Cheap Homes for Rent in Ruidoso, NM from $800 (9 Rentals)

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Search the lowest-cost Homes 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.

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.

Ruidoso, NM Local Guide

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 ListingModel NameBed/BathPriced From
311 Mechem DrStudioStudio,1BA$550
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$700

Best Value Apartments for Rent in Ruidoso, NM and Nearby

As of July 24, 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 Standard Model at The Vue Apartments starting at $1,400 with a $1.40 price per square foot . Here is today’s list of the best values for Ruidoso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4201 Northrise Dr, Unit 5064201 Northrise Dr2BR,2BA$1.29
The Vue Apartments1 Bedroom Standard1BR,1BA$1.40
311 Mechem Dr3 BR3BR,2BA$1.30
Sonoma Pointe Apartments1 bed 1 bath1BR,1BA$1.69
Willow Springs ApartmentsRiverbend1BR,1BA$1.89
Cuestas Apartment Homes1 Bedroom 1 Bath1BR,1BA$1.92
Pueblo ChamisaLea - One Bedroom1BR,1BA$1.19
Sierra Vista Village2B/1B1BR,1BA$1.42
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$1.33
Mirador ApartmentsEfficiencyStudio ,1BA$1.90

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Frequently Asked Questions about Ruidoso

What type of rentals are currently available in Ruidoso?

There are currently 32 Apartments for Rent in Ruidoso, NM with pricing that ranges from $568 to $2,750. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ruidoso ranging from $875 to $2,800.

What is the current price range for Rental Homes in Ruidoso?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ruidoso ranges from $875 to $2,800 with an average monthly rent of $1,614.

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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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.

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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.

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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.

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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.