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Rent by ZIP · Santa Fe County

Rent in Santa Fe, NM 87505

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,780 (+1.7% vs FY2026). Renters in this ZIP code pay a median $1,384 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,290$1,310-1.5%$1,161–1,419$972 ±$98
1 bedroom$1,450$1,440+0.7%$1,305–1,595$1,190 ±$90
2 bedrooms$1,780$1,750+1.7%$1,602–1,958$1,561 ±$106
3 bedrooms$2,190$2,200-0.5%$1,971–2,409$1,963 ±$247
4 bedrooms$2,340$2,320+0.9%$2,106–2,574$3,350 ±$507

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 87505

Median gross rent$1,384±$72 · all sizes
Renter households6,59840% of occupied homes
No cash rent367households

How rents are spread

Under $1,00026%
$1,000–1,49931%
$1,500–1,99924%
$2,000–2,4999%
$2,500–2,9994%
$3,000–3,4992%
$3,500+3%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
87506Santa Fe$1,570$1,246
87507Santa Fe$1,590$1,496
87508Santa Fe$2,020$1,755
87501Santa Fe$1,960$1,900
87510Abiquiu$1,010–
87511Alcalde$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.