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Average Rent in Santa Fe 87506 & Rent Trends

Rent prices and market trends across 1 apartment community in Santa Fe 87506, Santa Fe, NM. Updated daily.

Market Average

$2,638/mo

Lowest Available

$2,343/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

29

available now

Santa Fe 87506 vs Santa Fe, NM Average

Santa Fe 87506 is more expensive the Santa Fe, NM average by $514/mo (24%). The citywide average is $2,124/mo across all neighborhoods.

Is Rent Going Up or Down in Santa Fe 87506?

As of June 2026, the average rent in Santa Fe 87506 is $2,638 per month across 1 apartment community and 29 available units.

The most affordable option is Zocalo starting at $2,343/mo. By unit type, a 2-bedroom averages $2,638/mo.

Prices range from $2,343 to $3,059 per month. The most common price point is the $2,400 range, where 16 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Santa Fe 87506

2 Bed
$2,638
from $2,343 · 29 units

Rent Prices by Apartment in Santa Fe 87506

Property Starting at Average Units Rating
Zocalo $2,343/mo $2,638/mo 29 4.5

Frequently Asked Questions About Rent in Santa Fe 87506

What is the average rent in Santa Fe 87506?
The average rent in Santa Fe 87506 is $2,638 per month as of June 2026, based on 29 units across 1 apartment communities.
Is rent going up or down in Santa Fe 87506?
We are collecting daily price snapshots to track rent trends in Santa Fe 87506. The current average rent is $2,638/mo.
What is the cheapest apartment in Santa Fe 87506?
The most affordable apartment in Santa Fe 87506 is Zocalo with units starting at $2,343/mo.
How many apartments are available in Santa Fe 87506?
There are 29 units available across 1 apartment communities in Santa Fe 87506.

What salary do I need to live comfortably in Santa Fe 87506?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$106,000/year

Based on the 30 percent rule, using our tracked average rent of $2,638/mo.

Comfortable income

$127,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,343/mo), you need to earn at least $94,000/year.

Cost of living in Santa Fe 87506

We only have live rent data for Santa Fe 87506 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $2,638
Estimated total $2,638/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.

Explore Santa Fe 87506 Apartments

Browse all 1 communities with daily-updated pricing and availability.

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