Santa Fe, NM Rent History

127 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,956
1-year change
+0.5%
$10/mo
5-year change
+18.5%
$305/mo
10-year change
+77.3%
$853/mo

Monthly rent trend

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Year-by-year rent in Santa Fe

YearMedian rentYoY changevs 2016
2016$1,054/mo—0.0%
2017$1,163/mo+10.3%+10.3%
2018$1,244/mo+7.0%+18.0%
2019$1,331/mo+7.0%+26.3%
2020$1,427/mo+7.2%+35.4%
2021$1,492/mo+4.6%+41.6%
2022$1,758/mo+17.8%+66.8%
2023$1,879/mo+6.9%+78.3%
2024$1,951/mo+3.8%+85.1%
2025$1,950/mo-0.1%+85.0%
2026$1,951/mo+0.1%+85.1%

Frequently asked questions

How much has rent in Santa Fe changed since 2016?

Median rent in Santa Fe, NM was $1,087 in 2016-03 and is $1,956 as of 2026-09 — a change of $869 per month over 10 years.

How much has Santa Fe rent increased in the last 5 years?

Over the past 5 years, median rent in Santa Fe, NM has changed +18.5% ($305 per month). The current median is $1,956.

What has rent in Santa Fe done over the past decade?

Over the past 10 years, median rent in Santa Fe, NM has changed +77.3% ($853 per month). It is now $1,956.

Is rent in Santa Fe going up or down year over year?

Year over year, median rent in Santa Fe, NM has increased +0.5% ($10/mo). Current median: $1,956.

See full rent data for Santa Fe, NM →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.