Elephant Butte, NM rental market
Last updated August 7, 2025
Rental market summary
The average rent for all bedrooms and all property types in Elephant Butte, NM is $1,800.
$1,800
+$1,800
+$1,800
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,800 to $1,800.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 1 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $1,800 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Feb | $1,400 | $1,800 |
| Oct | $1,000 | $900 |
| Dec | $900 | $1,600 |
Market temperature
The Elephant Butte, NM rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Elephant Butte, NM is 14% lower than the national average.
$1,800
$2,100
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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 $1,800.
2. How much does it cost to rent a house in Elephant Butte, NM?
Houses in Elephant Butte, NM rent between $1,800 - $1,800 with an average rent of $1,800.
3. 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 $1,800
4. 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 $1,800
5. How many available rentals are there in Elephant Butte, NM?
There are currently 1 rentals available in Elephant Butte, NM.
6. How do rent prices in Elephant Butte, NM compare with the national average?
The average rent in Elephant Butte, NM is $1,800 — 14.29% lower the national average of $2,100.