternal muse of the sunset over the mountains, and the downtown scene is dotted by funky boutiques, independent eateries and an abundance of art galleries.
Best Local Schools in Santa Fe, NM
Mandela International Magnet (MIMS)
Santa Fe Public Schools
Public School - Grades 7-12 (293)
9 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Fe, NM Rentals by Map
See the most popular apartments and homes in Santa Fe, NM
Santa Fe, NM Apartments MapSanta Fe, NM Rental Homes MapGetting Around Santa Fe, NM
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Santa Fe Apartments
What is a cheap apartment in Santa Fe?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Santa Fe is under $1,546.
What is the price of a cheap apartment in Santa Fe?
The cheapest apartment in Santa Fe is Talavera Apartment Homes which is listed at $1,325, while the average apartment in Santa Fe costs $2,482.
What types of apartments are the cheapest in 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 14 regular apartments in 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 Santa Fe?
Cheap apartments in Santa Fe have an average cost of $112 which is $2,370 cheaper than the average rent for all rentals in Santa Fe.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.