Santa Fe, Texas Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Santa Fe, Texas rental market.

Santa Fe, Texas

Average Apartment Rent

$1,822

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of May 2026

Compared to a year ago, Santa Fe, Texas apartments have recorded a Infinity% rent increase.

Santa Fe, Texas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Santa Fe $1,674 $1,652 $1,643 $1,694 $1,679 $1,639 $1,654 $1,791 $1,803
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Santa Fe
National
Jul 2023
$1,674
$1,741
Nov 2023
$1,652
$1,732
Mar 2024
$1,643
$1,736
Jul 2024
$1,694
$1,756
Nov 2024
$1,679
$1,749
Mar 2025
$1,639
$1,755
Jul 2025
$1,654
$1,767
Nov 2025
$1,791
$1,753
Mar 2026
$1,803
$1,750

Santa Fe, Texas Average Apartment Rent

Santa Fe, Texas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 38.33%, apartments priced $1,000 - $1,500 represent the bulk of Santa Fe, Texas rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 12.62%.

Santa Fe, Texas Housing tenure**

Renter occupied housing units 802
Owner occupied housing units 3,829

Renters take up 17% of Santa Fe, Texas real estate, occupying a total of 802 units, while homeowners live in 3,829 properties.

Median number of rooms of renter-occupied housing units**

4.6

Renter median household income**

$60,370

Average household size of renter-occupied housing units**

2.1

Rental vacancy rate**

9.8%

Santa Fe, Texas Renter-occupied housing units by no. of bedrooms**

1 bed 225
2 beds 171
3 beds 308
4 beds 98

There are 308 rentals in Santa Fe, Texas with 3 beds making up the highest share of the market, at 38%. Units with 4 beds, on the other hand, hold the lowest percentage (12%), amounting to 98 units. Overall, the median number of rooms in Santa Fe, Texas homes for rent is 4.6.

Santa Fe, Texas Renter-occupied units by age of householder**

15 - 24 years 73
25 - 34 years 13
35 - 44 years 241
45 - 54 years 114
55 - 59 years 109
60 - 64 years 68
65 - 74 years 62
75 - 84 years 122

Most condos for rent in Santa Fe, Texas are occupied by residents in the 35 - 44 years age group (30%), followed by those in the 75 - 84 years age group (15%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 2%.

Santa Fe, Texas Renter-occupied housing units by family type**

Family households 251
Non-Family Households 551

Santa Fe, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 208
No related children of the householder under 18 594

A total of 251 apartments for rent in Santa Fe, Texas, or 31% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 208 units. All in all, the median size of a renter-occupied household in Santa Fe, Texas is 2.1.

Santa Fe, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 72
High school graduate (including equivalency) 300
Some college or associate's degree 273
Bachelor's degree or higher 157

In terms of education, renters holding bachelor degrees or higher make up 20% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Santa Fe, Texas.

Santa Fe, Texas Renter-occupied units by year structure built**

Built 2010 - 2019 96
Built 2000 - 2009 168
Built 1990 - 1999 170
Built 1980 - 1989 150
Built 1970 - 1979 104
Built 1960 - 1969 25
Built 1950 - 1959 65
Built 1940 - 1949 24

The highest share of Santa Fe, Texas apartment rentals, namely 21% or 170 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (21%, 168 units), and the ones Built 1980 - 1989 (19%, 150 units).

Santa Fe, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 106
Moved in 2018 to 2020 171
Moved in 2010 to 2017 437
Moved in 2000 to 2009 83
Moved in 1989 or earlier 5

Median year renter moved into unit 2016

Most Santa Fe, Texas renters (54%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Santa Fe, Texas condos for rent is 2016.

Santa Fe, Texas Renter-occupied housing units by vehicles available**

No vehicle available 90
1 vehicle available 361
2 vehicles available 294
3 vehicles available 40
4 or more vehicles available 17

When it comes to transportation options, 45% of Santa Fe, Texas renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 11% have No vehicle available.

Santa Fe, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 610
Car, truck, or van - carpooled 28
Public transportation (excluding taxicab) 11
Taxicab, motorcycle, bicycle, or other means 131
Worked at home 64

Santa Fe, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,279
Moved within same county 182
Moved from different county within same state 202
Moved from different state 19

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Santa Fe, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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