11 Apartments For Rent in Santa Fe, NM

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Apartments for Rent in Santa Fe, NM

A town located in New Mexico, Santa Fe has a population of approximately 83,000. Retirees make up a greater percentage of the population (20%) here than nationally (14%), while young adults account for a smaller percentage of the city. Most Santa Fe residents own their homes, and 38% of residents rent. Relatively high rent costs could be playing a role, as the average rent of $1,067/month is substantially higher than the state average of $875.

Santa Fe has a large concentration of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 12% have earned a Master's or a Doctorate. Further, 16% have earned a Bachelor's degree. There are four primary industries in Santa Fe: entertainment, retail, healthcare, and scientific. Together, these industries make up 26% of the city's labor force. Meanwhile, in terms of job function, 7% of the city's population works in sales, which ranks as the top career path in the city. With an average annual income of just under $71,000, Santa Fe workers earn more than their peers elsewhere in New Mexico. However, Santa Fe's average income is fairly average compared to the national level of $73,345.

With an average commute time of about 21 minutes, quicker than most cities in the state, Santa Fe residents are well aware that getting to work isn't overly time-consuming. Driving is the typical mode of getting to work, chosen by 42% of residents, while public transportation is not used much. Walking isn't a common means of commuting to work.

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