Santa Fe, New Mexico Short Term Rental Regulations

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Reviewed by Karolyn Hutson

Last updated August 23, 2023

Santa Fe Short-Term Rental Regulations

Information is maintained by the community to provide helpful insights and links to local regulations, HostScouts does not provide legal or investment advice.

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  • Short Term City Rating
    5.7
  • Competition

    5.6
  • Real Estate Cost

    4.0
  • STR Regulations

    N/A
  • Seasonality

    4.7
  • Rental Rates

    8.4

Santa Fe, New Mexico Quick Stats

Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.

Population
84,683
STR License Required
No
Tourist Season
County
Santa Fe
Airports
Santa Fe Municipal Airport (SAF)
Los Alamos County Airport (LAM)
Review our Santa Fe New Mexico short-term rental analytics guide, including rates, property types and other metrics

Want to learn more about Santa Fe?

Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.

Check out our Santa Fe rental analytics guide if you're interested in data on the Santa Fe rental market.

City Activities

Review the popular activities that hosts include in their property positing in Santa Fe.

City Attractions

The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.

Santa Fe Rental Rates & Fees

Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.

Property Types & Sizes

What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Santa Fe guests.

Interested in other New Mexico cities?

Check out the New Mexico Airbnb rules directory 

What makes Santa Fe a great place to invest?

  • Rich Cultural Heritage: Santa Fe, New Mexico is a melting pot of diverse cultures and historical influences, from Native American and Spanish to Mexican and Anglo-American. As you walk through the streets, you'll be enchanted by the unique blend of architectural styles, colorful markets, and vibrant festivals that celebrate the city's multifaceted identity. A visit to Santa Fe is like stepping into a living history book, with each turn offering new insights into its captivating past.
  • Dazzling Art Scene: Santa Fe is a mecca for art lovers, boasting over 250 galleries and museums showcasing everything from traditional Native American crafts to cutting-edge contemporary works. Lose yourself in the world-renowned Canyon Road, which features a mile-long stretch of art galleries, studios, and sculptures. Marvel at the breathtaking Georgia O'Keeffe Museum, dedicated to the iconic American artist, or immerse yourself in the immersive art experience of Meow Wolf's House of Eternal Return.
  • Exquisite Southwestern Cuisine: Indulge your taste buds in the mouthwatering flavors of Santa Fe's culinary landscape. Savor authentic New Mexican dishes like spicy green chile stew, blue corn enchiladas, and sopaipillas drizzled with local honey. With an abundance of farm-to-table eateries, innovative fusion restaurants, and award-winning chefs, Santa Fe's food scene is as diverse and flavorful as its cultural heritage.
  • Invigorating Outdoor Adventures: Nestled amidst the stunning Sangre de Cristo Mountains, Santa Fe offers an array of outdoor activities that cater to thrill-seekers and nature enthusiasts alike. Explore the picturesque hiking and mountain biking trails, or embark on an exhilarating white-water rafting adventure along the Rio Grande. For a more tranquil experience, immerse yourself in the serene beauty of the Santa Fe Botanical Garden or discover the enchanting wilderness of Hyde Memorial State Park.
  • World-Class Spa and Wellness Retreats: Experience rejuvenation and relaxation at one of Santa Fe's many renowned spas and wellness centers. These retreats often incorporate Native American-inspired treatments and locally-sourced ingredients to promote healing and balance. Indulge in a restorative massage, sweat out your stress in a traditional adobe sweat lodge, or bask in the calming energy of the city's numerous hot springs.

Santa Fe Nearby Cities

Local Real Estate

How expensive is the real estate in Santa Fe?

The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Santa Fe has decreased -4% over the past year, and the average price per square foot is $398, which is higher than the national average.

Median Sale Price

$717,844

-4% YoY

Median per Square Foot

$398

-5% YoY

Average Monthly Rent

$2,228

9% YoY

Property Descriptions

The most common terms hosts include in their listings for Santa Fe, New Mexico

Word Cloud for Santa Fe, New Mexico Short Term Rentals

Common terms for Santa Fe short term rental listings.

When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.

Some of the must-have elements of a property description include:

  • Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
  • Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
  • Informative: The average listing in Santa Fe has a description approximately 2,063 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.

After reviewing more than 1,720 listings in Santa Fe, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Santa Fe, Casita, Patio, Plaza, Outdoor, Beautiful, Canyon Road, Perfect, Comfortable, and Kiva fireplace.

What are the most popular tourist activities in Santa Fe?

Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Santa Fe involve Museums, the City Centre, Hiking, Cycling, and Snow Skiing. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.

Museums

City Centre

Hiking

Cycling

Snow Skiing

Mountain Biking

Antiquing

Health Spa

Horseback Riding

Outlet Shopping

Casinos

Swimming

Local Attractions

What attractions do hosts highlight to guests?

There are quite a few popular attractions in Santa Fe, including Santa Fe Plaza, Meow Wolf, Ski Santa Fe, Loretto Chapel, and Georgia O'Keefe Museum. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.

Well Known Attraction

Santa Fe Plaza

Included on nearly all listings

Regional Landmark

Meow Wolf

Included on nearly all listings

Regional Landmark

Loretto Chapel

Included on nearly all listings

Regional Landmark

Georgia O'Keefe Museum

Included on nearly all listings

Regional Landmark

Cathedral Basilica of Saint Francis of Assisi

Included on nearly all listings

Local Landmark

New Mexico State Capitol

Included on nearly all listings

Local Landmark

Santa Fe Railyard

Included on nearly all listings

Local Landmark

Palace of the Governors

Included on 85% of listings

Regional Landmark

Santa Fe Opera

Included on 9% of listings

Regional Landmark

Ski Santa Fe

Included on 8% of listings

Local Landmark

Camel Rock Casino

Included on 5% of listings

Local Landmark

Cities of Gold Casino

Included on 3% of listings

What’s the weather like in Santa Fe, New Mexico?

The weather is generally milder than the national average, with an average high temperature of around 62°, while the average low is about 36°. It has normal rainfall, averaging about 9 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 12 inches per year. The humidity levels in Santa Fe are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.

Winter

December through February

20° Low 43° High

Precipitation
0.5"
Snowfall
7.7"
Muggy Days
0.0 days
Cloudiness
34%

Spring

March through May

35° Low 63° High

Precipitation
1.7"
Snowfall
2.4"
Muggy Days
0.0 days
Cloudiness
31%

Summer

June through August

53° Low 81° High

Precipitation
4.1"
Snowfall
0.0"
Muggy Days
0.0 days
Cloudiness
29%

Fall

September through November

37° Low 62° High

Precipitation
2.6"
Snowfall
2.4"
Muggy Days
0.0 days
Cloudiness
26%