Average rent in Santa Fe, NM

As of September 2026, the typical asking rent in the Santa Fe, NM metro area is $1,953 per month, up 0.6% from a year ago — 30% above the US metro average of $1,498.

Figures cover all property types — single-family, condo and apartment — at every bedroom count. The interactive map can break rents down by home type.

Average rent

$1,953

September 2026

Year over year

+0.6%

vs $1,940 a year ago

3-year change

+3.7%

from $1,883

Our forecast accuracy here

±1.9%

avg error on held-out data

Santa Fe, NM rent history

Observed market rent since November 2016, with the next 2 forecast months and their expected range.

Oct 24 – Nov 26
Santa Fe, NM observed rentSame month last yearForecast (2 months shown free)

Santa Fe, NM rent forecast

Our forecasting engine projects rents each month for every US metro with at least a year of observed data. The next 2 months for Santa Fe, NM are free below; the full 12-month outlook with confidence ranges is part of RentLens Pro.

MonthForecast rentExpected rangeMoMYoYSince Sep 2026
October 2026$1,956$1,941–$1,971+0.2%0.0%+0.2%
November 2026$1,957$1,934–$1,984+0.1%+1.2%+0.2%
Months 3–12 are available on the interactive forecast → see the full Santa Fe, NM forecast

Explore Santa Fe, NM on the live map

Interactive history, zip-level rents, and 12-month ML forecasts with explainability.

Open RentLens →

More New Mexico metros

Alamogordo, NM · $1,524Albuquerque, NM · $1,490Carlsbad, NM · $1,582Clovis, NM · $1,305Farmington, NM · $1,399Hobbs, NM · $1,469Las Cruces, NM · $1,472Los Alamos, NM · $2,554Portales, NM · $1,008Roswell, NM · $1,263Taos, NM · $1,983All New Mexico metros →

Rent figures are smoothed median asking rents (Zillow Observed Rent Index) for the Santa Fe, NM metro area, updated monthly. Forecasts are produced by RentLens's proprietary ML models; “forecast accuracy” is this metro's average prediction error on held-out historical data.