1406 S Avenue J
PortalesNM88130
Cheap Homes for Rent in Elida, NM from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Elida.
1103 N Boston Ave
PortalesNM88130
522 S Ave E
PortalesNM88130
1001 Pile St
ClovisNM88101
701 E 12th St
ClovisNM88101
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
416 W 6th St
PortalesNM88130
1105 Wallace St
ClovisNM88101
1234 N Abilene Ave
PortalesNM88130
704 S Abilene Ave
PortalesNM88130
108 Colorado Dr
PortalesNM88130
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.
105 E Plaza Dr
ClovisNM88101
Showing Results 1-11, Page 1 of 1
Elida, NM Local Guide
New Mexico grassy lands by Patrick Alexander is licensed under CCO 1.0
How much does it cost to rent a home in Elida?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elida 2 Bedroom Homes for Rent | $918 | $600 | $1,200 |
| Elida 3 Bedroom Homes for Rent | $1,328 | $900 | $2,000 |
| Elida 4 Bedroom Homes for Rent | $1,398 | $1,100 | $1,695 |
Browse Top Homes for Rent in Elida
Explore Elida
Elida, NM Local Guide
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Cheapest Available Elida Apartments for Rent and Nearby
The cheapest available apartment rental in Elida, NM is a 1 Bed unit found at Hotel Clovis Lofts priced from $463. Andalusia Aprtments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $463. Here is today’s list of the most affordable Elida apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hotel Clovis Lofts | 1 Bedroom | 1BR,1BA | $463 |
| Andalusia Aprtments | 1 Bedroom | 1BR,1BA | $463 |
| 1517 Cameo St | 1517 Cameo | 1BR,1BA | $475 |
| 1216 Dartmouth | 1220 Dartmouth | 1BR,1BA | $525 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
Best Value Apartments for Rent in Elida, NM and Nearby
As of June 09, 2026 the best value apartment in the Elida area is the $0.93 price per square foot Model C Model at Mesquite Village Apartments in the starting from $1,150. The second greatest value Elida apartment is the 3 Bedrooms Model at Hotel Clovis Lofts starting at $1,035 with a $1.04 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. |
|---|---|---|---|
| Mesquite Village Apartments | Model C | 4BR,2BA | $0.93 |
| Hotel Clovis Lofts | 3 Bedrooms | 3BR,2BA | $1.04 |
| Central Place | 2x2 | 2BR,2BA | $1.04 |
| Tierra Blanca | 22-60 | 2BR,2BA | $1.05 |
| Gidding Apartments | 3321 Gidding | 2BR,1BA | $1.11 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| Andalusia Aprtments | 2 Bedrooms | 2BR,1BA | $0.84 |
| 1216 Dartmouth | 1220 Dartmouth | 1BR,1BA | $0.66 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| 1517 Cameo St | 1517 Cameo | 1BR,1BA | $1.06 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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Explore Elida, NM Rentals by Map
See the most popular apartments and homes in Elida, NM
Frequently Asked Questions about Elida
What type of rentals are currently available in Elida?
There are currently 42 Apartments for Rent in Elida, NM with pricing that ranges from $377 to $3,433. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elida ranging from $575 to $2,000.
What is the current price range for Rental Homes in Elida?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elida ranges from $575 to $2,000 with an average monthly rent of $1,072.
How much are larger Three and Four Bedroom Rentals in Elida?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elida range from $508 to $3,433, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,150.
Expert Rental Resources
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.