Apartments in Santa Teresa
Apartments near Santa Teresa, NM
How many apartments are available in Santa Teresa, NM on Rentable.co?
Rentable.co has over 405 apartments available in Santa Teresa.
Rentable.co has over 405 apartments available in Santa Teresa.
Welcome to the September 2026 Santa Teresa Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2026 key findings and figures for the Santa Teresa rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Santa Teresa and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Santa Teresa average rent prices in the chart below.
Santa Teresa rent prices decreased over the last month. From August to September, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Santa Teresa one-bedroom apartments currently stands at $.
When we take a look at the two-bedroom comparison from August to September, Santa Teresa experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Santa Teresa two-bedroom apartments currently stands at $.
Rent prices have decreased in Santa Teresa over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Santa Teresa suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Santa Teresa suburbs
Rents did not decrease in any of the Santa Teresa suburbs.
Rent growth in Santa Teresa over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Santa Teresa average rent prices appear to be relatively affordable for local residents.
The price for a Santa Teresa one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Santa Teresa and surrounding area rent prices, take a look at the complete data set below.
| 1 BR September | 1 BR M/M % Change | 2 BR September | 2 BR M/M % Change |
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Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.