Rent to own Homes in Elida, NM

Elida, NM is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Elida, NM. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Elida, NM rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 38 of 38
New
248 NM HIGHWAY 267
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
1844 ft2
1979
163 YUCCA DR
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
2
2
1667 ft2
1973
309 W 21ST ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
1909 ft2
1995
1 of 3 609 E 17TH ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
3
2842 ft2
1993
321 S ROOSEVELT ROAD R
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
0 ft2
2021
567 NM HIGHWAY 88
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
1344 ft2
1 of 10 716 Redwine Quincy
Rent To Own
 
Multifamily (2 - 4 Units)
Portales, NM 88130
3
1
1050 ft2
1986
42927 Us Highway 70
Rent To Own
 
Single Family Home
Portales, NM 88130
2
1
1244 ft2
New
366 NM HIGHWAY 267
Auction
 
Single Family Home
Portales, NM 88130
3
2
2223 ft2
1947
1802 W UNIVERSITY DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
3
2
1376 ft2
2009
1800 W UNIVERSITY DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
4
2
1660 ft2
2009
1914 NM HIGHWAY 236
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
2
1
1140 ft2
1968
1 of 18 417 MONTICELLO PARKWAY DR
Auction
 
Single Family Home
Portales, NM 88130
1
1
1178 ft2
1988
1100 S MAIN AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
3
3
2148 ft2
2010
7776 NM HIGHWAY 206
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
2668 ft2
1999
New
8051 NM HIGHWAY 206
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
1600 ft2
2006
2001 W BEECH ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
1746 ft2
2004
Hot
124 YUCCA DR
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
2399 ft2
New
1 of 28 1611 S ABILENE AVE
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
2
1540 ft2
New
1 of 17 1504 S GLOBE AVE
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
3593 ft2
1954
1228 E 3RD ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
1281 ft2
1991
New
311 N LAREDO AVE
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
1
1336 ft2
1982
550 S ROOSEVELT RD N #1/2
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
528 ft2
1997
1 of 4 504 BAKER ST
Auction
 
Single Family Home
Portales, NM 88130
0
0
1985 ft2
1987
2016 W CHERRY ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
2304 ft2
1994
1664 NM HIGHWAY 88
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
3145 ft2
1993
923 W 17TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
1197 ft2
1989
New
816 W 19TH ST
Auction
 
Single Family Home
Portales, NM 88130
0
0
1502 ft2
723 N AVENUE M
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Portales, NM 88130
0
0
1792 ft2
1983
724 W 14TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
2
1725 ft2
1982
1914 S MAIN PL
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
2007 ft2
1972
1721 S ABILENE AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
1372 ft2
1974
217 N BOULDER AVE
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Portales, NM 88130
0
0
800 ft2
1981
804 S DALLAS AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
1012 ft2
1119 GEMINI DR
REO Foreclosure
 
Single Family Home
Portales, NM 88130
0
0
1700 ft2
1992
1021 E 1ST ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
1804 ft2
120 N INDIO AVE
REO Foreclosure
 
Single Family Home
Portales, NM 88130
0
0
1174 ft2
1978
1780 S ROOSEVELT ROAD 2 LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
0
0
1050 ft2
1984
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Buying a Home in Elida, NM

Elida, NM is seeing rapid growth and Elida, NM's' housing market remains optimal with an average home price that is -78% below the 2024 national average. Elida, NM is part of Roosevelt county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Roosevelt is 0.42% which is below the national average, which is 0.99%.

Median Home Price in Elida, NM

Median Rent in Elida, NM

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.