1202 S Missouri Ave
RoswellNM88203
Cheap Homes for Rent near Ruidoso Downs, NM from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Ruidoso Downs.
31 Becky Ave
AlamogordoNM88310
25972 US-70
RuidosoNM88345
613 S Hemlock Ave
RoswellNM88203
9 Oak Dr
RoswellNM88203
1602 W Tilden St
RoswellNM88203
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
100 Apache Hills Dr
RuidosoNM88345
1607 W Walnut St
RoswellNM88203
56 Ridgecrest Dr
RoswellNM88203
1025 Crescent Dr
RoswellNM88201
2592 US-70
RuidosoNM88345
103 S Missouri Ave
RoswellNM88203
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 a home in Ruidoso Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ruidoso Downs 2 Bedroom Homes for Rent | $1,631 | $1,200 | $2,400 |
| Ruidoso Downs 3 Bedroom Homes for Rent | $1,677 | $1,150 | $2,200 |
| Ruidoso Downs 4 Bedroom Homes for Rent | $2,633 | $2,500 | $2,800 |
| Ruidoso Downs 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
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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 $517. Azotea Apartments 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $544. 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 | $517 |
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $544 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $554 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby
As of August 10, 2026 the best value apartment in the Ruidoso Downs area is the $1.15 price per square foot C4 Model at Casas De Soledad in the starting from $1,884. 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. |
|---|---|---|---|
| Casas De Soledad | C4 | 2BR,2.5BA | $1.15 |
| Wyndchase Apartments | 2bed 2bath | 2BR,2BA | $1.16 |
| Christa Lee Manor Apartments | Two Bedroom Large | 2BR,2BA | $0.90 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| Alta Tierra | 2 Bedrooms | 2BR,1BA | $1.14 |
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $0.73 |
| 1103 N Washington Ave | 1 bed 1 bath | 1BR,1BA | $1.00 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $1.01 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.88 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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See the most popular apartments and homes in Ruidoso Downs, NM
Frequently Asked Questions about Ruidoso Downs
What type of rentals are currently available in Ruidoso Downs?
There are currently 49 Apartments for Rent in Ruidoso Downs, NM with pricing that ranges from $411 to $3,220. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ruidoso Downs ranging from $695 to $5,000.
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 $695 to $5,000 with an average monthly rent of $1,762.
How much are larger Three and Four Bedroom Rentals in Ruidoso Downs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ruidoso Downs range from $621 to $3,220, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,506.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.