Cheap Apartments for Rent in Ruidoso Downs, NM from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Ruidoso Downs.

Mira Vista Villas Senior Living

Roselawn Manor

Los Arcos and Starlight Court

Christa Lee Manor Apartments

Saddlecreek Apartments
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Pueblo Chamisa

Los Altos Apartments

Mesa Verde - FREE Utilities

Villas of Briar Ridge

EMLI Artesia: Income Qualify Today
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Quail Ridge Apartments
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Ruidoso Downs, NM Local Guide

How much does it cost to rent an apartment in Ruidoso Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ruidoso Downs Studio Apartments | $820 | $820 | $820 |
| Ruidoso Downs 1 Bedroom Apartments | $1,144 | $474 | $1,950 |
| Ruidoso Downs 2 Bedroom Apartments | $1,491 | $568 | $2,550 |
| Ruidoso Downs 3 Bedroom Apartments | $1,709 | $707 | $3,000 |
| Ruidoso Downs 4 Bedroom Apartments | $1,359 | $1,359 | $1,359 |
Browse Top Apartments in Ruidoso Downs
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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 Mira Vista Villas Senior Living in the Downtown Las Cruces neighborhood priced from $474. Roselawn Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $517. Here is today’s list of the most affordable Ruidoso Downs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mira Vista Villas Senior Living | One Bedroom/1 Bath | 1BR,1BA | $474 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $517 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $650 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
| Saddlecreek Apartments | Juniper | 1BR,1BA | $760 |
Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby
As of December 22, 2025 the best value apartment in the Ruidoso Downs area is the $1.17 price per square foot 3 Bed, 2 Bath Model at Villas of Briar Ridge in the starting from $1,394. The second greatest value Ruidoso Downs apartment is the 2bed 2bath Model at Wyndchase Apartments starting at $1,160 with a $1.16 price per square foot in the Downtown Las Cruces neighborhood. 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, 2 Bath | 3BR,1.5BA | $1.17 |
| Wyndchase Apartments | 2bed 2bath | 2BR,2BA | $1.16 |
| The Pavilions at South Fork | The Venetian | 1BR,1BA | $1.38 |
| Alta Tierra | 2 Bedrooms | 2BR,1BA | $1.14 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Nambe Ct | 1b-1bath | 1BR,1BA | $1.18 |
| Mira Vista Villas Senior Living | One Bedroom/1 Bath | 1BR,1BA | $0.78 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.88 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
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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Read ArticleQuick Rent Budget Calculator
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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
Frequently Asked Questions about Cheap Ruidoso Downs Apartments
How much is rent for a Cheap One Bedroom Ruidoso Downs Apartment?
The lowest price for a Cheap One Bedroom Ruidoso Downs Apartment is $474 at Mira Vista Villas Senior Living.
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 $614 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
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.










