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Average Rent in Santa Teresa, NM

The typical rent in Santa Teresa, NM is $1,623/month (as of May 2026).

Average market rent

$1,623/mo

Zillow Observed Rent Index (ZORI) · May 2026

Median gross rent

$1,356/mo

US Census Bureau (ACS) · December 2024

Average rent by bedroom in Santa Teresa, NM

TypeAverage rent
1 bedroom$1,350/mo
2 bedroom$1,034/mo
3 bedroom$1,685/mo

Source: US Census Bureau (ACS) (December 2024).

Renting in Santa Teresa, NM?

List your rental on RealBid and let tenants bid openly — or browse listings and bid with confidence now that you know the market.

Frequently asked questions

What is the average rent in Santa Teresa, NM?

The average rent in Santa Teresa, NM is approximately $1,623 per month as of May 2026, based on Zillow Observed Rent Index (ZORI).

How much is a 2-bedroom in Santa Teresa, NM?

The average rent for a 2-bedroom in Santa Teresa, NM is about $1,034 per month (US Census Bureau (ACS)).

How much should I charge for rent in Santa Teresa, NM?

A competitive starting point is around $1,623 per month — the current average for Santa Teresa, NM (Zillow Observed Rent Index (ZORI)). Many landlords list at or just below this and let tenants bid the price up to what the market will actually pay on RealBid.

How often is this data updated?

The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.

Rent in nearby cities (NM)

Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.