Santa Fe, NM Rent History

124 months of data, 20162026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,932
1-year change
+1.4%
$26/mo
5-year change
+24.8%
$384/mo
10-year change
+90.5%
$918/mo

Monthly rent trend

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Year-by-year rent in Santa Fe

YearMedian rentYoY changevs 2016
2016$1,044/mo0.0%
2017$1,164/mo+11.5%+11.5%
2018$1,239/mo+6.4%+18.7%
2019$1,336/mo+7.8%+28.0%
2020$1,434/mo+7.3%+37.4%
2021$1,499/mo+4.5%+43.6%
2022$1,770/mo+18.1%+69.5%
2023$1,897/mo+7.2%+81.7%
2024$1,971/mo+3.9%+88.8%
2025$1,917/mo-2.7%+83.6%
2026$1,985/mo+3.5%+90.1%

Frequently asked questions

How much has rent in Santa Fe changed since 2016?

Median rent in Santa Fe, NM was $1,080 in 2016-03 and is $1,932 as of 2026-06 — a change of $852 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 +24.8% ($384 per month). The current median is $1,932.

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

Over the past 10 years, median rent in Santa Fe, NM has changed +90.5% ($918 per month). It is now $1,932.

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

Year over year, median rent in Santa Fe, NM has increased +1.4% ($26/mo). Current median: $1,932.

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.