Special Interest
Housing in Santa Fe County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Santa Fe County averages $1,389/month for a 2‑bedroom in 2024, compared to the New Mexico median of $1,067 and the national median of $1,413. Local renters spend approximately 33% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Santa Fe County FMR Area are $1,418 for a studio, $1,566 for 1‑bedroom, $1,898 for 2‑bedroom, $2,391 for 3‑bedroom, and $2,513 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $509 increase for a 2-bedroom in Santa Fe County shows a 37% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Santa Fe County was 3.7% in 2024, compared to New Mexico at 4.1% and the national rate of 4.0%.
