Can A Physical Therapist Afford Rent in Santa Fe, NM?
Comfortably affordable — rent takes 25.8% of gross income.
Santa Fe rent: June 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).
About rent and a physical therapist salary
Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.
Cheaper rent nearby
These New Mexico cities have lower median rent than Santa Fe, which improves the affordability math on a physical therapist salary:
Compare with full rent data for Santa Fe
View full rent data for Santa Fe, NM →Frequently asked questions
Can a physical therapist afford rent in Santa Fe, NM?
Median rent in Santa Fe is $1,932 a month. A typical physical therapist in New Mexico earns about $89,739 a year, which makes that rent 25.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a physical therapist afford in Santa Fe?
Using the 30% rule, a physical therapist salary in New Mexico (~$89,739/yr) supports up to $2,243 a month in rent. Santa Fe's current median rent is $1,932/mo, which leaves a $311/mo buffer.
How many hours does a physical therapist work to cover rent in Santa Fe?
At an hourly equivalent of about $43 an hour, a physical therapist in New Mexico works roughly 44.8 hours a month to cover Santa Fe's median rent of $1,932.
Where is rent cheaper than Santa Fe for a physical therapist?
Nearby New Mexico cities with lower median rent include Los Lunas ($1,928/mo), Rio Rancho ($1,902/mo), Rio Rancho ($1,895/mo). Each shifts the affordability math materially on a physical therapist salary.