Cheap Apartments for Rent in Ruidoso, NM

32 rentals

Apartments For Rent Near Ruidoso, NM

We found 7 more apartments matching your filters just outside Ruidoso

Average Rent Trends in Ruidoso, NM

Rent in Ruidoso, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,650
Jul 2025$1,550
Aug 2025$1,800
Sep 2025$1,800
Oct 2025$1,600
Nov 2025$1,600
Dec 2025$1,600
Jan 2026$1,700
Feb 2026$1,650
Mar 2026$1,800
Apr 2026$1,700
May 2026$1,700
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,400$2,150$2,431$1,900
Townhomes—$1,175$2,000—$1,175
Apartments and Condos—$1,550$2,000$2,431$1,650
Houses—$1,500$2,200$2,495$2,200
See more information about local market trends in Ruidoso, NM

Frequently Asked Questions about Rentals in Ruidoso, NM

  • What is the average rent of an apartment in Ruidoso, NM?
    The average rent of an apartment in Ruidoso, NM is $1,350 per month. This is about 30% lower than the national average.
  • What is the average rent of a house in Ruidoso, NM?
    The average rent of a house in Ruidoso, NM is $2,200 per month. This is about 14% higher than the national average.
  • What is the average rent of a townhome in Ruidoso, NM?
    The average rent of a townhome in Ruidoso, NM is $1,175 per month. This is about 39% lower than the national average.
  • When is the average rent cheapest in Ruidoso, NM?
    In the last year, the average rent in Ruidoso, NM was lowest in Jul 2025 when it was $1,550 per month.
  • When is the average rent most expensive in Ruidoso, NM?
    In the last year, the average rent in Ruidoso, NM was highest in Jan 2025 when it was $2,300 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Ruidoso, NM?
    The average rent of a 1 bedroom apartment in Ruidoso, NM is $1,550 per month. That is about $50 less than the cost of a studio apartment.
  • How many available rental listings are in Ruidoso, NM?
    There are 31 available rental listings in Ruidoso, NM.
  • What are some zip codes in Ruidoso, NM?
    Ruidoso, NM includes zip codes such as: 88345, 88346, 88324, 88355.
  • What are some cities near Ruidoso, NM?
    Some nearby cities include: Ruidoso Downs, Alto, Glencoe, Fort Stanton, Mescalero. These cities may have more rental options to explore.