Cheap Apartments for Rent in Elephant Butte, NM from $300 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elephant Butte.

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Showing Results 1-19, Page 1 of 1

Elephant Butte, NM Local Guide

Cheapest Available Elephant Butte Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elephant Butte, NM is a Studio unit found at Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood priced from $725. Mountain Springs Pointe in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Elephant Butte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Casitas at 805 N 17Th St.StudioStudio,1BA$725
Mountain Springs Pointe1 Bedroom1BR,1BA$750
1655 S MainContemporary1BR,1BA$795
OMNI-Centre SquareOne Bedroom1BR,1BA$825
Colony Mesa Apartments1 bedroom 1 bath - Colony Garden1BR,1BA$835

Best Value Apartments for Rent in Elephant Butte, NM and Nearby

As of August 19, 2025 the best value apartment in the Elephant Butte area is the $1.39 price per square foot C2 Model at Casas De Soledad in the starting from $1,510. The second greatest value Elephant Butte apartment is the 2 Bedroom Model at Alexis Apartments starting at $1,295 with a $1.26 price per square foot . Here is today’s list of the best values for Elephant Butte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Casas De SoledadC22BR,2BA$1.39
Alexis Apartments2 Bedroom2BR,2BA$1.26
Wyndchase Apartments2bed 2bath2BR,2BA$1.16
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
700 California Ave2 Bedroom2BR,1BA$1.17
Verge at Las Cruces2BR/2BA2BR,2BA$0.88
Colony Mesa Apartments1 bedroom 1 bath - Colony Garden1BR,1BA$1.07
Woodcrest Apartments1 Bedroom1BR,1BA$1.28
Sierra VerdeLa Sierra1BR,1BA$1.30
OMNI-Centre SquareOne Bedroom1BR,1BA$1.38

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Remember the 3 Rules of Real Estate:
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Getting Around Elephant Butte, NM

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Elephant Butte Apartments

What is the Cheapest Studio apartment in Elephant Butte?

Currently the most affordable Cheap Studio Apartment in Elephant Butte is at Casitas at 805 N 17Th St. listed at $725.

How much is rent for a Cheap One Bedroom Elephant Butte Apartment?

The lowest price for a Cheap One Bedroom Elephant Butte Apartment is $750 at Mountain Springs Pointe.

What is the lowest price for a Cheap Two Bedroom Elephant Butte Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elephant Butte is starting from $935 at OMNI-Centre Square.

What is the most affordable Elephant Butte Three Bedroom Apartment?

The best deal on a cheap Elephant Butte Three Bedroom Apartment rental is at Colony Mesa Apartments and starts from $1,125.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.