Studio Apartment Rent in Santa Fe, NM
Median asking rent for a studio apartment in Santa Fe, New Mexico as of July 2026. That's +34% lower than the citywide median of $1,932 and +1% below the national studio median of $1,290.
Income needed for a studio 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 studio 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 studio in New Mexico
| # | City | Studio rent |
|---|---|---|
| 1 | Alamogordo | $640 |
| 2 | Clovis | $670 |
| 3 | Portales | $680 |
| 4 | Roswell | $750 |
| 5 | Silver City | $770 |
| 6 | Carlsbad | $790 |
| 7 | Las Cruces | $800 |
| 8 | Santa Teresa | $800 |
| 9 | Hobbs | $810 |
| 10 | Farmington | $890 |
| 11 | Albuquerque | $949 |
| 12 | Los Lunas | $970 |
| 13 | Los Alamos | $990 |
| 14 | Rio Rancho | $1,165 |
| 15 | Santa Fe (this page) | $1,283 |
Most expensive cities for a studio in New Mexico
| # | City | Studio rent |
|---|---|---|
| 1 | Santa Fe (this page) | $1,283 |
| 2 | Rio Rancho | $1,165 |
| 3 | Los Alamos | $990 |
| 4 | Los Lunas | $970 |
| 5 | Albuquerque | $949 |
| 6 | Farmington | $890 |
| 7 | Hobbs | $810 |
| 8 | Santa Teresa | $800 |
| 9 | Las Cruces | $800 |
| 10 | Carlsbad | $790 |
| 11 | Silver City | $770 |
| 12 | Roswell | $750 |
| 13 | Portales | $680 |
| 14 | Clovis | $670 |
| 15 | Alamogordo | $640 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Santa Fe.
| City | Distance | Studio rent | vs Santa Fe |
|---|---|---|---|
| Los Alamos, NM | 26.8 mi | $990 | $-293 (-23%) |
| Albuquerque, NM | 59.1 mi | $949 | $-334 (-26%) |
| Rio Rancho, NM | 60.2 mi | $1,165 | $-118 (-9%) |
| Los Lunas, NM | 99.2 mi | $970 | $-313 (-24%) |
| Alamosa, CO | 126.5 mi | $790 | $-493 (-38%) |
| Farmington, NM | 171.3 mi | $890 | $-393 (-31%) |
| Durango, CO | 180.3 mi | $1,260 | $-23 (-2%) |
Studio rent in Santa Fe — common questions
How much is a studio apartment in Santa Fe?
As of July 2026, the median studio apartment rent in Santa Fe, New Mexico is $1,283 per month. This is +34% below the citywide median of $1,932.
What income do you need to afford a studio in Santa Fe?
Using the standard 30% rent-to-income rule, you would need an annual income of about $51,320 ($4,277/month gross), which works out to roughly $24.67/hour at a full-time job.
Is Santa Fe expensive for a studio compared to the rest of the US?
Santa Fe's studio median of $1,283 is +1% below the national studio median of $1,290. It ranks in the 50th percentile of US cities tracked.
How does Santa Fe rank for studio rent in New Mexico?
Among the 15 cities in New Mexico with studio data, Santa Fe ranks #15 from cheapest to most expensive.
Are there cheaper studio options near Santa Fe?
Yes — nearby cities with cheaper studio rents include Los Alamos ($990), Albuquerque ($949), Rio Rancho ($1,165).