
Cheap Homes for Rent in Elephant Butte, NM from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Elephant Butte.


1800 E Third Ave

9694 Luna Vista Rd

3650 Morningstar Dr

1201 Platinum St

16 Twin Sisters Crk Rd

246 Valle De Uvas

3389 Valverde Loop
Elephant Butte, NM Local Guide

How much does it cost to rent a home in Elephant Butte?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elephant Butte 2 Bedroom Homes for Rent | $1,380 | $900 | $1,695 |
Elephant Butte 3 Bedroom Homes for Rent | $1,741 | $1,200 | $2,600 |
Elephant Butte 4 Bedroom Homes for Rent | $2,048 | $1,300 | $2,500 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Casitas at 805 N 17Th St. | Studio | Studio,1BA | $725 |
Mountain Springs Pointe | 1 Bedroom | 1BR,1BA | $750 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $755 |
Best Value Apartments for Rent in Elephant Butte, NM and Nearby
As of April 16, 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 B1 Model at Casa Bandera starting at $1,295 with a $1.33 price per square foot . 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. |
---|---|---|---|
Colony Mesa Apartments | 2 bedroom 1.5 bath townhome - Colony Garden | 2BR,1.5BA | $0.87 |
Casa Bandera | B1 | 2BR,2BA | $1.33 |
The Pavilions at South Fork | The Venetian | 1BR,1BA | $1.30 |
700 California Ave | 2 Bedroom | 2BR,1BA | $1.17 |
Verge at Las Cruces | 2BR/2BA | 2BR,2BA | $0.88 |
Regency Pointe Apartments | The Ambassador | 1BR,1BA | $1.13 |
Woodcrest Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
Sierra Verde | La Sierra | 1BR,1BA | $1.30 |
OMNI-Centre Square | One Bedroom | 1BR,1BA | $1.38 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $1.30 |
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Frequently Asked Questions about Elephant Butte
What type of rentals are currently available in Elephant Butte?
There are currently 40 Apartments for Rent in Elephant Butte, NM with pricing that ranges from $640 to $2,850. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elephant Butte ranging from $900 to $2,600.
What is the current price range for Rental Homes in Elephant Butte?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elephant Butte ranges from $900 to $2,600 with an average monthly rent of $1,592.
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.

Know Your Rights - How Discrimination Laws Impact Landlords & 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.

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.

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.