Rocky ejecta craters (RECs) at the Interior Exploration using Seismic Investigations, Geodesy and Heat Transport (InSight) landing site on Elysium Planitia, Mars, provide constraints on crater modification and rates for the Hesperian and Amazonian. The RECs are between 10 m and 1.2 km in diameter and exhibit five classes of preservation. Class 1 represents pristine craters with sharp rims and abundant ejected rocks. From Classes 2 to 5, rims become more subdued, craters are infilled, and the ejecta become discontinuously distributed. High‐Resolution Imaging Science Experiment digital elevation models indicate a maximum depth to diameter ratio of ~0.15, which is lower than pristine models for craters of similar size. The low ratio is related to the presence of a loosely consolidated regolith and early‐stage eolian infill. Rim heights have an average height to diameter ratio of ~0.03 for the most pristine class. The size‐frequency distribution of RECs, plotted using cumulative and differential methods, indicates that crater classes within the diameter range of 200 m to 1.2 km are separated by ~100 to 200 Myr. Smaller craters degrade faster, with classes separated by <100 Myr. Rim erosion can be entirely modeled by nonlinear diffusional processes using the calculated timescales and a constant diffusivity of 8 × 10⁻⁷ m²/year for craters 200 to 500 m in diameter. Diffusion models only partly capture depth‐related degradation, which requires eolian infill. Depth degradation and rim erosion rates are 10⁻² to 10⁻³ m/Myr, respectively. The rates are consistent with relatively slow modification that is typical of the last two epochs of Martian history.