Home · STR Regulations · Santa Fe, NM
Verified Aug 16, 2026 · Primary Sources Cited

Santa Fe, NM Short-Term Rental Regulations

Current permit-cap status, minimum-stay requirements, owner-occupancy rules, and jurisdiction breakdown for short-term rentals in Santa Fe. Every field is cited to a primary source below. Always verify the specific parcel with the operating jurisdiction before writing an offer.

Santa Fe, NM regulatory profile

Last material change: Ordinance 2020-35 compilation is the current codified version; core cap and 7-day rule structure predates 2020 with periodic amendments.
Restricted
Summary

Santa Fe caps residential STR permits at 350 citywide, requires 7-day gap between rentals (Nov 15-Jan 15 excepted), and limits units to 17 rental periods per calendar year.

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Notes for investors

Two hard constraints for underwriting: (1) the 350-permit citywide cap on residential STRs - buy an existing permit-holder or join the waiting list; permits do not transfer automatically. (2) SFCC 14-6.2(A)(6) 7-day rule limits units to one rental per 7-day window in residential zones (waived Nov 15 - Jan 15 for ski/holiday demand), and units are capped at 17 rental periods per calendar year. This effectively limits gross rev vs. unregulated markets. Verify permit status through the STR Office (505-955-6687) before offer.

Permit required
Yes
Permit cap in place
Yes
Land Use Director authorized to issue up to 350 STR permits for residential units citywide (SFCC 14-6.2). Waiting list applies once cap is hit. Permits subject to proximity/separation standards.
Minimum stay
No minimum specified
Owner-occupancy required
No
Primary residence only
No
Operator on site required
No

Operating jurisdictions · primary sources

City of Santa Fe
Incorporated City of Santa Fe
https://santafenm.gov/land-use/short-term-rentals
Santa Fe STR Administrative Procedures
SFCC 14-6.2 implementation - application, cap, renewal rules
https://santafenm.gov/document_center/document/4015
Santa Fe Lodgers Tax FAQ
Lodgers tax collection on STR revenue
https://santafenm.gov/FAQs_Lodging_Tax.pdf
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Verified as of 2026-08-16DepreciMax targets quarterly re-verification

Frequently asked questions · Santa Fe STR regulations

Are short-term rentals legal in Santa Fe, NM?

Short-term rentals in Santa Fe are classified as restricted as of 2026-08-16. Santa Fe caps residential STR permits at 350 citywide, requires 7-day gap between rentals (Nov 15-Jan 15 excepted), and limits units to 17 rental periods per calendar year.

Is there a short-term rental permit cap in Santa Fe?

Yes. Land Use Director authorized to issue up to 350 STR permits for residential units citywide (SFCC 14-6.2). Waiting list applies once cap is hit. Permits subject to proximity/separation standards.

What is the minimum-stay requirement for short-term rentals in Santa Fe?

The primary source does not specify a minimum stay for short-term rentals.

Does Santa Fe require owner-occupancy for short-term rental permits?

Santa Fe does not require owner-occupancy for short-term rental operators as of 2026-08-16. Verify the specific parcel with the operating jurisdiction before offering, as owner-occupancy rules interact with zoning overlays.

How can I check if a specific property in Santa Fe qualifies for short-term rental use?

Contact the operating jurisdiction directly using the primary-source links published on this page. Zoning, HOA restrictions, and pending regulatory changes are parcel-specific and can override the citywide profile above. DepreciMax's $99 property report separately sizes the Year-1 §168(k) bonus depreciation deduction for a specific address, once regulatory clearance is confirmed.

How do I estimate the Year-1 bonus depreciation on a specific Santa Fe property?

Once you've verified the regulatory profile of a listing you're considering, run a $99 DepreciMax property report to size the actual Year-1 §168(k) bonus depreciation deduction. The report analyzes the listing photos to classify finishes as 5-year personal property, 15-year land improvements, or 39-year structural — producing a line-item estimate closely calibrated to a formal cost seg study.

Where do I check other STR markets?

Use the DepreciMax STR Regulations Database for the full top-50 market fleet — every market cited to a primary jurisdiction source, updated quarterly.

Not legal or tax advice. Short-term rental regulations change frequently and vary by parcel, zone, and HOA. The information on this page is a summary of publicly available primary sources as of 2026-08-16. Before acting — buying, listing, or operating a short-term rental in Santa Fe — verify current rules with the operating jurisdiction and consult a local attorney and CPA.