Bedroom count
Property type
Last updated on August 3, 2026
Average rent in
Elephant Butte, NM
Average rent in
Last updated on August 3, 2026
Bedroom count
Property type
Median rent
Median rent in Elephant Butte
$2,000/mo
The average rent in Elephant Butte is $2,000 per month as of August 2026. This is 3% above the national average rent, or $60 more per month.
average price per square foot
Total rentals
Available rentals in Elephant Butte
2
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Elephant Butte rentals at each price point
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 trends in Elephant Butte, NM
Average rent prices in Elephant Butte have remained the same over the last month.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Elephant Butte, NM
Rent prices in Elephant Butte vary by bedroom size, rental type, and neighborhood. The average rent for a house in Elephant Butte is $2,050.
Listings | ||||
|---|---|---|---|---|
2 bedroom | $2,000 | No Change | No Change | |
4 bedroom | $2,050 | No Change | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Elephant Butte, NM.
Listings | ||||
|---|---|---|---|---|
Houses | $2,050 |  18% | - |
2 bedroom
Average rent
$2,000
4 bedroom
Average rent
$2,050
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Elephant Butte, NM.
Houses
Average rent
$2,050
Last 30 days
18%
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.
How does rent in Elephant Butte, NM compare to other cities?
Compare median rent prices in Elephant Butte and Alto by all bedroom counts and property types.
Elephant Butte
3%higher than the national median
5%lower than the national median
Takeaway
The median rent for all rentals in Elephant Butte, NM is 8% higher than the median rent in Alto, NM.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,850
41%$1,700
$1,025
1%$1,309
$3,500
82%$1,190
$2,000
62%$1,322
$1,850
461%$1,325
18%$1,000
3%$2,050
24%Discover rentals in Elephant Butte, NM
5d+ ago
House for rent in Elephant Butte
407 Hallmark St, Elephant Butte, NM 87935
4 beds
2 baths
$2,050
House for rent
Available Oct 1
1d ago
House for rent in Elephant Butte
206 Tierra Verde Cir #NA, Elephant Butte, NM 87935
3 beds
2.5 baths
$2,799
House for rent
Available Oct 1
1d ago
House for rent in Elephant Butte
206 Tierra Verde Cir #NA, Elephant Butte, NM 87935
3 beds
2.5 baths
$2,799
House for rent
Available Oct 1
1d ago
House for rent in Elephant Butte
206 Tierra Verde Cir #NA, Elephant Butte, NM 87935
3 beds
2.5 baths
$2,799
House for rent
Available Oct 1
5d+ ago
House for rent in Elephant Butte
407 Hallmark St, Elephant Butte, NM 87935
4 beds
2 baths
$2,050
House for rent
Available Oct 1
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Frequently asked questions for Elephant Butte, NM
Quick answers to common questions about the Elephant Butte rental market.
How much is rent in Elephant Butte?
The average rent in Elephant Butte is $2,000 per month as of August 1, 2026.
Is rent up or down in Elephant Butte?
Average rent prices in Elephant Butte have remained the same over the last month.
How does Elephant Butte rent compare to the national average?
Rent in Elephant Butte is 3% above the national average, which means renters are paying approximately $60 more per month.
What salary do I need to afford rent in Elephant Butte?
To comfortably afford rent in Elephant Butte, you'd need to earn approximately $80,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).