Rentometer, Inc. | Data as of 10/23/2025
Santa Teresa, New Mexico, offers a welcoming blend of desert charm and modern convenience, making it a popular choice for renters seeking both space and community. Situated just south of the Texas border, the city benefits from easy access to major highways, a growing commercial corridor, and a range of outdoor recreation areas such as the nearby Rio Grande and the scenic foothills of the Sacramento Mountains. Residents enjoy a relaxed small‑town atmosphere while still being within commuting distance of larger employment hubs, which contributes to a steady demand for quality housing across the city’s neighborhoods.
The local rental market features a balanced mix of single‑family homes and apartment complexes, catering to a diverse tenant base. Two‑bedroom apartments are particularly sought after, with the average rent hovering in the $1,100 range and the median close to $1,180, reflecting the city’s affordable yet comfortable living options. Many of these units are located near key attractions like the Santa Teresa Marketplace, schools, and parks, providing convenient access to daily necessities and leisure activities. Whether you’re a young professional, a growing family, or a retiree looking for a peaceful setting, Santa Teresa’s rental landscape offers flexible choices that combine affordability, quality amenities, and the appeal of New Mexico’s distinctive desert lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,170 | $1,184 | $1,027 - $1,300 | $1,027 - $1,300 |
In the current period, the average rent in Santa Teresa was
$1,190 for 2 Bedroom, and
$1,468 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.