Santa Fe

New Mexico · Ranked #86 of 102 metros

32Crisis

Median Home Price

🏠

$520K

Need $149K income

Median Rent

🔑

$1K

Need $56K income

Housing Shortage

📉

5,000

units needed

Building Permits

🔨

1,500

annual

Median Income

💰

$58K

Pop: 154,823

Rent Burden

⚠️

33.0%

of renters paying >30%

Price Change (YoY)

📈

+5%

Homeownership

🏡

65.5%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricSanta FeNational
Price-to-Income Ratio8.9x6.1x
Rent Burden33.0%31.5%
Homeownership Rate65.5%65.5%
YoY Price Change+5%+3.5%
YoY Rent Change+3.5%+2.8%
Mortgage Denial Rate13.0%13.5%
Eviction Rate2.5%3.6%