1402 S Avenue J
PortalesNM88130
Cheap Homes for Rent in Elida, NM from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Elida.
1103 N Boston Ave
PortalesNM88130
1404 S Avenue J
PortalesNM88130
616 Sheldon St
ClovisNM88101
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
522 S Ave E
PortalesNM88130
120 Navajo Rd
ClovisNM88101
1204 Gidding St
ClovisNM88101
618 S Abilene Ave
PortalesNM88130
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1105 Wallace St
ClovisNM88101
1001 Pile St
ClovisNM88101
506 E 1st St
PortalesNM88130
1707 W 17th Ln
PortalesNM88130
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
900 E Danube St
PortalesNM88130
Showing Results 1-13, Page 1 of 1
Elida, NM Local Guide
New Mexico grassy lands by Patrick Alexander is licensed under CCO 1.0
How much does it cost to rent a home in Elida?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elida 2 Bedroom Homes for Rent | $924 | $600 | $1,495 |
| Elida 3 Bedroom Homes for Rent | $1,360 | $725 | $1,575 |
| Elida 4 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Browse Top Homes for Rent in Elida
Explore Elida
Elida, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Elida Apartments for Rent and Nearby
The cheapest available apartment rental in Elida, NM is a 1 Bed unit found at University Square priced from $650. Sierra Vista Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Elida apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Square | One Bedroom | 1BR,1BA | $650 |
| Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $720 |
| Christa Lee Manor Apartments | F27 | 1BR,1BA | $870 |
Best Value Apartments for Rent in Elida, NM and Nearby
As of May 15, 2025 the best value apartment in the Elida area is the $0.91 price per square foot 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave in the starting from $1,000. The second greatest value Elida apartment is the 125 Townsgate E Model at Townsgate Apartments starting at $949 with a $1.05 price per square foot . Here is today’s list of the best values for Elida apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
| Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $1.05 |
| Gidding Apartments | 3321 Gidding | 2BR,1BA | $1.06 |
| Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1.60 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Christa Lee Manor Apartments | F27 | 1BR,1BA | $1.16 |
| Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.42 |
| University Square | One Bedroom | 1BR,1BA | $1.12 |
| Saddlecreek Apartments | Juniper | 1BR,1BA | $1.69 |
Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Frequently Asked Questions about Elida
What type of rentals are currently available in Elida?
There are currently 45 Apartments for Rent in Elida, NM with pricing that ranges from $495 to $2,498. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elida ranging from $500 to $1,695.
What is the current price range for Rental Homes in Elida?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elida ranges from $500 to $1,695 with an average monthly rent of $1,136.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.