Bedroom count

Property type

Last updated on February 1, 2026

Average rent in
Elephant Butte, NM

Last updated on February 1, 2026

Last updated on February 1, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Elephant Butte, NM is $1,900. This is about the same as the national average.

$1.78

average price per square foot

Median rent

$1,900

decreased by31%
over the previous yearvs previous year

Total rentals

2

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Elephant Butte, NM is $1,900. This is about the same as the national average.

$1.78

average price per square foot

Rent ranges

50%
50%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000

Households

86%
14%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Elephant Butte, NM, in the last 30 days, rent estimates may not represent the actual market.

Rent price trends in
Elephant Butte, NM

Rent price trends

Rent prices for all bedroom counts and property types in Elephant Butte, NM have increased by 3% in the last month and have decreased by 31% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Elephant Butte, NM

The monthly rent for an apartment in Elephant Butte, NM is $950. A 1-bedroom apartment in Elephant Butte, NM costs about $950 on average. Houses for rent in Elephant Butte, NM are more expensive, with an average monthly cost of $1,900.

Comparables

1 bedroom

$950

-

-

2 bedroom

$1,900

No Change

-

1 bedroom

Average rent

$950

2 bedroom

Average rent

$1,900

The table above reflects average rent prices in Elephant Butte, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Elephant Butte, NM to other cities

Median rent prices in Elephant Butte, NM for all bedroom counts and property types compared to Alto, NM.

Elephant Butte

Median rent price$1,900

Equal to the the national median

Median rent price$2,200
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Elephant Butte, NM is 14% lower than the median rent in Alto, NM.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Alto

$2,200

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Moriarty

$1,800

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Ponderosa Pine

$1,250

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$1,995

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Sandia Knolls

$1,750

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San Elizario

$1,495

increased by30%

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Silver City

$1,500

increased by20%

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Socorro

$718

increased by32%

Last year

Truth Or Consequences

$1,425

increased by42%

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Apartments for rent in Elephant Butte