What is the rental vacancy rate in Santa Fe, NM?

Name: Vacancy rate in Santa Fe, NM, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Santa Fe, NM is 4.5% (±1.4 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.4 points).

4,687 (±487) homes, 10.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Santa Fe, the rental vacancy rate went from 7.8% in 2015–2019 to 4.5% in 2020–2024 (−3.3 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Rental vacancy rate: 4.5% (±1.4 points)
Homeowner vacancy rate: 0.7% (±0.4 points)
Vacant homes: 4,687 (±487)

Vacancy in Santa Fe against Santa Fe County, its state and the nation

Estimate (90% margin of error)
	Santa Fe	Santa Fe County	New Mexico	United States
Rental vacancy rate	4.5% (±1.4 points)	4.6% (±1.1 points)	5.9% (±0.4 points)	5.5%
Homeowner vacancy rate	0.7% (±0.4 points)	0.5% (±0.3 points)	1.0% (±0.1 points)	0.9%
Vacant housing units	4,687 (±487)	8,067 (±577)	119,550 (±2,688)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Santa Fe, the rental vacancy rate is not measurably different from Santa Fe County (4.6%).

It is not measurably different from New Mexico (5.9%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Santa Fe

Nearest places with a published estimate, compared with Santa Fe
Place	Distance	Rental vacancy rate	Compared with this place
Santa Fe	—	4.5% (±1.4 points)	—
Agua Fria	1.9 mi	0.0% (±5.3 points)	Not measurably different
Tres Arroyos	3.5 mi	14.0% (±24.8 points)	Not measurably different
Tano Road	5.2 mi	0.0% (±84.8 points)	Not measurably different
Las Campanas	5.7 mi	0.0% (±59.0 points)	Not measurably different
Tesuque	6.9 mi	0.5% (±1.3 points)	Lower
La Cienega	9.3 mi	0.0% (±12.3 points)	Not measurably different
Eldorado at Santa Fe	9.7 mi	0.0% (±30.6 points)	Not measurably different
Cañoncito	12 mi	0.0% (±34.5 points)	Not measurably different

Nearby places with a measurably lower figure: Tesuque, NM (0.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Santa Fe County, place by place

Rank	Place	Rental vacancy rate
1	Tres Arroyos	14.0% (±24.8 points)
2	Santa Fe	4.5% (±1.4 points)
3	Nambe	3.3% (±4.0 points)
4	Pojoaque	3.0% (±1.8 points)
5	El Rancho	2.9% (±3.2 points)
6	Tesuque	0.5% (±1.3 points)
7 (tie)	Agua Fria	0.0% (±5.3 points)
7 (tie)	Cañoncito	0.0% (±34.5 points)

Showing 8 of 16 places in Santa Fe County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Santa Fe

Is it hard to find a rental in Santa Fe?

The rental vacancy rate in Santa Fe, NM is 4.5% (±1.4 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Santa Fe tighter than it was?

In Santa Fe, the rental vacancy rate went from 7.8% in 2015–2019 to 4.5% in 2020–2024 (−3.3 percentage points), a measurable decrease.

How many homes are vacant in Santa Fe?

An estimated 4,687 (±487) housing units, 10.1% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Santa Fe city, New Mexico (place:70500, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.