Cheap Apartments for Rent in Elephant Butte, NM
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Apartments For Rent Near Elephant Butte, NM
We found 14 more apartments matching your filters just outside Elephant Butte
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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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| 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 |
| Aug 2026 | $2,955 |
| Sep 2026 | $2,799 |
Average Rent By Bedroom and Home Type
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,100 | $2,799 | — | $1,100 |
| Houses | — | $1,100 | $2,799 | — | $1,100 |
Frequently Asked Questions about Rentals in Elephant Butte, NM
- What are the cheapest months to find an apartment to rent in Elephant Butte, NM?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $900 per month.
- How many cheap apartments are available in Elephant Butte, NM?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 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.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Elephant Butte, NM - 15 Rentas | Trulia