Studio Apartment Rent in Santa Teresa, NM
Median asking rent for a studio apartment in Santa Teresa, New Mexico as of July 2026. That's +50% lower than the citywide median of $1,598 and +38% below the national studio median of $1,290.
Income needed for a studio 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 studio 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 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 (this page) | $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 | $1,283 |
Most expensive cities for a studio in New Mexico
| # | City | Studio rent |
|---|---|---|
| 1 | Santa Fe | $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 (this page) | $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? 4 of these cities have cheaper studio rents than Santa Teresa.
| City | Distance | Studio rent | vs Santa Teresa |
|---|---|---|---|
| El Paso, TX | 18.5 mi | $868 | +$68 (+9%) |
| Las Cruces, NM | 37.9 mi | $800 | — |
| Horizon City, TX | 38.8 mi | $870 | +$70 (+9%) |
| Alamogordo, NM | 69.5 mi | $640 | $-160 (-20%) |
| Silver City, NM | 127.1 mi | $770 | $-30 (-4%) |
| Carlsbad, NM | 158.6 mi | $790 | $-10 (-1%) |
| Roswell, NM | 200.9 mi | $750 | $-50 (-6%) |
Studio rent in Santa Teresa — common questions
How much is a studio apartment in Santa Teresa?
As of July 2026, the median studio apartment rent in Santa Teresa, New Mexico is $800 per month. This is +50% below the citywide median of $1,598.
What income do you need to afford a studio in Santa Teresa?
Using the standard 30% rent-to-income rule, you would need an annual income of about $32,000 ($2,667/month gross), which works out to roughly $15.38/hour at a full-time job.
Is Santa Teresa expensive for a studio compared to the rest of the US?
Santa Teresa's studio median of $800 is +38% below the national studio median of $1,290. It ranks in the 10th percentile of US cities tracked.
How does Santa Teresa rank for studio rent in New Mexico?
Among the 15 cities in New Mexico with studio data, Santa Teresa ranks #8 from cheapest to most expensive.
Are there cheaper studio options near Santa Teresa?
Yes — nearby cities with cheaper studio rents include Alamogordo ($640), Silver City ($770), Carlsbad ($790).