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Newest Homes for Rent in Santa Rosa, NM

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  • /5

    $1,325 Per Month

    • 2 Beds
    • 1 Bath
    • 1,041 Sq Ft
    • Townhouse for Rent

    300 S 5th St, Santa Rosa, NM 88435

    Welcome to this charming duplex located at 300 S 5th St, Santa Rosa, NM 88435, USA. Unit #A offers a cozy living space with 1041.0 sqft of living area. This beautiful apartment features sleek stainless steel appliances, durable vinyl plank flooring, and refrigerated air to keep you cool or toasty year-round! The interior boasts a well-maintained kitchen, spacious living room, and ample

    300 S 5th St, Santa Rosa, NM 88435
  • /18

    $1,095 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    409 River Rd, Santa Rosa, NM 88435

    Requirements: - Good rental history and no past due balances owed on any other rental properties - 3x monthly rent as gross income - Credit Check, Background Check, Income Verification and Rental Verifications run on all applicants over the age of 18. Fee Schedule:- Application Fee $50 per Applicant - Late Fee 5% of Rent - Pet Rent $40 per Pet- One time non refundable Pet Fee

    409 River Rd, Santa Rosa, NM 88435

Frequently Asked Questions

How much does it cost to rent a home in Santa Rosa, NM?
The median rent for a home in Santa Rosa, NM is $1,210 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Santa Rosa, NM?
To comfortably afford the median rent in Santa Rosa, NM, a household needs to earn roughly $48,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,210 per month in Santa Rosa, NM, renters typically need to show $3,630 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Santa Rosa, NM?
In Santa Rosa, NM, the price-to-rent ratio is 12.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Santa Rosa, NM

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,210
Median Single Family Home Rent
$1,210
How to Rent a Home