A person playing with a dog in a shallow body of water with mountains in the background.

Find hotels in Caballo, NM from £46

  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Save instantly and earn perks with One Key
    Learn about One Key
  • Be picky

    Search almost a million properties worldwide

Check prices for these dates

Tonight
11 Oct - 12 Oct
Tomorrow
12 Oct - 13 Oct
Next weekend
16 Oct - 18 Oct
In two weeks
23 Oct - 25 Oct

Filter by

Star rating

Guest rating

Our top choices for Caballo hotels

1. Travelodge by Wyndham Truth or Consequences

Travelodge by Wyndham Truth or Consequences
Truth or Consequences
United States
Linda
£65
includes taxes & fees
9 Nov - 10 Nov
Travelodge by Wyndham Truth or Consequences

2. Holiday Inn Express Hotel & Suites Truth or Consequences by IHG

Holiday Inn Express Hotel & Suites Truth or Consequences by IHG
Truth or Consequences
United States
Heather
£110
includes taxes & fees
9 Nov - 10 Nov
Holiday Inn Express Hotel & Suites Truth or Consequences by IHG

3. Dam Site Casitas

Dam Site Casitas
Truth or Consequences
United States
Katherine
£77
includes taxes & fees
19 Oct - 20 Oct
Dam Site Casitas

4. Pelican Spa

Pelican Spa
Truth or Consequences
United States
Tiffany
£69
includes taxes & fees
13 Oct - 14 Oct
Pelican Spa

5. Comfort Inn & Suites I-25 near Spaceport America

Comfort Inn & Suites I-25 near Spaceport America
Truth or Consequences
United States
Rhonda
£94
includes taxes & fees
9 Nov - 10 Nov
Comfort Inn & Suites I-25 near Spaceport America

6. Motel 6 Truth Or Consequences, NM

Motel 6 Truth Or Consequences, NM
Truth or Consequences
United States
Jack
£46
includes taxes & fees
1 Nov - 2 Nov
Motel 6 Truth Or Consequences, NM

7. Sierra Grande, A Ted Turner Retreat

Sierra Grande, A Ted Turner Retreat
Truth or Consequences
United States
Adriana
£145
includes taxes & fees
19 Oct - 20 Oct
Sierra Grande, A Ted Turner Retreat

8. Dam Site Lodge

Dam Site Lodge
Truth or Consequences
United States
Malea
£59
includes taxes & fees
14 Oct - 15 Oct
Dam Site Lodge

9. Hoosier Hot Springs & Inn

Hoosier Hot Springs & Inn
Truth or Consequences
United States
Marina
£125
includes taxes & fees
13 Oct - 14 Oct
Hoosier Hot Springs & Inn

10. Charles Hotsprings

Charles Hotsprings
Truth or Consequences
United States
John
£82
includes taxes & fees
14 Oct - 15 Oct
Charles Hotsprings
View all properties
Save an average of 15% on thousands of hotels when you're signed in

Learn more about Caballo

Nestled along Elephant Butte Lake, this small town offers excellent fishing and boating opportunities for water enthusiasts. Hikers can explore nearby trails with sweeping desert views or visit the historic Caballo Dam for a glimpse into local engineering history.

See all hotels in Caballo
A person playing with a dog in a shallow body of water with mountains in the background.

Top Caballo Hotel Reviews

Holiday Inn Express Hotel & Suites Truth or Consequences by IHG

Holiday Inn Express Hotel & Suites Truth or Consequences by IHG

10/10 Excellent
"Breakfast was mediocre. But the room was excellent with actual good bathroom mirror lighting"
Terry 1-night trip
Posted 2 hours ago
Holiday Inn Express Hotel & Suites Truth or Consequences by IHG
Pelican Spa

Pelican Spa

10/10 Excellent
"Laid back atmosphere very chill great place to relax, hot springs and brewery all in walking distance."
Francisco 1-night trip
Posted 9 hours ago
Pelican Spa
Beach Front Home, King Bed, Million Dollar Deckview, and Steps to the Beach

Beach Front Home, King Bed, Million Dollar Deckview, and Steps to the Beach

10/10 Excellent
"This is the best house! Teri, the owner, was quick to respond to messages. The house was clean, well stocked and it’s decorated so cute. The king size bed was super comfortable. The view from the deck is amazing, it’s so quiet and peaceful. We really enjoyed our stay!"
Donna R. 7-night trip
Posted 1 day ago
Beach Front Home, King Bed, Million Dollar Deckview, and Steps to the Beach
Dam Site Casitas

Dam Site Casitas

8/10 Good
"I traveled to stay here the first weekend of October 2026. The best parts were the comfortable bed, pillows, and soft sheets. I appreciated the desert colors in the cabin. And the soaps in the bathroom smelled so lovely — I'd love to know where they get them! Small details like these were greatly appreciated after a long drive. If you're especially tall or large, the shower might be too small for you. I didn't know where the reception area was, if there is one, to ask questions. The downside to being the first cabin, though, is that you can hear every car passing by on its way to the other units. For some reason, the cost of the cabin changed from the first night to the second. I'm not sure why, and again, I didn't know where reception was to ask, and they don't seem to answer the listed phone number. Overall, I enjoyed our mostly peaceful stay in the quaint Cabin 1."
Chris 1-night trip
Posted 6 days ago
Dam Site Casitas
Hoosier Hot Springs & Inn

Hoosier Hot Springs & Inn

10/10 Excellent
"Great space! Recently renovated; all custom woodwork & countertops. Clearly renovated with care and attention to detail. Shane was super helpful as we checked in. Soaking tubs in the Hotel’s on-site hot springs were very relaxing."
Anthony 2-night trip
Posted 6 days ago
Hoosier Hot Springs & Inn
Dam Site Lodge

Dam Site Lodge

8/10 Good
"It's an older but well-maintained property, with ambiance a bit like an older hunting lodge - though the torrential rains did cause some building issues for them. There's communication issues between them and Expedia; check-in is expected by 4 pm, otherwise have to call directly - and the listed "minifridge" and "microwave" amenities are actually in a common kitchen area. A bit awkward, but the staff is quite accommodating. If you admire cactus and native flowering plants, the grounds are wonderful viewing. And of course, the prime location near the dam, boat ramps, etc."
bruce 1-night trip
Posted 11 days ago
Dam Site Lodge
New Mexico Cottage: Private Yard & Hot Tub

New Mexico Cottage: Private Yard & Hot Tub

10/10 Excellent
"Wonderful location. Beautiful Home, we loved our time in Truth or Consequences"
Terry R. 2-night trip
Posted 3 weeks ago
New Mexico Cottage: Private Yard & Hot Tub
TURTLEBACK OASIS! Mins to Lake, Hot Springs & Golf

TURTLEBACK OASIS! Mins to Lake, Hot Springs & Golf

10/10 Excellent
"This was our second time staying in the house as we stayed there last year. Brandon is an outstanding host and the house was just as we remember it."
Mitch M. 3-night trip
Posted 1 month ago
TURTLEBACK OASIS! Mins to Lake, Hot Springs & Golf
Paula's Place Near The Lake

Paula's Place Near The Lake

8/10 Good
"We were very satisfied with the distance from the lake. We also love that we were able to take the dogs with us. The interior was very lovely, and the exterior was nice. No stickers and dead grass. Overall, great experience."
Richard G. 2-night trip
Posted 3 months ago
Paula's Place Near The Lake

More cheap stays in Caballo

Motel 6 Truth Or Consequences, NM

Motel 6 Truth Or Consequences, NM

2151 N Date St Truth or Consequences NM
£46
1 Nov - 2 Nov
includes taxes & fees
6.4/10 (1,002 reviews)
Motel 6 Truth Or Consequences, NM
Travelodge by Wyndham Truth or Consequences

Travelodge by Wyndham Truth or Consequences

2270 N Date Street Truth or Consequences NM
£65
9 Nov - 10 Nov
includes taxes & fees
Travelodge by Wyndham Truth or Consequences
Pelican Spa

Pelican Spa

306 S Pershing St Truth or Consequences NM
£69
13 Oct - 14 Oct
includes taxes & fees
8/10 Very good! (847 reviews)
Pelican Spa
Comfort Inn & Suites I-25 near Spaceport America

Comfort Inn & Suites I-25 near Spaceport America

2205 N Date St Truth or Consequences NM
£94
9 Nov - 10 Nov
includes taxes & fees
Comfort Inn & Suites I-25 near Spaceport America
Holiday Inn Express Hotel & Suites Truth or Consequences by IHG

Holiday Inn Express Hotel & Suites Truth or Consequences by IHG

2201 F.G. Amin Street Truth or Consequences NM
£110
9 Nov - 10 Nov
includes taxes & fees
8.6/10 Excellent! (1,001 reviews)
Holiday Inn Express Hotel & Suites Truth or Consequences by IHG
Hoosier Hot Springs & Inn

Hoosier Hot Springs & Inn

516 Austin St Truth or Consequences NM
£125
13 Oct - 14 Oct
includes taxes & fees
10/10 Exceptional! (59 reviews)
Hoosier Hot Springs & Inn

Frequently asked questions

What is the best area to stay in Caballo?
The best area to stay in Caballo is near the Caballo Lake State Park entrance, particularly along New Mexico State Road 187, for its convenient access to outdoor activities.This area is the primary hub for visitors to Caballo, offering direct access to the lake and its recreational opportunities. You'll find a few accommodation options, often including RV parks and some cabins, just off the main road leading into the park. The general layout is spread out, with properties typically having good views of the lake or surrounding hills.For couples or solo travellers looking for a peaceful escape and outdoor adventures, staying near the state park is ideal. You'll be moments away from boating, fishing, and hiking trails within Caballo Lake State Park, allowing for easy and spontaneous exploration of the natural surroundings.Families with children will also find this area highly suitable. The proximity to the lake means convenient access to swimming areas and picnic spots, making it simple to plan days filled with outdoor fun without extensive travel.
When is the best time to go to Caballo?
The best time to visit Caballo, New Mexico, is during the spring (March to May) and autumn (September to November) months.These seasons offer pleasant temperatures, generally ranging from 15°C to 25°C, which are ideal for outdoor activities without the intense heat of summer or the cooler temperatures of winter. The skies are typically clear, superb for enjoying the natural landscapes around Caballo Lake.For those interested in fishing, particularly for walleye and bass, spring is often considered prime time as the fish are more active closer to the surface. Birdwatchers will also find spring and autumn rewarding, as migratory birds pass through the area.
Can I cancel my hotel reservation on Expedia?
You can cancel your hotel reservation on Expedia, though it depends on the cancellation policy of your booking. Most bookings are refundable if canceled within 24-48 hours of the scheduled arrival. Be sure to check your booking confirmation for the exact cancellation policy. If free cancellation is available, you can cancel directly through your Expedia account by logging in, going to "My Trips", and selecting your reservation. To find flexible deals, filter your search by "Fully refundable property" for hotels in Caballo.
How much is the nightly rate at a Caballo hotel?
Prices for hotels in Caballo often vary, but you can find a great deal from £46 on Expedia. All sorts of factors affect price, such as the time of year or the days of the week you choose for your stay. Find the best deals by being flexible with your dates, and sort search results by "Price: low to high" for the cheapest rate.

Explore a world of travel with Expedia