Cheap Apartments for Rent in Ruidoso, NM

37 rentals

Apartments For Rent Near Ruidoso, NM

We found 6 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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
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
Jun 2026$1,611
Jul 2026$1,800
Aug 2026$1,575
Sep 2026$1,600
View as a graph

Average Rent By Bedroom and Home Type

In September 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$1,100$1,550$1,995$2,800$1,600
Townhomes$1,100$1,375$1,575—$1,175
Apartments and Condos$1,100$1,600$1,850$3,250$1,700
Houses—$1,400$2,000$2,495$2,000
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 $1,388 per month. This is about 29% 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 $1,100 per month. That is about $100 more than the cost of a studio apartment.
  • How many available rental listings are in Ruidoso, NM?
    There are 40 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.
View this page in Spanish: Apartamentos baratos en renta en Ruidoso, NM - 44 Rentas | Trulia