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Cheap Apartments for Rent in Ruidoso Downs, NM from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Ruidoso Downs.
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from $5682 Bedroom Apartments Contact Us For Availability
Los Arcos and Starlight Court
200 Moonglow AveAlamogordo, NM 88310
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from $7051 to 2 Bedroom Apartments Contact Us For Availability
Christa Lee Manor Apartments
111 E 22nd StRoswell, NM 88201
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.
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from $7201 to 3 Bedroom Apartments Available Now
Pueblo Chamisa
1800 S Pennsylvania AveRoswell, NM 88203
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Rent Specials
from $720Studio to 2 Bedroom Apartments Available Now
Saddlecreek Apartments
1901 S Sunset AveRoswell, NM 88203
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from $7731 to 3 Bedroom Apartments Available Now
Mesa Verde - FREE Utilities
502 S Wyoming AveRoswell, NM 88203
62 Curlew Pl
CloudcroftNM88317
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $8262 to 5 Bedroom Apartments Available Now
Villas of Briar Ridge
1 Briarwood PlRoswell, NM 88201
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from $9871 to 2 Bedroom Apartments Available Now
EMLI Artesia: Income Qualify Today
1902 W Richey AveArtesia, NM 88210
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1407 N New York Ave
AlamogordoNM88310
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712 S Washington Ave
RoswellNM88203
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1418 Michigan Ave
AlamogordoNM88310
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-21, 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 | $755 | $700 | $850 |
| Ruidoso Downs 1 Bedroom Apartments | $1,132 | $548 | $2,250 |
| Ruidoso Downs 2 Bedroom Apartments | $1,464 | $500 | $2,550 |
| Ruidoso Downs 3 Bedroom Apartments | $1,672 | $574 | $2,750 |
Browse Top Apartments in Ruidoso Downs
See all Apartments in Ruidoso DownsExplore Ruidoso Downs
Ruidoso Downs, NM Local Guide
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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. 205 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 |
| 205 Mechem Dr | Studio | Studio,1BA | $550 |
| 100 Lower Terrace Dr | Studio | Studio,1BA | $550 |
| 311 Mechem Dr | Studio | Studio,1BA | $550 |
| Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby
As of June 21, 2025 the best value apartment in the Ruidoso Downs area is the $1.37 price per square foot The Campania Model at Tuscany Villa and Estates in the starting from $1,680. The second greatest value Ruidoso Downs apartment is the 3 BR Model at 311 Mechem Dr starting at $1,300 with a $1.30 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. |
|---|---|---|---|
| Tuscany Villa and Estates | The Campania | 2BR,2BA | $1.37 |
| 311 Mechem Dr | 3 BR | 3BR,2BA | $1.30 |
| The Pavilions at South Fork | The Venetian | 1BR,1BA | $1.30 |
| Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1.21 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| 205 Mechem Dr | 1 BR | 1BR,1BA | $1.23 |
| Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
| 100 Lower Terrace Dr | Studio | Studio ,1BA | $1.00 |
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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 205 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 205 Mechem Dr and starts from $1,000.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.