
Cheap Homes for Rent in Elephant Butte, NM from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Elephant Butte.


2216 Stone Pine Dr

3385 Valverde Loop

5553 Gobi Ln
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.

4306 Levante Dr

978 Ivydale Dr

4945 Chesney Rd

112 Romero Dr
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.
Elephant Butte, NM Local Guide

How much does it cost to rent a home in Elephant Butte?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elephant Butte 2 Bedroom Homes for Rent | $1,560 | $1,295 | $2,000 |
| Elephant Butte 3 Bedroom Homes for Rent | $1,828 | $1,295 | $2,500 |
| Elephant Butte 4 Bedroom Homes for Rent | $2,115 | $1,595 | $2,500 |
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Elephant Butte, NM Local Guide
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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. E Idaho Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Elephant Butte apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mira Vista Villas Senior Living | One Bedroom/1 Bath | 1BR,1BA | $474 |
| E Idaho Ave | 1 bed | 1BR,1BA | $600 |
| Casitas at 805 N 17Th St. | Studio | Studio,1BA | $750 |
Best Value Apartments for Rent in Elephant Butte, NM and Nearby
As of October 26, 2025 the best value apartment in the Elephant Butte area is the $0.88 price per square foot 2bed 2bath Model at Nambe Ct in the starting from $1,350. The second greatest value Elephant Butte apartment is the The Catlina Model at The Pavilions at South Fork starting at $1,399 with a $1.27 price per square foot . Here is today’s list of the best values for Elephant Butte apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nambe Ct | 2bed 2bath | 2BR,2BA | $0.88 |
| The Pavilions at South Fork | The Catlina | 2BR,2BA | $1.27 |
| Alexis Apartments | 2 Bedroom Townhouse | 2BR,2.5BA | $1.16 |
| Wyndchase Apartments | 2bed 2bath | 2BR,2BA | $1.16 |
| 1206 Cuba Rd | 1 Bedroom | 1BR,1BA | $1.05 |
| 700 California Ave | 2 Bedroom | 2BR,1BA | $1.17 |
| Colony Mesa Apartments | 2 bedroom 2 bath - Colony Mesa | 2BR,2BA | $1.13 |
| Alta Tierra | 2 Bedrooms | 2BR,1BA | $1.14 |
| Woodcrest Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
| Mira Vista Villas Senior Living | One Bedroom/1 Bath | 1BR,1BA | $0.78 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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!
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Frequently Asked Questions about Elephant Butte
What type of rentals are currently available in Elephant Butte?
There are currently 52 Apartments for Rent in Elephant Butte, NM with pricing that ranges from $357 to $3,406. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elephant Butte ranging from $1,295 to $2,500.
What is the current price range for Rental Homes in Elephant Butte?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elephant Butte ranges from $1,295 to $2,500 with an average monthly rent of $1,834.
How much are larger Three and Four Bedroom Rentals in Elephant Butte?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elephant Butte range from $487 to $3,406, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $915.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.