Elephant Butte, NM rental market
What is the average rent in Elephant Butte, NM?
Last updated November 15, 2025
Rental market summary
The average rent for all bedrooms and all property types in Elephant Butte, NM is $1,975.
$1,975
+$1,975
+$1,075
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,975 to $1,975.
| Rent price | Number of rental properties |
|---|---|
| $1,900+ | 1 |
Average rent price over time
In the last year, rent has increased by $1,075 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Feb | $1,400 | $1,800 |
| Oct | $1,000 | $900 |
| Dec | $900 | $1,600 |
Compare average rent in markets
Rent in Elephant Butte, NM is 1% lower than the national average.
$1,975
$2,000
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Frequently asked questions
1. What is the average rent in Elephant Butte, NM?
The average rent in Elephant Butte, NM is $1,975.
2. What is the average rent for a three-bedroom apartment in Elephant Butte, NM?
The average rent for a three-bedroom apartment in Elephant Butte, NM is $1,975 per month.
3. How much does it cost to rent a house in Elephant Butte, NM?
Houses in Elephant Butte, NM rent between $1,975 - $1,975 with an average rent of $1,975.
4. How has the rent in Elephant Butte, NM changed in the last year?
In the last year, the rent in Elephant Butte, NM increased by $1,075
5. How much has the rent in Elephant Butte, NM increased/decreased in the last month?
In the last month, the rent in Elephant Butte, NM increased by $1,975
6. How many available rentals are there in Elephant Butte, NM?
There are currently 1 rentals available in Elephant Butte, NM.
7. How do rent prices in Elephant Butte, NM compare with the national average?
The average rent in Elephant Butte, NM is $1,975 — 1.25% lower the national average of $2,000.