Cheap Apartments for Rent in 87935

1 rentals

  • 2 Carousel Pl, Elephant Butte, NM 87935
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    APPLY INSTANTLY
    FURNISHED
    $1,100/mo
    2 Beds
    2 Baths
    900 sqft
    2 Carousel Pl,
    Elephant Butte, NM 87935

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    87935
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Apartments For Rent Near 87935

We found 18 more apartments matching your filters just outside 87935

Average Rent Trends in 87935

Rent in 87935 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Aug 2025$1,800
Sep 2025$1,100
Nov 2025$1,200
Dec 2025$1,975
Jan 2026$1,600
Feb 2026$1,600
Mar 2026$1,600
Apr 2026$1,600
May 2026$1,650
Jun 2026$1,650
Jul 2026$1,650
Oct 2026$1,100
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,100——$1,100
Houses—$1,100——$1,100

Frequently Asked Questions about Rentals in 87935

  • What are the cheapest months to find an apartment to rent in 87935?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $900 per month.
  • How many cheap apartments are available in 87935?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $1,100.
  • When is the average rent most expensive in 87935?
    In the last year, the average rent in 87935 was highest in Dec 2025 when it was $1,975 per month.
  • What are some cities near 87935?
    Some nearby cities include: Elephant Butte, Truth or Consequences, Williamsburg, Monticello, Caballo, Winston. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 87935 - 19 Rentas | Trulia