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Cheap Apartments for Rent in Ruidoso Downs, NM from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Ruidoso Downs.
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$422 - $1,2481 to 3 Bedroom Apartments Available Now
Roselawn Manor
800 S Roselawn AveArtesia, NM 88210
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$550 - $1,300Studio to 3 Bedroom Apartments Available Now
311 Mechem Dr
311 Mechem DrRuidoso, NM 88345
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$568 - $7982 Bedroom Apartments Contact Us For Availability
Los Arcos and Starlight Court
200 Moonglow AveAlamogordo, NM 88310
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$568 - $7001 Bedroom Apartments Contact Us For Availability
Mira Vista Villas Senior Living
2141 N Solano DrLas Cruces, NM 88001
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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$705 - $7901 to 2 Bedroom Apartments Contact Us For Availability
Christa Lee Manor Apartments
111 E 22nd StRoswell, NM 88201
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$720 - $1,3001 to 3 Bedroom Apartments Contact Us For Availability
Pueblo Chamisa
1800 S Pennsylvania AveRoswell, NM 88203
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$730 - $8442 to 3 Bedroom Apartments Contact Us For Availability
Los Altos Apartments
2301 El Camino RealLas Cruces, NM 88007
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$773 - $1,0731 to 3 Bedroom Apartments Available Now
Mesa Verde - FREE Utilities
502 S Wyoming AveRoswell, NM 88203
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$826 - $2,7532 to 5 Bedroom Apartments Available Now
Villas of Briar Ridge
1 Briarwood PlRoswell, NM 88201
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$900Studio to 2 Bedroom Apartments Available Nov 10
Saddlecreek Apartments
1901 S Sunset AveRoswell, NM 88203
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$987 - $1,1771 to 2 Bedroom Apartments Available Now
EMLI Artesia: Income Qualify Today
1902 W Richey AveArtesia, NM 88210
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1306 Michigan Ave
AlamogordoNM88310
711 Main Rd
RuidosoNM88345
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1109 Filipino Ave
AlamogordoNM88310
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Showing Results 1-23, Page 1 of 1
Ruidoso Downs, NM Local Guide
Horse racing at Ruidoso Downs by Bill Hirshfeld is licensed under CCO 1.0
How much does it cost to rent an apartment in Ruidoso Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ruidoso Downs Studio Apartments | $750 | $700 | $850 |
| Ruidoso Downs 1 Bedroom Apartments | $1,163 | $548 | $1,950 |
| Ruidoso Downs 2 Bedroom Apartments | $1,522 | $500 | $2,550 |
| Ruidoso Downs 3 Bedroom Apartments | $1,787 | $574 | $3,000 |
Browse Top Apartments in Ruidoso Downs
See all Apartments in Ruidoso DownsExplore Ruidoso Downs
Ruidoso Downs, NM Local Guide
- Nearby Cities
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Cheapest Available Ruidoso Downs Apartments for Rent and Nearby
The cheapest available apartment rental in Ruidoso Downs, NM is a 1 Bed unit found at Roselawn Manor priced from $422. 311 Mechem Dr has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Ruidoso Downs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roselawn Manor | One Bedroom | 1BR,1BA | $422 |
| 311 Mechem Dr | Studio | Studio,1BA | $550 |
| Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $650 |
| Saddlecreek Apartments | Aspen | Studio,1BA | $690 |
Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby
As of September 23, 2025 the best value apartment in the Ruidoso Downs area is the $1.20 price per square foot 3 Bed, 1.5 Bath Model at Villas of Briar Ridge in the starting from $1,437. The second greatest value Ruidoso Downs apartment is the Eagle Model at Quail Ridge Apartments starting at $1,660 with a $1.42 price per square foot . Here is today’s list of the best values for Ruidoso Downs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas of Briar Ridge | 3 Bed, 1.5 Bath | 3BR,1.5BA | $1.20 |
| Quail Ridge Apartments | Eagle | 3BR,2BA | $1.42 |
| Copperstone Apartments of Las Cruces | Desert Stone | 2BR,2BA | $1.45 |
| Wyndchase Apartments | 2bed 2bath | 2BR,2BA | $1.16 |
| 311 Mechem Dr | 3 BR | 3BR,2BA | $1.30 |
| Alta Tierra | 2 Bedrooms | 2BR,1BA | $1.14 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.42 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ruidoso Downs, NM Rentals by Map
See the most popular apartments and homes in Ruidoso Downs, NM
Getting Around Ruidoso Downs, NM
Walk Score®
19 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
19 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Ruidoso Downs Apartments
What is the Cheapest Studio apartment in Ruidoso Downs?
Currently the most affordable Cheap Studio Apartment in Ruidoso Downs is at 311 Mechem Dr listed at $550.
How much is rent for a Cheap One Bedroom Ruidoso Downs Apartment?
The lowest price for a Cheap One Bedroom Ruidoso Downs Apartment is $422 at Roselawn Manor.
What is the lowest price for a Cheap Two Bedroom Ruidoso Downs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ruidoso Downs is starting from $500 at Roselawn Manor.
What is the most affordable Ruidoso Downs Three Bedroom Apartment?
The best deal on a cheap Ruidoso Downs Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.