Apartments in Sierra Del Norte Santa Fe

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1

1056 Governor Dempsey Dr Apartment for rent in Santa Fe, NM

$3,950

1056 Governor Dempsey Dr

Santa Fe, NM

4 BR | Apr. 10, 2025

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1

Two Story Condo Just Off Old Taos Highway Available Now! Apartment for rent in Santa Fe, NM

$2,500

Two Story Condo Just Off Old Taos Highway Available Now!

356 Calle Loma Norte Santa Fe, NM

2 BR | Available Now

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Storage

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1

420 Calle Kokopelli Apartment for rent in Santa Fe, NM

$4,500

420 Calle Kokopelli

Santa Fe, NM

3 BR | Available Now

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Pool

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33

420 Calle Kokopelli Apartment for rent in Santa Fe, NM

$4,500

420 Calle Kokopelli

Santa Fe, NM

3 BR | Available Now

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Air Conditioning

Vista Primera

1

Artist Rd - 302 Apartment for rent in Santa Fe, NM

$1,500

Artist Rd - 302

302 Artist Rd Santa Fe, NM

1 BR | Available Now

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Pueblos Del Sol

15

302 Artist Rd Apartment for rent in Santa Fe, NM

302 Artist Rd Apartment for rent in Santa Fe, NM

$1,500

302 Artist Rd

Santa Fe, NM

1 BR | Available Now

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Pueblos Del Sol

1

485-b Rio Grande Avenue Apartment for rent in Santa Fe, NM

$2,850

485-b Rio Grande Avenue

485 Rio Grande Ave Apt B Santa Fe, NM

2 BR | Available Now

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7

207 & 211 W. Water Street Apartment for rent in Santa Fe, NM

207 & 211 W. Water Street Apartment for rent in Santa Fe, NM

$1,950

207 & 211 W. Water Street

Santa Fe, NM

1 BR | Available Now

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Park Plazas

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Santa Fe
Sierra Del Norte

Santa Fe:
March Rent Report

Welcome to the March 2025 Santa Fe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2025 key findings and figures for the Santa Fe rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Santa Fe and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Santa Fe average rent prices in the chart below.

Monthly Rent Report

$2,350

$1,760

$1,180

$590

$0

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

1 BR 2 BR

Santa Fe Rent Prices Increase From February to March

Santa Fe rent prices increased over the last month. From February to March, the city experienced a 5.8% increase for the price of a one-bedroom apartment. The rent price for a Santa Fe one-bedroom apartments currently stands at $1,825.0.

When we take a look at the two-bedroom comparison from February to March, Santa Fe experienced a 5.96% increase for the price of a two-bedroom apartment. The rent price for a Santa Fe two-bedroom apartments currently stands at $2,221.0.

March Prices: Santa Fe vs. Surrounding Areas

Santa Fe, NM

$1,725

$0

$600

$1,200

$1,800

$2,400

Median 1 BR Rent

Rent Prices in Santa Fe and Surrounding Areas

Rent prices have increased in Santa Fe over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Santa Fe suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Santa Fe suburbs
Rents did not decrease in any of the Santa Fe suburbs.

March 2025 Pricing Trends: Santa Fe vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Santa Fe, NM

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,076

$3,129

$2,387

$2,328

$1,905

$1,725

$1,262

$1,247

$1,197

$0

$1,350

$2,700

$4,050

$5,400

Median Rent

Santa Fe Rent Prices More Affordable Than Major Cities

Rent growth in Santa Fe over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Santa Fe average rent prices appear to be relatively affordable for local residents.

The price for a Santa Fe one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Santa Fe and surrounding area rent prices, take a look at the complete data set below.

Data set for Santa Fe and suburbs

	1 BR March	1 BR M/M % Change	2 BR March	2 BR M/M % Change
Santa Fe, NM	$1,725.0	2.19%	$2,096.0	5.81%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.