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New Mexico Rent Increase Calculator 2025 Local Only

Statutory cap, exemptions, and notice rules under Santa Fe City Code § 14-8 (Affordable Housing Act, 2023)

No capNo statewide rent increase limit
1Cities with local ordinances
$951/mo Statewide median rent (ACS 2023)
4.4/10 Avg landlord risk score
New Mexico has no statewide rent cap — but some cities and counties have their own ordinances. If you live in one of the jurisdictions listed below, a local cap may apply. For all other New Mexico cities, landlords may raise rent by any amount with proper notice.

How Rent Increases Work in New Mexico

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.

Key Rules Summary

RuleRequirementSource
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

Units Exempt from the Cap

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.

Cities with Local Rent Control Ordinances

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.

Frequently Asked Questions

How much can a landlord raise rent in New Mexico in 2025?

New Mexico has no statewide rent increase cap. Some cities and counties have local ordinances — check your specific municipality.

Is rent control legal in New Mexico?

Yes — while New Mexico has no statewide cap, local governments are permitted to enact rent control ordinances, and some have.

How much notice must a landlord give before raising rent in New Mexico?

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.

Does the rent increase cap apply to my apartment in New Mexico?

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.

Related Guides for New Mexico Landlords

Rent Increase Laws in Other States

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.