
Cheap Apartments for Rent in Elephant Butte, NM from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Elephant Butte.


Mountain Springs Pointe

Casitas at 805 N 17Th St.

Three Sisters Apts - Income Restrictions

Colony Mesa Apartments

Sun Ridge Village

OMNI-Centre Square

Santa Teresa Terrace

Regency Pointe Apartments

Telshor Terrace Apartments

Woodcrest Apartments

Country Crest Apartment Homes

Park Place

6345 N Dona Ana Rd
Elephant Butte, NM Local Guide

How much does it cost to rent an apartment in Elephant Butte?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elephant Butte Studio Apartments | $712 | $650 | $775 |
Elephant Butte 1 Bedroom Apartments | $1,169 | $700 | $2,050 |
Elephant Butte 2 Bedroom Apartments | $1,403 | $730 | $2,550 |
Elephant Butte 3 Bedroom Apartments | $1,646 | $620 | $3,000 |
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Elephant Butte, NM Local Guide
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Cheapest Available Elephant Butte Apartments for Rent and Nearby
 The cheapest available apartment rental in Elephant Butte, NM is a 1 Bed unit found at Mountain Springs Pointe in the Downtown Las Cruces neighborhood priced from $700. Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Elephant Butte apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mountain Springs Pointe | 1 Bedroom | 1BR,1BA | $700 |
Casitas at 805 N 17Th St. | Studio | Studio,1BA | $750 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $755 |
1655 S Main | Contemporary | 1BR,1BA | $795 |
Colony Mesa Apartments | 1 bedroom 1 bath - Colony Garden | 1BR,1BA | $835 |
Best Value Apartments for Rent in Elephant Butte, NM and Nearby
As of March 12, 2025 the best value apartment in the Elephant Butte area is the $1.06 price per square foot The Regency Model at Regency Pointe Apartments in the starting from $1,015. The second greatest value Elephant Butte apartment is the 2 Bedroom Model at 700 California Ave starting at $995 with a $1.17 price per square foot in the Downtown Las Cruces neighborhood. Here is today’s list of the best values for Elephant Butte apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Regency Pointe Apartments | The Regency | 2BR,2BA | $1.06 |
700 California Ave | 2 Bedroom | 2BR,1BA | $1.17 |
Verge at Las Cruces | 2BR/2BA | 2BR,2BA | $0.88 |
Woodlands Cabins | 2 bed | 2BR,1BA | $1.24 |
Colony Mesa Apartments | 1 bedroom 1 bath - Colony Garden | 1BR,1BA | $1.07 |
Santa Teresa Terrace | B1C | 2BR,1BA | $1.28 |
Woodcrest Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
Sierra Verde | La Sierra | 1BR,1BA | $1.30 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $1.30 |
Presidio Apartments | 1 Bedroom | 1BR,1BA | $1.27 |
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Getting Around Elephant Butte, NM
Walk Score®
9 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
21 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elephant Butte Apartments
What is the Cheapest Studio apartment in Elephant Butte?
Currently the most affordable Cheap Studio Apartment in Elephant Butte is at Casitas at 805 N 17Th St. listed at $750.
How much is rent for a Cheap One Bedroom Elephant Butte Apartment?
The lowest price for a Cheap One Bedroom Elephant Butte Apartment is $700 at Presidio Apartments.
What is the lowest price for a Cheap Two Bedroom Elephant Butte Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elephant Butte is starting from $903 at Three Sisters Apts - Income Restrictions.
What is the most affordable Elephant Butte Three Bedroom Apartment?
The best deal on a cheap Elephant Butte Three Bedroom Apartment rental is at Santa Teresa Terrace and starts from $854.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.