Rent in Santa Fe, NM
Across Santa Fe's 9 ZIP codes, a 2-bedroom typically rents for about $1,735 a month, with figures from $1,246–$1,900. The highest typical rent is in 87501 ($1,900) and the lowest in 87506 ($1,246). 5 ZIPs have ZIP-level figures from HUD or Census; the other 4 use the county Fair Market Rent. Owner-occupied homes in Santa Fe County pay about 0.48% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,260 | $972–$1,413 | 9 |
| 1 bed | $1,413 | $938–$1,415 | 9 |
| 2 beds | $1,735 | $1,246–$1,900 | 9 |
| 3 beds | $2,134 | $1,128–$2,160 | 9 |
| 4 beds | $2,280 | $630–$3,350 | 9 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Santa Fe ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Santa Fe, NM?
- About $1,735 a month: the median of the typical rents in 9 ZIP codes, which range from $1,246–$1,900. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Santa Fe, NM?
- About $1,413 a month: the median of the typical rents in 9 ZIP codes, which range from $938–$1,415. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Santa Fe, NM?
- About $2,134 a month: the median of the typical rents in 9 ZIP codes, which range from $1,128–$2,160. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Santa Fe, NM?
- About $1,260 a month: the median of the typical rents in 9 ZIP codes, which range from $972–$1,413. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Santa Fe, NM?
- About $2,280 a month: the median of the typical rents in 9 ZIP codes, which range from $630–$3,350. Figures are gross rent (rent plus tenant-paid utilities).
- Which Santa Fe ZIP code has the highest rent?
- For a 2-bedroom, 87501 has the highest typical rent at $1,900 a month, and 87506 the lowest at $1,246.
- What is the property tax rate in Santa Fe, NM?
- Owner-occupied homes in Santa Fe County pay a typical 0.48% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Santa Fe rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).