1-Bedroom Apartment Rent in Santa Fe, NM
Median asking rent for a 1-bedroom apartment in Santa Fe, New Mexico as of October 2026. That's +27% lower than the citywide median of $1,956 and +2% above the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Santa Fe
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Santa Fe
Compare Santa Fe's median rent across every apartment size.
Cheapest cities for a 1-bedroom in New Mexico
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Portales | $720 |
| 2 | Alamogordo | $760 |
| 3 | Roswell | $800 |
| 4 | Clovis | $810 |
| 5 | Hobbs | $870 |
| 6 | Artesia | $880 |
| 7 | Farmington | $910 |
| 8 | Carlsbad | $980 |
| 9 | Las Cruces | $1,016 |
| 10 | Santa Teresa | $1,020 |
| 11 | Los Alamos | $1,100 |
| 12 | Albuquerque | $1,128 |
| 13 | Los Lunas | $1,150 |
| 14 | Rio Rancho | $1,380 |
| 15 | Santa Fe (this page) | $1,420 |
Most expensive cities for a 1-bedroom in New Mexico
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Santa Fe (this page) | $1,420 |
| 2 | Rio Rancho | $1,380 |
| 3 | Los Lunas | $1,150 |
| 4 | Albuquerque | $1,128 |
| 5 | Los Alamos | $1,100 |
| 6 | Santa Teresa | $1,020 |
| 7 | Las Cruces | $1,016 |
| 8 | Carlsbad | $980 |
| 9 | Farmington | $910 |
| 10 | Artesia | $880 |
| 11 | Hobbs | $870 |
| 12 | Clovis | $810 |
| 13 | Roswell | $800 |
| 14 | Alamogordo | $760 |
| 15 | Portales | $720 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Santa Fe.
| City | Distance | 1-Bedroom rent | vs Santa Fe |
|---|---|---|---|
| Los Alamos, NM | 26.8 mi | $1,100 | $-320 (-23%) |
| Albuquerque, NM | 59.1 mi | $1,128 | $-292 (-21%) |
| Rio Rancho, NM | 60.2 mi | $1,380 | $-40 (-3%) |
| Los Lunas, NM | 99.2 mi | $1,150 | $-270 (-19%) |
| Alamosa, CO | 126.5 mi | $790 | $-630 (-44%) |
| Trinidad, CO | 144.5 mi | $870 | $-550 (-39%) |
| Farmington, NM | 171.3 mi | $910 | $-510 (-36%) |
| Durango, CO | 180.3 mi | $1,270 | $-150 (-11%) |
1-Bedroom rent in Santa Fe — common questions
How much is a 1-bedroom apartment in Santa Fe?
As of October 2026, the median 1-bedroom apartment rent in Santa Fe, New Mexico is $1,420 per month. This is +27% below the citywide median of $1,956.
What income do you need to afford a 1-bedroom in Santa Fe?
Using the standard 30% rent-to-income rule, you would need an annual income of about $56,800 ($4,733/month gross), which works out to roughly $27.31/hour at a full-time job.
Is Santa Fe expensive for a 1-bedroom compared to the rest of the US?
Santa Fe's 1-bedroom median of $1,420 is +2% above the national 1-bedroom median of $1,395. It ranks in the 52th percentile of US cities tracked.
How does Santa Fe rank for 1-bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 1-bedroom data, Santa Fe ranks #15 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Santa Fe?
Yes — nearby cities with cheaper 1-bedroom rents include Los Alamos ($1,100), Albuquerque ($1,128), Rio Rancho ($1,380).