Most Affordable ZIP Codes in Santa Fe, NM (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 87567 Santa Cruz, NM $350,121 $1,323 2.95% 4.2%
2 87532 Espanola, NM $353,622 $1,323 2.92% 6.0%
3 87015 Edgewood, NM $387,299 $2,200 4.43% 4.3%
4 87535 Glorieta, NM $428,057 $1,422 2.59% 2.7%
5 87507 Santa Fe, NM $464,769 $1,873 3.14% 3.8%
6 87505 Santa Fe, NM $575,314 $1,763 2.39% 3.5%
7 87508 Santa Fe, NM $658,576 $2,925 3.46% 3.8%
8 87501 Santa Fe, NM $750,722 $2,223 2.31% 3.6%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Santa Fe, NM  ·  Appreciation in Santa Fe, NM

Or see the full Santa Fe, NM metro profile.