Cheap Apartments for Rent in Elephant Butte, NM from $600 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elephant Butte.

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Elephant Butte, NM Local Guide

Cheapest Available Elephant Butte Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elephant Butte, NM is a Studio unit found at Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood priced from $725. Mountain Springs Pointe in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Elephant Butte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Casitas at 805 N 17Th St.StudioStudio,1BA$725
Mountain Springs Pointe1 Bedroom1BR,1BA$750
Three Sisters Apts - Income RestrictionsOne Bedroom1BR,1BA$755
1655 S MainContemporary1BR,1BA$795
Sun Ridge Village1 Bedroom - Small1BR,1BA$800

Best Value Apartments for Rent in Elephant Butte, NM and Nearby

As of April 17, 2025 the best value apartment in the Elephant Butte area is the $0.87 price per square foot 2 bedroom 1.5 bath townhome - Colony Garden Model at Colony Mesa Apartments in the in the Downtown Las Cruces neighborhood starting from $1,025. The second greatest value Elephant Butte apartment is the 2 Bedroom Model at Alexis Apartments starting at $1,145 with a $1.12 price per square foot . Here is today’s list of the best values for Elephant Butte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony Mesa Apartments2 bedroom 1.5 bath townhome - Colony Garden2BR,1.5BA$0.87
Alexis Apartments2 Bedroom2BR,2BA$1.12
Pavilions At UniversityAggie2BR,2BA$1.21
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
700 California Ave2 Bedroom2BR,1BA$1.17
Verge at Las Cruces2BR/2BA2BR,2BA$0.88
Regency Pointe ApartmentsThe Ambassador1BR,1BA$1.13
Woodcrest Apartments1 Bedroom1BR,1BA$1.28
Sierra VerdeLa Sierra1BR,1BA$1.30
Three Sisters Apts - Income RestrictionsOne Bedroom1BR,1BA$1.30

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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

How much is rent for a Cheap One Bedroom Elephant Butte Apartment?

The lowest price for a Cheap One Bedroom Elephant Butte Apartment is $750 at Mountain Springs Pointe.

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 $875 at Colony Mesa Apartments.

What is the most affordable Elephant Butte Three Bedroom Apartment?

The best deal on a cheap Elephant Butte Three Bedroom Apartment rental is at Sierra Verde and starts from $1,075.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.