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Rent by ZIP · Santa Fe County

Rent in Santa Fe, NM 87507

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,590 (0% vs FY2026). Renters in this ZIP code pay a median $1,412 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,160$1,190-2.5%$1,044–1,276$980 ±$64
1 bedroom$1,290$1,310-1.5%$1,161–1,419$1,224 ±$202
2 bedrooms$1,590$1,5900%$1,431–1,749$1,496 ±$170
3 bedrooms$1,960$2,000-2%$1,764–2,156$1,668 ±$184
4 bedrooms$2,090$2,110-0.9%$1,881–2,299$1,436 ±$949

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 87507

Median gross rent$1,412±$119 · all sizes
Renter households6,77333% of occupied homes
No cash rent291households

How rents are spread

Under $1,00022%
$1,000–1,49932%
$1,500–1,99927%
$2,000–2,49912%
$2,500–2,9995%
$3,000–3,4990%
$3,500+1%

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
87508Santa Fe$2,020$1,755
87505Santa Fe$1,780$1,561
87510Abiquiu$1,010–
87511Alcalde$1,010$449
87501Santa Fe$1,960$1,900

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.