What's the average rent in Elephant Butte, NM?
Rental Market Trends in Elephant Butte, NM
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Elephant Butte, NM is $2,999 per month, which is 53% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,999
81.8%$1,349 increase month-over-month
66.6%$1,199 increase year-over-year
AVAILABLE RENTALS
1
APARTMENTS
HOUSES
TOWNHOUSES
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +64% compared to the previous year, which is a +$1,155 increase.
This year (2026)
Last year (2025)
Rent distribution
100% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $2,799 to $2,799.
