Housing & Real Estate — Elephant Butte, New Mexico

Overview

Total Housing Units1,566
Occupied948
Vacant618
Owner-Occupied815
Renter-Occupied133
Median Home Value (Census)$176,800
Estimated 2026~$203,000
Median Rent$1,169/mo
Median Property Tax$910/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened54.7%

Housing Age

Built 2010 or later150
Built 2000-2009357
Built 1990-1999547
Built before 196032
Median Year Built1992
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.