Cheap Apartments for Rent in Elephant Butte, NM from $300 (24 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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1206 Cuba Rd
1 Bedroom Apartments

1206 Cuba Rd

1206 Cuba RdSocorro, NM 87801

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 1 Bed unit found at Mira Vista Villas Senior Living in the Downtown Las Cruces neighborhood priced from $474. Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Elephant Butte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mira Vista Villas Senior LivingOne Bedroom/1 Bath1BR,1BA$474
Casitas at 805 N 17Th St.StudioStudio,1BA$750
Mountain Springs Pointe1 Bedroom1BR,1BA$750
Presidio Apartments2 Bedroom2BR,1BA$750
340 Las CrucesPeaceful courtyard1BR,1BA$765

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

As of November 30, 2025 the best value apartment in the Elephant Butte area is the $1.16 price per square foot 2 Bedroom Townhouse Model at Alexis Apartments in the starting from $1,275. The second greatest value Elephant Butte apartment is the Three Bedrooms Model at Vista Montana starting at $829 with a $0.81 price per square foot in the Downtown Las Cruces neighborhood. 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.
Alexis Apartments2 Bedroom Townhouse2BR,2.5BA$1.16
Vista MontanaThree Bedrooms3BR,2BA$0.81
Wyndchase Apartments2bed 2bath2BR,2BA$1.16
700 California Ave2 Bedroom2BR,1BA$1.17
Telshor Terrace Apartments2X12BR,1BA$1.24
Alta Tierra2 Bedrooms2BR,1BA$1.14
Presidio Apartments2 Bedroom2BR,1BA$1.00
Woodcrest Apartments1 Bedroom1BR,1BA$1.28
Nambe Ct1b-1bath1BR,1BA$1.18
Mira Vista Villas Senior LivingOne Bedroom/1 Bath1BR,1BA$0.78

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elephant Butte, NM Rentals by Map

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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

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

The lowest price for a Cheap One Bedroom Elephant Butte Apartment is $474 at Mira Vista Villas Senior Living.

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 $750 at Presidio Apartments.

What is the most affordable Elephant Butte Three Bedroom Apartment?

The best deal on a cheap Elephant Butte Three Bedroom Apartment rental is at Vista Montana and starts from $829.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.