1-Bedroom Apartment Rent in Santa Teresa, NM
Median asking rent for a 1-bedroom apartment in Santa Teresa, New Mexico as of July 2026. That's +36% lower than the citywide median of $1,598 and +27% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Santa Teresa
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 Teresa
Compare Santa Teresa'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 | Silver City | $770 |
| 4 | Roswell | $800 |
| 5 | Clovis | $810 |
| 6 | Hobbs | $870 |
| 7 | Farmington | $910 |
| 8 | Carlsbad | $980 |
| 9 | Las Cruces | $1,016 |
| 10 | Santa Teresa (this page) | $1,020 |
| 11 | Los Alamos | $1,100 |
| 12 | Albuquerque | $1,128 |
| 13 | Los Lunas | $1,150 |
| 14 | Rio Rancho | $1,380 |
| 15 | Santa Fe | $1,420 |
Most expensive cities for a 1-bedroom in New Mexico
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Santa Fe | $1,420 |
| 2 | Rio Rancho | $1,380 |
| 3 | Los Lunas | $1,150 |
| 4 | Albuquerque | $1,128 |
| 5 | Los Alamos | $1,100 |
| 6 | Santa Teresa (this page) | $1,020 |
| 7 | Las Cruces | $1,016 |
| 8 | Carlsbad | $980 |
| 9 | Farmington | $910 |
| 10 | Hobbs | $870 |
| 11 | Clovis | $810 |
| 12 | Roswell | $800 |
| 13 | Silver City | $770 |
| 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 Teresa.
| City | Distance | 1-Bedroom rent | vs Santa Teresa |
|---|---|---|---|
| El Paso, TX | 18.5 mi | $1,074 | +$54 (+5%) |
| Las Cruces, NM | 37.9 mi | $1,016 | $-4 (0%) |
| Horizon City, TX | 38.8 mi | $1,090 | +$70 (+7%) |
| Alamogordo, NM | 69.5 mi | $760 | $-260 (-25%) |
| Silver City, NM | 127.1 mi | $770 | $-250 (-25%) |
| Carlsbad, NM | 158.6 mi | $980 | $-40 (-4%) |
| Roswell, NM | 200.9 mi | $800 | $-220 (-22%) |
1-Bedroom rent in Santa Teresa — common questions
How much is a 1-bedroom apartment in Santa Teresa?
As of July 2026, the median 1-bedroom apartment rent in Santa Teresa, New Mexico is $1,020 per month. This is +36% below the citywide median of $1,598.
What income do you need to afford a 1-bedroom in Santa Teresa?
Using the standard 30% rent-to-income rule, you would need an annual income of about $40,800 ($3,400/month gross), which works out to roughly $19.62/hour at a full-time job.
Is Santa Teresa expensive for a 1-bedroom compared to the rest of the US?
Santa Teresa's 1-bedroom median of $1,020 is +27% below the national 1-bedroom median of $1,395. It ranks in the 22th percentile of US cities tracked.
How does Santa Teresa rank for 1-bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 1-bedroom data, Santa Teresa ranks #10 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Santa Teresa?
Yes — nearby cities with cheaper 1-bedroom rents include Las Cruces ($1,016), Alamogordo ($760), Silver City ($770).