Cheap Apartments for Rent in Elida, NM from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Elida.

113-1155 E 5th St

601-603 W 1st St

510 W 15th St
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.

703 Ross St

Christa Lee Manor Apartments

Pueblo Chamisa

Saddlecreek Apartments

506 E 1st St

1100 12th St

213 W 4th St

Mesa Verde - FREE Utilities
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.

611 W 5th St

209 Gidding St

519 1/2 Gidding St

1404 S Avenue J
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1001 Pile St

120 Navajo Rd

522 S Ave E

901 Sheldon St

523 W 14th St

615 N Avenue Q
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

816 Wright St

1204 N Edwards St
Elida, NM Local Guide

How much does it cost to rent an apartment in Elida?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elida Studio Apartments | $820 | $820 | $820 |
Elida 1 Bedroom Apartments | $882 | $495 | $1,291 |
Elida 2 Bedroom Apartments | $1,173 | $585 | $2,240 |
Elida 3 Bedroom Apartments | $1,334 | $725 | $2,049 |
Browse Top Apartments in Elida
See all Apartments in ElidaExplore Elida
Elida, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Elida Apartments for Rent and Nearby
 The cheapest available apartment rental in Elida, NM is a 1 Bed unit found at University Square priced from $650. Sierra Vista Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Elida apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Square | One Bedroom | 1BR,1BA | $650 |
Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $720 |
Saddlecreek Apartments | Cottonwood | 1BR,1BA | $720 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $949 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $950 |
EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $987 |
2100 Fred Daugherty Ave | Fred Daugherty L | 2BR,2BA | $1,000 |
Best Value Apartments for Rent in Elida, NM and Nearby
As of June 23, 2025 the best value apartment in the Elida area is the $0.91 price per square foot 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave in the starting from $1,000. The second greatest value Elida apartment is the 129 Townsgate Model at Townsgate Apartments starting at $950 with a $1.06 price per square foot . Here is today’s list of the best values for Elida apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
Townsgate Apartments | 129 Townsgate | 2BR,1BA | $1.06 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1.21 |
EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
Sierra Vista Village | 2B/1B | 1BR,1BA | $1.42 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
University Square | One Bedroom | 1BR,1BA | $1.12 |
Mirador Apartments | Efficiency | Studio ,1BA | $1.90 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elida, NM Rentals by Map
See the most popular apartments and homes in Elida, NM
Getting Around Elida, NM
Walk Score®
7 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 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 Elida Apartments
How much is rent for a Cheap One Bedroom Elida Apartment?
The lowest price for a Cheap One Bedroom Elida Apartment is $650 at University Square.
What is the lowest price for a Cheap Two Bedroom Elida Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elida is starting from $725 at University Square.
What is the most affordable Elida Three Bedroom Apartment?
The best deal on a cheap Elida Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.
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.