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Agua Fria is a census-designated place (CDP) in Santa Fe County, New Mexico. It is part of the Santa Fe, New Mexico Metropolitan Statistical Area, and its population at the 2000 census was 2,051. The CDP has a total area of 2.0 square miles, of which, 2.0 square miles is land and 0.1 square miles of it (2.49%) is water.

The Agua Fria Village is designated as a Traditional Historic Community (THC) in accordance with the Agua Fria Zoning District Ordinance number 2007-2 adopted by the Santa Fe Board of County Commissioners on March 13, 2007. The Agua Fria Village Association (AFVA) and other residents have participated in the development of the Agua Fria Community Plan adopted in Resolution 2006-116 by the Santa Fe Board of County Commissioners on March 13, 2007, which better describes and documents the Village’s long history and unique present day character.