Cheap Houses for Rent in Elephant Butte, NM

1 rentals

  • Address Not Disclosed, Elephant Butte, NM 87935
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    APPLY INSTANTLY
    PET FRIENDLY
    FURNISHED
    $1,885/mo
    Total price
    3 Beds
    2 Baths
    2,400 sqft
    Address Not Disclosed,
    Elephant Butte, NM 87935

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    Elephant Butte
    Single Family Home
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Apartments For Rent Near Elephant Butte, NM

We found 7 more apartments matching your filters just outside Elephant Butte

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$1,975—$1,650
Houses—$1,650$1,975—$1,650
See more information about local market trends in Elephant Butte, NM

Frequently Asked Questions about Houses for rent 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. Rent prices range from $1,650 to as much as $1,885, depending on the type of house.
  • How does the rent of a house in Elephant Butte, NM compare to the national average?
    Average rent of a house in Elephant Butte, NM is about 14% lower than the national average rent of $1,910 for a house. That means it is less expensive to rent a house in Elephant Butte compared to the U.S. average.
  • What is the average rent of a house in Elephant Butte, NM, by number of bedrooms?
    The average rent of a house in Elephant Butte, NM is $ for a 1 bedroom, $1,650 for a 2 bedroom, $1,885 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices of a house in Elephant Butte, NM changed compared to last year?
    In the past year, the average rent price of a house in Elephant Butte, NM has increased by $1,650. That means the average rent of a house is 100% higher than last year.
  • How many houses are available to rent in Elephant Butte, NM?
    There are 2 available houses to rent 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.