Zip lookup · NM

87506
Santa Fe, New Mexico.

Santa Fe, Santa Fe County, NM · Santa Fe, NM metro · population 16,372

What it costs per month · 87506 $5,767/mo

to buy the typical home at today's mortgage rate — +$3,201 (+125%) since Jan 2020.

What the home itself did
1 year
Up $20,365 +2%
$1,078,398$1,098,763 since Sep 2025
5 years
Up $150,447 +16%
$948,317$1,098,763 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$2,000 $4,000 $6,000 2002 2006 2010 2014 2018 2022 2026 87506 $5,767 United States $1,922
$2,000 $4,000 $6,000 2002 2010 2018 2026
  • 87506$5,767
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 24 years.

Typical home values in zip 87506 rose 1.9% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Santa Fe, NM — measured over the city limits, which is a different area from this zip.

Asking rent $2,608 as of Sep 2026
Typical home value $1,098,763 as of Sep 2026
+1.9%year on year

Asking rent — 87506

Against the Santa Fe, NM metro and the national benchmark.

$2,000 $2,200 $2,400 $2,600 2026 87506 $2,608 Santa Fe $1,953 United States $1,932
$2,000 $2,200 $2,400 $2,600 2026
  • 87506$2,608
  • Santa Fe$1,953
  • United States$1,932

Typical home value — 87506

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $500,000 $750,000 $1,000,000 2018 2020 2022 2024 2026 87506 $1,098,763 Santa Fe $548,757 United States $366,157
$250,000 $500,000 $750,000 $1,000,000 2018 2022 2026
  • 87506$1,098,763
  • Santa Fe$548,757
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
9.5 87501 Santa Fe 16,007 $2,454 $732,038
12.3 87522 Chimayo 2,595 — $320,370
12.3 87567 Santa Cruz 2,003 — $344,596
13.3 87547 White Rock 5,837 — $591,521
13.4 87532 Espanola 18,948 — $350,277
14.8 87505 Santa Fe 32,092 $1,877 $562,269
16.0 87507 Santa Fe 51,386 $1,877 $454,005
19.8 87544 Los Alamos 13,598 $2,517 $574,819

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.