
Cheap Homes for Rent in Ruidoso Downs, NM from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Ruidoso Downs.


2605 Pecan Dr

1109 Filipino Ave
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.

2401 Telles Ave

101 Sandstone Pl

1006 E 16th St

1100 Chautauqua

120 Lower Terrace Dr

111 Flume Canyon Dr
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.

2424 Nevada Dr

1510 Walnut Dr

908 Nyuca Ave
Ruidoso Downs, NM Local Guide

How much does it cost to rent a home in Ruidoso Downs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ruidoso Downs 2 Bedroom Homes for Rent | $1,452 | $900 | $2,000 |
Ruidoso Downs 3 Bedroom Homes for Rent | $1,794 | $1,200 | $2,800 |
Ruidoso Downs 4 Bedroom Homes for Rent | $2,187 | $1,850 | $2,600 |
Ruidoso Downs 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Top Homes for Rent 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 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 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby
As of September 15, 2025 the best value apartment in the Ruidoso Downs area is the $1.45 price per square foot Desert Stone Model at Copperstone Apartments of Las Cruces in the starting from $1,510. 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. |
---|---|---|---|
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 |
Sonoma Pointe Apartments | 2 Bedroom | 1BR,1BA | $1.41 |
Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1.31 |
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!
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Frequently Asked Questions about Ruidoso Downs
What type of rentals are currently available in Ruidoso Downs?
There are currently 41 Apartments for Rent in Ruidoso Downs, NM with pricing that ranges from $500 to $2,753. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ruidoso Downs ranging from $885 to $2,800.
What is the current price range for Rental Homes in Ruidoso Downs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ruidoso Downs ranges from $885 to $2,800 with an average monthly rent of $1,684.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.