TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Santa Fe city, New Mexico?

$1,463/month 6%vs 2023 ($1,380)

City · Census ACS 5-Year estimates

The median gross rent in Santa Fe city, New Mexico is $1,463/month (±$54), based on Census ACS 5-Year estimates (2024). The median home value is $444,900 (±$11,600), and the median household income is $73,482/year. The unemployment rate in Santa Fe County, New Mexico was 3.9% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Santa Fe city, New Mexico

MetricValue
Median Gross Rent$1,463
Median Home Value$444,900
Median Household Income$73,482
Total Housing Units41,921
Renter-Occupied Units15,275
Renter-Occupied Share36%
Households Paying 50%+ Income4,225 households
Unemployment Rate(April 2026)3.9%

How does Santa Fe city, New Mexico compare?

Median gross rent ranked against all cities in New Mexico.

Higher rent than 95% of cities in New Mexico · 11th of 185

Cheapest: Cuba village($306)
Priciest: Sandia Heights CDP($3,050)
#CityValue
1Sandia Heights CDP$3,050
2Cañoncito CDP$3,011
3Placitas CDP (Sandoval County)$2,717
… 7 more …
11Santa Fe city(you are here)$1,463
… 171 more …
183Cuba village$306
184Mescalero CDP$260
185Peña Blanca CDP$99

ZIP codes in Santa Fe city

5 ZIP codes overlap Santa Fe city.

More data for Santa Fe city, New Mexico

Frequently asked questions

What is the average rent in Santa Fe city, New Mexico?

The median gross rent in Santa Fe city, New Mexico is $1,463/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Santa Fe city, New Mexico?

The median rent for a 2-bedroom in Santa Fe city, New Mexico is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Santa Fe city, New Mexico?

The median home value in Santa Fe city, New Mexico is $444,900 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Santa Fe city are rent-burdened?

In Santa Fe city, New Mexico, 4,225 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Santa Fe city, New Mexico?

The median household income in Santa Fe city, New Mexico is $73,482/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,463 has a margin of error of ±$54. In very small areas, MOEs can be large relative to the estimate.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.