1515 Martha Dr
Las CrucesNM88001
Cheap Homes for Rent in Elephant Butte, NM from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Elephant Butte.
117 E Cambridge Dr
Las CrucesNM88001
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.
2028 Cottonwood Ln
Truth Or ConsequencesNM87901
2729 Ben Boldt Pl
Las CrucesNM88012
3650 Morningstar Dr
Las CrucesNM88011
3409 Valverde Loop
Las CrucesNM88012
601 King Edward Ave
Las CrucesNM88007
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1305 Lyles Rd
Las CrucesNM88007
112 Romero Dr
Las CrucesNM88007
1017 Galvan Dr
Las CrucesNM88005
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Elephant Butte, NM Local Guide
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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 | $1,713 | $1,275 | $2,200 |
| Elephant Butte 3 Bedroom Homes for Rent | $1,942 | $1,175 | $3,800 |
| Elephant Butte 4 Bedroom Homes for Rent | $2,199 | $1,795 | $2,800 |
| Elephant Butte 5 Bedroom Homes for Rent | $2,233 | $2,200 | $2,300 |
Browse Top Homes for Rent in Elephant Butte
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Casitas at 805 N 17Th St. | Studio | Studio,1BA | $725 |
| Mountain Springs Pointe | 1 Bedroom | 1BR,1BA | $750 |
| Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $755 |
Best Value Apartments for Rent in Elephant Butte, NM and Nearby
As of July 23, 2025 the best value apartment in the Elephant Butte area is the $0.92 price per square foot 3 Bed, 2 Bath (50% Income Restricted) Model at Santa Teresa Terrace in the in the Valley Creek South neighborhood starting from $993. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Santa Teresa Terrace | 3 Bed, 2 Bath (50% Income Restricted) | 3BR,2BA | $0.92 |
| Alexis Apartments | 2 Bedroom | 2BR,2BA | $1.26 |
| 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 |
| Verge at Las Cruces | 2BR/2BA | 2BR,2BA | $0.88 |
| Woodcrest Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
| Telshor Terrace Apartments | 1X1 | 1BR,1BA | $1.35 |
| OMNI-Centre Square | One Bedroom | 1BR,1BA | $1.38 |
| Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $1.30 |
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Frequently Asked Questions about Elephant Butte
What type of rentals are currently available in Elephant Butte?
There are currently 42 Apartments for Rent in Elephant Butte, NM with pricing that ranges from $650 to $2,750. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elephant Butte ranging from $1,175 to $3,800.
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 $1,175 to $3,800 with an average monthly rent of $1,932.
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.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.