Cheap Homes for Rent in Ruidoso Downs, NM from $800 (12 Rentals)

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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.

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.

Ruidoso Downs, NM Local Guide

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 ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$422
311 Mechem DrStudioStudio,1BA$550
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$650
Mesa Verde - FREE UtilitiesOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Copperstone Apartments of Las CrucesDesert Stone2BR,2BA$1.45
Wyndchase Apartments2bed 2bath2BR,2BA$1.16
311 Mechem Dr3 BR3BR,2BA$1.30
Sonoma Pointe Apartments2 Bedroom1BR,1BA$1.41
Villas of Briar Ridge2 Bed, 1 Bath2BR,1BA$1.31
Alta Tierra2 Bedrooms2BR,1BA$1.14
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Sierra Vista Village2B/1B1BR,1BA$1.42
Roselawn ManorOne Bedroom1BR,1BA$0.72
Mesa Verde - FREE UtilitiesOne Bedroom1BR,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.

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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.

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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.

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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.

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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.