How to Rent Your Vacation Home or Condo in Santa Fe, New Mexico

The demand for vacation rentals in Santa Fe has been on the rise since 2013, when Airbnb first launched in New Mexico. According to Zillow, there were nearly 20 properties available to rent in Santa Fe as of June 2018. Although they only account for a small percentage of all short-term rental listings in Santa Fe, these types of rentals are more likely to be booked by visitors who are seeking luxury accommodations and amenities like spa treatments and gourmet dining options. These types of travelers also tend to spend more than average short-term renters, making them a potentially lucrative source of income for homeowners who decide to rent out their accommodation on Airbnb or other platforms.

Current Vacation Rental Trends in Santa Fe

During the month of September, Santa Fe and areas including , and Santa Fe City are projected to generate over $276/night for a 2 bedroom vacation rental, on average! There were 1,966 vacation active rental properties in Santa Fe.  1,789 are renting the entire place, and 177 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Santa Fe is booked 88% of the time, and most hosts are projected to generate $5,043 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$276.00 Per Night*

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87% Occupied*

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$5,043.00 Per Month*

* Based on the median average of all vacation rentals in the Santa Fe area.
Get a free estimate for your home or condo.

Vacation Rentals in Santa Fe are Generating Record Profits with RedAwning

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Successful short-term vacation rentals in Santa Fe, New Mexico

Positive vacation rental trends in Santa Fe, New Mexico when you considering renting out your Santa Fe home as a short-term rental are: Because it is such a popular destination for visitors from across the country and around the world, there are many affordable and comfortable accommodations available to rent on Airbnb or other platforms. Santa Fe has plenty of hotels to choose from, but these tend to be overpriced for what you get. There are also plenty of guest houses and B&Bs that are perfect for families or couples looking for a more authentic Santa Fe experience. With all of these options available, Santa Fe is a great place to rent short-term.

Positive vacation rental trends in Santa Fe, New Mexico when you considering renting out your Santa Fe home as a short-term rental include: To satisfy demand, consider renting out your Santa Fe home as a short-term vacation rental. With the right marketing strategy, you can attract tourists who are willing to pay higher prices for Santa Fe property. Furthermore, Santa Fe is a tourist destination that appeals to many different types of travelers. By renting out your Santa Fe home as a short-term vacation rental, you’re catering to all types of guests, from those interested in historical sights to those looking for peaceful retreats. Advance your search for short-term vacation rentals by searching online and seeing what’s available in your area. You can also reach out to local businesses and ask them about their current inventory. You can also rent out your Santa Fe home as an Airbnb or VRBO listing. These sites offer a wide variety of accommodations that cater to a range of price points.

Revenue Projections for Vacation Rentals in Santa Fe, New Mexico during October, 2022

Based on a 2 bedroom, which is the most common Santa Fe vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in October. Higher bars below can command higher prices, if your Santa Fe vacation rental is available during these days.
 
$42789%1st
 
$38588%2nd
 
$36187%3rd
 
$36287%4th
 
$35687%5th
 
$35589%6th
 
$39290%7th
 
$39289%8th
 
$34285%9th
 
$33082%10th
 
$32180%11th
 
$31381%12th
 
$31784%13th
 
$34884%14th
 
$33883%15th
 
$30479%16th
 
$29877%17th
 
$29577%18th
 
$30078%19th
 
$30781%20th
 
$32080%21st
 
$31780%22nd
 
$29276%23rd
 
$28575%24th
 
$28574%25th
 
$28474%26th
 
$29073%27th
 
$30373%28th
 
$30272%29th
 
$28470%30th
 
$28168%31st
 

Average Daily Price & Percent Occupied Next Month In Santa Fe

Note: These averages are based on a 2 bedroom home in Santa Fe. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Santa Fe, New Mexico?

If you are a speculative home buyer or have another home in New Mexico, check out our other New Mexico Vacation Rental Management reports in AlbuquerqueTaosCloudcroft,  and Raton, New Mexico or view all of our vacation rental market reports

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