Cheap Homes for Rent in Elida, NM from $400 (13 Rentals)

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Elida, NM Local Guide

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 ListingModel NameBed/BathPriced From
University SquareOne Bedroom1BR,1BA$650
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$700
Pueblo ChamisaLea - One Bedroom1BR,1BA$720
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$794

Best Value Apartments for Rent in Elida, NM and Nearby

As of April 07, 2025 the best value apartment in the Elida area is the $1.04 price per square foot 3 Bed, 2 Bath Model at Villas of Briar Ridge in the starting from $1,245. The second greatest value Elida apartment is the 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave starting at $1,000 with a $0.91 price per square foot . Here is today’s list of the best values for Elida apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas of Briar Ridge3 Bed, 2 Bath3BR,1.5BA$1.04
2100 Fred Daugherty Ave2100 Fred Daughtery B2BR,2BA$0.91
Raintree ApartmentsC12BR,2BA$1.32
Christa Lee Manor ApartmentsTwo Bedroom Large2BR,2BA$0.90
Gidding Apartments3401 Gidding2BR,1BA$1.06
Townsgate Apartments129 Townsgate2BR,1BA$1.06
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Pueblo ChamisaLea - One Bedroom1BR,1BA$1.19
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$1.37
University SquareOne Bedroom1BR,1BA$1.12

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Frequently Asked Questions about Elida

What type of rentals are currently available in Elida?

There are currently 49 Apartments for Rent in Elida, NM with pricing that ranges from $475 to $2,240. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elida ranging from $425 to $1,800.

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 $425 to $1,800 with an average monthly rent of $999.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.