Rent by ZIP · Santa Fe County
Rent in Santa Fe, NM 87501
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,960 (+1.6% vs FY2026). Renters in this ZIP code pay a median $1,635 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,420 | $1,440 | -1.4% | $1,278–1,562 | $1,413 ±$578 |
| 1 bedroom | $1,600 | $1,590 | +0.6% | $1,440–1,760 | $1,336 ±$97 |
| 2 bedrooms | $1,960 | $1,930 | +1.6% | $1,764–2,156 | $1,900 ±$206 |
| 3 bedrooms | $2,410 | $2,430 | -0.8% | $2,169–2,651 | $2,160 ±$230 |
| 4 bedrooms | $2,580 | $2,560 | +0.8% | $2,322–2,838 | $1,818 ±$1,624 |
Small Area FMRs for the Santa Fe, NM MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Santa Fe, NM MSA, 2 bedrooms: $1,735.
What renters pay in 87501
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 87505 | Santa Fe | $1,780 | $1,561 |
| 87506 | Santa Fe | $1,570 | $1,246 |
| 87507 | Santa Fe | $1,590 | $1,496 |
| 87508 | Santa Fe | $2,020 | $1,755 |
| 87510 | Abiquiu | $1,010 | – |
| 87511 | Alcalde | $1,010 | $449 |
Fair Market Rents across Santa Fe County, NM · All NM counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.