754 W Deming St
RoswellNM88203
Cheap Homes for Rent in Ruidoso Downs, NM from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Ruidoso Downs.
119 Whispering Pines Way
AltoNM88312
1202 S Missouri Ave
RoswellNM88203
602 N Ohio Ave
RoswellNM88201
2201.5 Stanford Ave
AlamogordoNM88310
Cozy 2 Bedroom 2 Bath home near Shopping
3419 Sequoia Loop
AlamogordoNM88310
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1204 S Missouri Ave
RoswellNM88203
613 S Hemlock Ave
RoswellNM88203
602 S Woody Dr
RoswellNM88203
25972 US-70
RuidosoNM88345
1604 W Juniper St
RoswellNM88203
1602 W Tilden St
RoswellNM88203
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.
214 Hideaway Ln
RuidosoNM88345
Showing Results 1-13, Page 1 of 1
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 | $1,304 | $900 | $1,600 |
| Ruidoso Downs 3 Bedroom Homes for Rent | $1,671 | $1,100 | $2,500 |
| Ruidoso Downs 4 Bedroom Homes for Rent | $2,283 | $1,500 | $3,000 |
| Ruidoso Downs 5 Bedroom Homes for Rent | $3,550 | $2,100 | $5,000 |
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 Azotea Apartments 62+ priced from $544. Cottonwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here is today’s list of the most affordable Ruidoso Downs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $544 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $554 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby
As of June 22, 2026 the best value apartment in the Ruidoso Downs area is the $1.16 price per square foot 2bed 2bath Model at Wyndchase Apartments in the in the Downtown Las Cruces neighborhood starting from $1,160. The second greatest value Ruidoso Downs apartment is the 2 BR Model at Wilshire Gardens 55+ starting at $676 with a $0.77 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. |
|---|---|---|---|
| Wyndchase Apartments | 2bed 2bath | 2BR,2BA | $1.16 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| La Tierra 55+ | 2 Bedrooms | 2BR,1BA | $1.16 |
| Alta Tierra | 2 Bedrooms | 2BR,1BA | $1.14 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $0.73 |
| Saddlecreek Apartments | Magnolia | 2BR,1BA | $1.19 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $1.01 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
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.
Read Article
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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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 47 Apartments for Rent in Ruidoso Downs, NM with pricing that ranges from $411 to $3,396. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ruidoso Downs ranging from $625 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 $625 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 $3,396, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,500 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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.