New Houses for Rent in Elephant Butte, NM

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

We found 6 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 for a house increased in Aug 2026 compared to the previous month. Rent for houses 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
Aug 2026$2,955
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,100$2,799—$1,100
Houses—$1,100$2,799—$1,100
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 $1,100 per month. This is about 44% lower than the national average.
  • When is the average rent for a house 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 for a house 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 does the rent of a 3 bedroom house compare to a 2 bedroom house in Elephant Butte, NM?
    The average rent of a 3 bedroom house in Elephant Butte, NM is $2,799 per month. That is about $1,699 more than the cost of a 2 bedroom house.
  • 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.
View this page in Spanish: Nuevas casas en renta en Elephant Butte, NM - 7 Rentas | Trulia