Apartments For Rent in Elephant Butte, NM

1 rentals

Apartments For Rent Near Elephant Butte, NM

We found 25 more apartments matching your filters just outside Elephant Butte

What Locals Say about Elephant Butte

  • Paula D. F.
    "pit bulls are taboo. there is a great dog park in truth or Consequences. there is a great walking trail for dogs and their owners"

Average Rent Trends in Elephant Butte, NM

Rent in Elephant Butte, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jan 2025$1,800
Feb 2025$900
Jun 2025$1,600
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
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,650$1,885—$1,650
Houses—$1,650$1,885—$1,650

Frequently Asked Questions about Rentals in Elephant Butte, NM

  • What is the average rent of a house in Elephant Butte, NM?
    The average rent of a house in Elephant Butte, NM is $1,650 per month. This is about 14% lower than the national average.
  • When is the average rent cheapest in Elephant Butte, NM?
    In the last year, the average rent in Elephant Butte, NM was lowest in Feb 2025 when it was $900 per month.
  • When is the average rent most expensive in Elephant Butte, NM?
    In the last year, the average rent in Elephant Butte, NM was highest in Dec 2025 when it was $1,975 per month.
  • How many available rental listings are in Elephant Butte, NM?
    There are 2 available rental listings in Elephant Butte, NM.
  • What are some zip codes in Elephant Butte, NM?
    Elephant Butte, NM includes zip codes such as: 87935.
  • What are some cities near Elephant Butte, NM?
    Some nearby cities include: Truth or Consequences, Williamsburg, Monticello, Caballo, Winston. These cities may have more rental options to explore.