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

1517 S Avenue I

802 Matthew Ave

510 W 15th St

703 Ross St

401-401-401-402 16th St
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.

1018-1020 Pile St

Christa Lee Manor Apartments

Pueblo Chamisa

Saddlecreek Apartments

Mesa Verde - FREE Utilities

600 Ashland Ave

409 W 16th 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.

609 Hinkle St

1017 W 14th Ln

316 Wallace St

1200 Wallace St

517 E 7th St

522 S Ave E
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.

221 S Avenue J

709 1/2 Rencher St

1015 Gidding St

615 N Avenue Q

1114 N Elgin Ave
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.

416 W 6th St

900 E Danube St
Elida, NM Local Guide

How much does it cost to rent an apartment in Elida?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elida 1 Bedroom Apartments | $930 | $525 | $1,306 |
Elida 2 Bedroom Apartments | $1,250 | $600 | $2,240 |
Elida 3 Bedroom Apartments | $1,422 | $950 | $1,935 |
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 | $650 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Townsgate Apartments | 300 Townsgate | 2BR,1BA | $950 |
EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $987 |
Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1,129 |
Canyonstone Apartments | The Arrow Stone | 1BR,1BA | $1,140 |
Spring River Luxury Apartment Homes | A1 | 1BR,1BA | $1,291 |
Raintree Apartments | C1 | 2BR,2BA | $1,355 |
Best Value Apartments for Rent in Elida, NM and Nearby
As of September 11, 2025 the best value apartment in the Elida area is the $2.16 price per square foot Furnsihed Desert Stone Model at Canyonstone Apartments in the starting from $2,240. The second greatest value Elida apartment is the C1 Model at Raintree Apartments starting at $1,385 with a $1.41 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. |
---|---|---|---|
Canyonstone Apartments | Furnsihed Desert Stone | 2BR,2BA | $2.16 |
Raintree Apartments | C1 | 2BR,2BA | $1.41 |
Townsgate Apartments | 300 Townsgate | 2BR,1BA | $1.06 |
Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1.31 |
EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
Spring River Luxury Apartment Homes | A1 | 1BR,1BA | $2.01 |
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 | $2.02 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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.

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.

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.

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.