Last updated
Average Rent in Santa Fe 87501 & Rent Trends
Rent prices and market trends across 1 apartment community in Santa Fe 87501, Santa Fe, NM. Updated daily.
Market Average
$1,920/mo
Lowest Available
$1,575/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
13
available now
Price Cuts This Week in Santa Fe 87501
4 listed units across 1 building in Santa Fe 87501 dropped their asking rent in the past 7 days, an average cut of $18/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Mica | Unit 1131 | $1,973 | $1,953 | $20 |
| The Mica | Unit 0931 | $1,909 | $1,890 | $19 |
| The Mica | Unit 0527, The Pinon | $1,909 | $1,891 | $18 |
| The Mica | Unit 1232, The Pinon | $2,010 | $1,997 | $13 |
Santa Fe 87501 vs Santa Fe, NM Average
Santa Fe 87501 is cheaper the Santa Fe, NM average by $144/mo (7%). The citywide average is $2,064/mo across all neighborhoods.
Is Rent Going Up or Down in Santa Fe 87501?
As of July 2026, the average rent in Santa Fe 87501 is $1,920 per month across 1 apartment community and 13 available units.
The most affordable option is The Mica starting at $1,575/mo. By unit type, a 1-bedroom averages $1,575/mo, a 2-bedroom averages $1,959/mo, a 3-bedroom averages $2,091/mo.
Prices range from $1,575 to $2,091 per month. The most common price point is the $1,800 range, where 7 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Santa Fe 87501
Rent Prices by Apartment in Santa Fe 87501
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Mica | $1,575/mo | $1,920/mo | 13 | 3.8 |
Frequently Asked Questions About Rent in Santa Fe 87501
What is the average rent in Santa Fe 87501?
Is rent going up or down in Santa Fe 87501?
What is the cheapest apartment in Santa Fe 87501?
How much is a 1-bedroom apartment in Santa Fe 87501?
How many apartments are available in Santa Fe 87501?
What salary do I need to live comfortably in Santa Fe 87501?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$77,000/year
Based on the 30 percent rule, using our tracked average rent of $1,920/mo.
Comfortable income
$92,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,575/mo), you need to earn at least $63,000/year.
Cost of living in Santa Fe 87501
We only have live rent data for Santa Fe 87501 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,920 |
| Estimated total | $1,920/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Santa Fe 87501 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Santa Fe 87501 Apartments
Browse all 1 communities with daily-updated pricing and availability.