Statutory cap, exemptions, and notice rules under Santa Fe City Code § 14-8 (Affordable Housing Act, 2023)
Santa Fe enacted rent stabilization in 2023, limiting increases to 3% annually for covered units. No other New Mexico city has an active ordinance, though Albuquerque has debated it.
| Rule | Requirement | Source |
|---|---|---|
| Statewide cap | None | Santa Fe City Code § 14-8 (Affordable Housing Act, 2023) |
| 2025 maximum increase | No limit | — |
| Notice required | Typically 30–60 days written notice | State landlord-tenant law |
| Retaliation prohibited | Yes — increases cannot be retaliatory or discriminatory | Federal Fair Housing Act + state law |
Even where a cap applies, the following unit types are typically not covered:
If your unit is exempt, the landlord may raise rent to any market-rate amount with proper notice.
These New Mexico cities currently have or are actively developing rent stabilization ordinances. Caps and covered-unit definitions vary — check your city's municipal code or housing authority for the current allowable increase.
New Mexico has no statewide rent increase cap. Some cities and counties have local ordinances — check your specific municipality.
Yes — while New Mexico has no statewide cap, local governments are permitted to enact rent control ordinances, and some have.
In New Mexico, landlords must generally provide at least 30 days' written notice before increasing rent for month-to-month tenants. For covered units under Santa Fe City Code § 14-8 (Affordable Housing Act, 2023), any increase above the allowable cap requires proper written notice and may require additional disclosures.
In New Mexico, there is no statewide cap. The increase can be any amount as long as proper notice is given and the increase is not retaliatory or discriminatory.
Statutory data sourced from published New Mexico law (Santa Fe City Code § 14-8 (Affordable Housing Act, 2023)), BLS Consumer Price Index (2024–2025), and state agency publications. Census ACS 2023 5-Year Estimates for median rent. Last updated April 29, 2026. This page is informational only and does not constitute legal advice.