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Santa Fe County Housing Market

New Mexico · 33 counties · Ranked #2941 in home value

Above National Avg

Housing at a Glance

Median Home Value

$416,900

vs national+$416,900 vs $281,900 national

Median Gross Rent

$1,318/mo

vs national+$1,318 vs $1,163 national

Effective Tax Rate

0.51%

vs national0.51% vs 1.02% national

Median Household Income

$74,689

vs national$74,689 vs $74,755 national

Affordability Ratio

5.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,110

Tax as % of Home Value

0.51%

Monthly Owner Cost

$1,183

Renter Income

$49,785

Frequently Asked Questions

What is the median home value in Santa Fe County?
The median home value in Santa Fe County is $416,900. This is above the national median of $281,900.
How much is rent in Santa Fe County?
The median gross rent in Santa Fe County is $1,318 per month.
What is the property tax rate in Santa Fe County?
The effective property tax rate in Santa Fe County is 0.51%. The median annual property tax bill is $2,110.
Is Santa Fe County affordable?
With a home-value-to-income ratio of 5.6x, Santa Fe County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.