1407 N New York Ave
AlamogordoNM88310
Cheap Homes for Rent in Ruidoso Downs, NM from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Ruidoso Downs.
712 S Washington Ave
RoswellNM88203
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.
1418 Michigan Ave
AlamogordoNM88310
404 S Spruce Ave
RoswellNM88203
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.
1111 N Washington Ave
RoswellNM88201
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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 | $1,012 | $900 | $1,100 |
| Ruidoso Downs 3 Bedroom Homes for Rent | $1,749 | $1,300 | $2,800 |
| Ruidoso Downs 4 Bedroom Homes for Rent | $2,172 | $1,650 | $2,600 |
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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. 100 Lower Terrace 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 |
| 100 Lower Terrace Dr | Studio | Studio,1BA | $550 |
| 311 Mechem Dr | Studio | Studio,1BA | $550 |
Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby
As of June 09, 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 in the Downtown Las Cruces neighborhood starting from $1,680. The second greatest value Ruidoso Downs apartment is the The Catlina Model at The Pavilions at South Fork starting at $1,350 with a $1.23 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 |
| The Pavilions at South Fork | The Catlina | 2BR,2BA | $1.23 |
| 311 Mechem Dr | 3 BR | 3BR,2BA | $1.30 |
| Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Christa Lee Manor Apartments | F27 | 1BR,1BA | $1.16 |
| 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 |
| 100 Lower Terrace Dr | Studio | Studio ,1BA | $1.00 |
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Frequently Asked Questions about Ruidoso Downs
What type of rentals are currently available in Ruidoso Downs?
There are currently 37 Apartments for Rent in Ruidoso Downs, NM with pricing that ranges from $500 to $2,700. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ruidoso Downs ranging from $800 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 $800 to $2,800 with an average monthly rent of $1,534.
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 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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.