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$550 - $1,300Studio to 3 Bedroom Apartments Available Now
311 Mechem Dr
311 Mechem DrRuidoso, NM 88345
Cheap Apartments for Rent in Ruidoso, NM from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Ruidoso.
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711 Main Rd
RuidosoNM88345
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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.
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$568 - $7982 Bedroom Apartments Contact Us For Availability
Los Arcos and Starlight Court
200 Moonglow AveAlamogordo, NM 88310
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$680 - $890Studio to 2 Bedroom Apartments Available Now
Saddlecreek Apartments
1901 S Sunset AveRoswell, NM 88203
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$705 - $7901 to 2 Bedroom Apartments Contact Us For Availability
Christa Lee Manor Apartments
111 E 22nd StRoswell, NM 88201
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$720 - $1,3001 to 3 Bedroom Apartments Contact Us For Availability
Pueblo Chamisa
1800 S Pennsylvania AveRoswell, NM 88203
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$773 - $1,0731 to 3 Bedroom Apartments Available Now
Mesa Verde - FREE Utilities
502 S Wyoming AveRoswell, NM 88203
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.
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Rent Specials
$826 - $3,8952 to 5 Bedroom Apartments Available Now
Villas of Briar Ridge
1 Briarwood PlRoswell, NM 88201
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1109 7th St
AlamogordoNM88310
207 Delaware Ave
AlamogordoNM88310
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Ruidoso, NM Local Guide
Downtown Ruidoso by Dennis Adams is licensed under CCO 1.0
How much does it cost to rent an apartment in Ruidoso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ruidoso Studio Apartments | $765 | $680 | $1,100 |
| Ruidoso 1 Bedroom Apartments | $1,131 | $650 | $1,750 |
| Ruidoso 2 Bedroom Apartments | $1,379 | $568 | $2,550 |
| Ruidoso 3 Bedroom Apartments | $1,770 | $968 | $3,460 |
Browse Top Apartments in Ruidoso
See all Apartments in RuidosoExplore Ruidoso
Ruidoso, NM Local Guide
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Cheapest Available Ruidoso Apartments for Rent
The cheapest available apartment rental in Ruidoso, NM is a Studio unit found at 311 Mechem Dr priced from $550. Mirador Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Ruidoso apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 311 Mechem Dr | Studio | Studio,1BA | $550 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $650 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
| Saddlecreek Apartments | Cottonwood | 1BR,1BA | $710 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Best Value Apartments for Rent in Ruidoso, NM
As of November 02, 2025 the best value apartment in the Ruidoso area is the $0.88 price per square foot 2bed 2bath Model at Nambe Ct in the starting from $1,350. The second greatest value Ruidoso apartment is the 2 bedroom Furnished Model at The Vue Apartments starting at $2,150 with a $1.79 price per square foot . Here is today’s list of the best values for Ruidoso apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nambe Ct | 2bed 2bath | 2BR,2BA | $0.88 |
| The Vue Apartments | 2 bedroom Furnished | 2BR,2BA | $1.79 |
| 3650 Morning Star Dr, Unit 708 | 3650 Morning Star Dr | 2BR,2BA | $1.26 |
| 311 Mechem Dr | 3 BR | 3BR,2BA | $1.30 |
| McGuffey Vistas | Two Bedroom | 2BR,2BA | $1.77 |
| Sonoma Pointe Apartments | 1 Bedroom | 1BR,1BA | $1.58 |
| Willow Springs Apartments | Riverbend | 1BR,1BA | $1.75 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
| Saddlecreek Apartments | Cottonwood | 1BR,1BA | $1.69 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Best Local Schools in Ruidoso, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Ruidoso, NM
Getting Around Ruidoso, NM
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
18 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Ruidoso Apartments
What is the Cheapest Studio apartment in Ruidoso?
Currently the most affordable Cheap Studio Apartment in Ruidoso is at 311 Mechem Dr listed at $550.
How much is rent for a Cheap One Bedroom Ruidoso Apartment?
The lowest price for a Cheap One Bedroom Ruidoso Apartment is $650 at Mirador Apartments.
What is the lowest price for a Cheap Two Bedroom Ruidoso Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ruidoso is starting from $700 at Sierra Vista Village.
What is the most affordable Ruidoso Three Bedroom Apartment?
The best deal on a cheap Ruidoso Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.