Agua Fria is a census-designated place in Santa Fe County, New Mexico, United States. It is part of the Santa Fe, New Mexico Metropolitan Statistical Area. The population was 2,800 at the 2010 census. Agua Fria Village is a "Traditional Historic Community" as designated by the Santa Fe Board of County Commissioners in 1995 and subsequent Santa Fe County Ordinance#1996-16, as allowed by State Statute.