
Cheap Apartments for Rent in Ruidoso, NM from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Ruidoso.

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.

Los Arcos and Starlight Court

Saddlecreek Apartments

Sierra Vista Village
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.

Christa Lee Manor Apartments

Pueblo Chamisa

Mesa Verde - FREE Utilities

Villas of Briar Ridge

1418 Michigan Ave

712 S Washington Ave
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.

1312 New York
Ruidoso, NM Local Guide

How much does it cost to rent an apartment in Ruidoso?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ruidoso Studio Apartments | $745 | $690 | $850 |
Ruidoso 1 Bedroom Apartments | $1,043 | $650 | $1,800 |
Ruidoso 2 Bedroom Apartments | $1,356 | $568 | $2,550 |
Ruidoso 3 Bedroom Apartments | $1,588 | $968 | $2,750 |
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Ruidoso, NM Local Guide
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Cheapest Available Ruidoso Apartments for Rent and Nearby
 The cheapest available apartment rental in Ruidoso, NM is a Studio unit found at 311 Mechem Dr priced from $550. Sierra Vista Village 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 |
Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $720 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Best Value Apartments for Rent in Ruidoso, NM and Nearby
As of July 30, 2025 the best value apartment in the Ruidoso area is the $1.29 price per square foot 4201 Northrise Dr Model at 4201 Northrise Dr, Unit 506 in the starting from $1,550. The second greatest value Ruidoso apartment is the 1 Bedroom FURNISHED Model at The Vue Apartments starting at $1,800 with a $1.80 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. |
---|---|---|---|
4201 Northrise Dr, Unit 506 | 4201 Northrise Dr | 2BR,2BA | $1.29 |
The Vue Apartments | 1 Bedroom FURNISHED | 1BR,1BA | $1.80 |
311 Mechem Dr | 3 BR | 3BR,2BA | $1.30 |
Sonoma Pointe Apartments | 1 bed 1 bath | 1BR,1BA | $1.69 |
Willow Springs Apartments | Riverbend | 1BR,1BA | $1.89 |
Cuestas Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $1.92 |
Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
Sierra Vista Village | 2B/1B | 1BR,1BA | $1.42 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
Mirador Apartments | Efficiency | Studio ,1BA | $1.90 |
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Best Local Schools in Ruidoso, NM
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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 Sierra Vista Village.
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 $750 at 311 Mechem Dr.
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.

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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.