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City · 5,619 residents · Santa Fe County, New Mexico

Eldorado at Santa Fe , New Mexico

In Eldorado at Santa Fe, a typical home is worth $591,900 and typical rent is $2,526 a month. Compared with all of Santa Fe County, typical rent is 82% higher, typical household income is 35% higher, and the share of households that own their home is 24 points higher.

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  • Typical home value

    $591,900

    33% above the county

    139% above New Mexico

    • Eldorado at Santa Fe
    • Santa Fe
    • New Mexico

  • Typical rent

    $2,526a month

    82% above the county

    137% above New Mexico

    • Eldorado at Santa Fe
    • Santa Fe
    • New Mexico

  • Typical household income

    $106,633a year

    35% above the county

    66% above New Mexico

    • Eldorado at Santa Fe
    • Santa Fe
    • New Mexico

  • Households that own their home

    96%

    24 points above the county

    26 points above New Mexico

    • Eldorado at Santa Fe
    • Santa Fe
    • New Mexico

Source: U.S. Census Bureau, Average 2020–2024

Eldorado at Santa Fe is in Santa Fe County. The FHA loan limit ($569,250 for a one-unit home), the fair market rents and the help on this page are those of all of Santa Fe County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Eldorado at Santa Fe apart

What this place has that others do not, from public data, most unusual first.

  1. Eldorado at Santa Fe has the highest typical rent of the 43 cities in New Mexico with more than 5,000 people: $2,526.

  2. Eldorado at Santa Fe has the highest typical home value of the 46 cities in New Mexico with more than 5,000 people: $591,900.

  3. Nearby, in Española, the typical rent is $829: 67% less than in Eldorado at Santa Fe ($2,526).

  4. Nearby, in Española, the typical home value is $210,800: 64% less than in Eldorado at Santa Fe ($591,900).

  5. 96% of households in Eldorado at Santa Fe own their home, against 72% in Santa Fe County.

  6. Eldorado at Santa Fe has the 3rd highest typical household income of the 46 cities in New Mexico with more than 5,000 people ($106,633).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Eldorado at Santa Fe

What homes there are in Eldorado at Santa Fe, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Eldorado at Santa Fe, 10 in 10 homes are single-family detached houses; in Santa Fe County, 6.

Year built

Homes in Eldorado at Santa Fe are newer: the typical year built is 1993; in Santa Fe County, 1989.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,250 a month

Santa Fe County: $1,911 a month

Without a mortgage

$630 a month

Santa Fe County: $533 a month

Owners with a mortgage

65%

Santa Fe County: 53%

In Eldorado at Santa Fe, 65% of owners have a mortgage, and their typical cost is $2,250 a month, against $1,911 in Santa Fe County. Without one it drops to $630.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Eldorado at Santa Fe rose at about the same pace as in Santa Fe County: 53% against 53%.

Since 2015–2019, the typical rent in Eldorado at Santa Fe rose 53%, more than in Santa Fe County (33%).

The typical household income in Eldorado at Santa Fe rose 37%: less than home values (+53%) and rent (+53%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureEldorado at Santa FeSanta Fe CountyNew MexicoUnited States
Rental vacancy Unreliable estimate4.6%5.9%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.0%0.9%
More than one person per room Unreliable estimate2.2%3.3%3.4%
People per household 2.112.172.482.53
Drive alone 59%68%74%69%
Carpool Unreliable estimate8%10%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home 29%18%12%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutesUnreliable estimate10 to 19 minutes20 to 29 minutes

A household in Eldorado at Santa Fe has 2.11 people on average, about the same as in Santa Fe County (2.17).

Working from home is more common in Eldorado at Santa Fe: 29%, against 18% in Santa Fe County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Eldorado at Santa Fe?

A typical home costs more than the typical income allows

We start with a typical home in Eldorado at Santa Fe, worth $591,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 53% of the typical household income in Eldorado at Santa Fe, which is $106,633 a year. For that payment to be 28% of income, a household would need to earn about $200,669 a year. Note: at that price the loan is above the FHA limit for Santa Fe County ($569,250), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Santa Fe County.

Your numbers

Local data
$

Starts at the typical home value in Eldorado at Santa Fe. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $20,717 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,682

at 7.18% · 30 years

Loan amount
$581,179
Total interest
$836,180
Paid off in
November 2056

Includes $9,996 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,488 a month

  • Tight

    $2,488 to $3,199 a month

  • Hard

    more than $3,199 a month

    Your payment · 53%

Compared with the typical household income in Eldorado at Santa Fe ($106,633 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,682
Principal & interest$3,937
Property tax$237
Home insurance$247
FHA mortgage insurance (MIP)$262

This loan is over the FHA limit

You'd borrow $571,183, but the FHA limit for a one-unit home in Eldorado at Santa Fe is $569,250. You'd need a bigger down payment or a different loan.

You need at least $20,717 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Eldorado at Santa Fe and Santa Fe County

Eldorado at Santa Fe is in Santa Fe County, New Mexico. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Eldorado at Santa Fe's own numbers

Typical home value
$591,900
Typical monthly rent
$2,526
Typical yearly household income
$106,633
Households that own their home
96%
Effective property tax rate
0.48%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Santa Fe County

FHA limit, one-unit home
$569,250
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,735
Price change over 5 years (FHFA)
+48%
Homes in a high flood-risk zone
0.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Santa Fe County.

Everything about Santa Fe County

Buying

Buying a home in Eldorado at Santa Fe

A typical home in Eldorado at Santa Fe is worth $591,900: 33% above the county and 139% above New Mexico. With the typical household income in Eldorado at Santa Fe ($106,633 a year), a typical home costs 5.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Eldorado at Santa Fe 5.6 years
  • Santa Fe 5.6 years
  • New Mexico 3.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Santa Fe County

According to FHFA’s house price index, home prices in Santa Fe County rose 95% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Santa Fe County.

Period County New Mexico U.S.
Last year (2025) +0.8% +3.1% +2.9%
5 years (2020–2025) +48% +50% +47%
10 years (2015–2025) +95% +82% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Eldorado at Santa Fe next to Santa Fe County, New Mexico and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Eldorado at Santa Fe $591,900
  • Santa Fe $446,300
  • New Mexico $248,100
  • United States $332,700
Typical monthly rent
  • Eldorado at Santa Fe $2,526
  • Santa Fe $1,389
  • New Mexico $1,067
  • United States $1,413
Typical yearly household income
  • Eldorado at Santa Fe $106,633
  • Santa Fe $79,071
  • New Mexico $64,059
  • United States $80,734
See the full table
Eldorado at Santa Fe next to Santa Fe County and New Mexico
Measure Eldorado at Santa Fe Santa Fe County New Mexico U.S.
Typical home value $591,900 $446,300 $248,100 $332,700
Typical monthly rent $2,526 $1,389 $1,067 $1,413
Typical yearly household income $106,633 $79,071 $64,059 $80,734
Households that own their home 96% 72% 70% 65%
Typical yearly property tax $2,870 $2,152 $1,731 $3,119
Effective property tax rate 0.48% 0.48% 0.7% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Santa Fe County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Eldorado at Santa Fe

For a typical $591,900 home in Eldorado at Santa Fe, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Eldorado at Santa Fe's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,682a month

    Above the FHA limit for Santa Fe County ($569,250)
    Down payment
    $20,717
    Cash to close
    $38,474
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $262

  • Conventional, 5% down $4,574a month

    Least cash to close
    Down payment
    $29,595
    Cash to close
    $47,352
    Rate
    7.18%
    Mortgage insurance
    PMI · $281

  • Conventional, 20% down, no PMI $3,691a month

    Down payment
    $118,380
    Cash to close
    $136,137
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,238a month

    Down payment
    $88,785
    Cash to close
    $106,542
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Eldorado at Santa Fe and for Santa Fe County.

Property tax

Effective rate in Eldorado at Santa Fe

0.48%of the home’s value each year

$2,870 a year for the typical owner in Eldorado at Santa Fe.

  • Eldorado at Santa Fe 0.48%
  • Santa Fe 0.48%
  • New Mexico 0.7%

What New Mexico publishes 3 percent cap on the yearly increase in your home's taxable value (New Mexico Legislative Finance Committee ("Property Taxes in New Mexico" brief))

Exemptions and deadlines in New Mexico

Flood risk in Santa Fe County

FEMA does not publish these numbers by city: they are for all of Santa Fe County.

Homes in the high-risk zone
0.9%
609
Of those, with NFIP insurance
17%
County New Mexico U.S.
Homes in the high-risk zone 0.9% 5.7% 3.5%
Of those, with NFIP insurance 17% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Eldorado at Santa Fe

Typical rent in Eldorado at Santa Fe is $2,526 a month: 82% above the county.

HUD publishes a fair market rent for all of Santa Fe County, by unit size. To pay the 2-bedroom one ($1,735 a month) without spending more than 30% of your income, you would need to earn $33.37 an hour working full time.

HUD fair market rent for all of Santa Fe County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,260 $24.23 $50,400
1 bedroom $1,413 $27.17 $56,520
2 bedrooms $1,735 $33.37 $69,400
3 bedrooms $2,134 $41.04 $85,360
4 bedrooms $2,280 $43.85 $91,200

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Eldorado at Santa Fe

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Eldorado at Santa Fe is in ZIP code 87508.

For 2 bedrooms it is $2,020: $285 more than the fair market rent for Santa Fe County ($1,735).

  • 87508 $2,020$2,480

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Eldorado at Santa Fe when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Eldorado at Santa Fe

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Santa Fe County; 1 says it serves in Spanish.

An older man and his daughter go over papers with a professional.

HUD counseling is free or low-cost

Assistance programs in Eldorado at Santa Fe

No down payment, repair or rent-help program on our list is for Eldorado at Santa Fe or Santa Fe County. The ones below are statewide in New Mexico: they work in Eldorado at Santa Fe the same as in the rest of the state.

Which programs do I qualify for? All programs in New Mexico

  • FirstDown

    Statewide in New Mexico

    New Mexico state agency fixed-rate second mortgage for the down payment and closing costs of first-time buyers, together with the FirstHome mortgage. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Repayable

    See the program Official page

  • HomeNow

    Statewide in New Mexico

    New Mexico state agency fixed $7,000 second mortgage for the down payment and closing costs of low-income first-time buyers; no monthly payments and forgivable after 10 years. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Forgivable

    See the program Official page

  • FirstDown Plus

    Statewide in New Mexico

    New Mexico state agency fixed $10,000 third loan at 0%, for the down payment only, added to FirstDown or HomeNow; repaid in monthly installments over 15 years. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Repayable

    See the program Official page

Housing counselors near Eldorado at Santa Fe

The HUD-approved agencies closest to the center of Eldorado at Santa Fe, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Homewise, Inc.

    1301 Siler Rd, Santa Fe · 10 miles away · Spanish

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    (505) 983-9473

  • Southwest Neighborhood Housing Services, Inc.

    6301 4th St NW Ste 5, Los Ranchos · 48 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (505) 243-5511

  • Homewise, Inc.

    500 2nd St. SW, Albuquerque · 51 miles away · Spanish

    Also serves in American Sign Language (ASL).

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    (505) 243-6566

Every agency in Santa Fe County All counseling agencies in New Mexico

Help in Spanish near Eldorado at Santa Fe

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Eldorado at Santa Fe

HUD’s record names them for Eldorado at Santa Fe or Santa Fe County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of Santa Fe Public housing and Section 8 vouchers (505) 992-3051

2 other authorities have an office in Santa Fe County: see the list Source: HUD

Cities

Other cities in Santa Fe County

These cities are also in Santa Fe County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Santa Fe County Housing in New Mexico

Nearby cities

The cities closest to Eldorado at Santa Fe, with the typical home value.

Neighboring counties

If Santa Fe County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Eldorado at Santa Fe.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Eldorado at Santa Fe

Short answers with the numbers for Eldorado at Santa Fe and all of Santa Fe County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Eldorado at Santa Fe?

The typical home value in Eldorado at Santa Fe is $591,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Santa Fe County it is $446,300.

How much does it cost to rent in Eldorado at Santa Fe?

Typical rent in Eldorado at Santa Fe is $2,526 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Santa Fe County is $1,735.

What is the FHA loan limit in Eldorado at Santa Fe?

Eldorado at Santa Fe uses the FHA limit for all of Santa Fe County (2026): $569,250 for a one-unit home and $1,094,700 for a four-unit home.

How much property tax do owners pay in Eldorado at Santa Fe?

The typical homeowner in Eldorado at Santa Fe pays $2,870 a year, according to the U.S. Census Bureau. That is 0.48% of the home’s value; in Santa Fe County, the rate is 0.48%.

Where can I find free help to buy or rent in Eldorado at Santa Fe?

There is 1 HUD-approved counseling agency with an office in Santa Fe County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).