Cheap Apartments for Rent in Ruidoso Downs, NM from $400 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ruidoso Downs.

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Inspiration Heights
1 to 2 Bedroom Apartments

Inspiration Heights

301 Sierra LnRuidoso Downs, NM 88346
  • Utilities Included
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Ladera Apartments
1 to 3 Bedroom Apartments

Ladera Apartments

319 Dipaolo Hill DrRuidoso Downs, NM 88346
  • Utilities Included
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708 W 13th St
1 Bedroom Apartments

708 W 13th St

708 W 13th StRoswell, NM 88201
  • Smoke Free
property at 207 E Grand Ave

207 E Grand Ave

ArtesiaNM88210
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101 N 25th St
1 to 2 Bedroom Apartments

101 N 25th St

101 N 25th StArtesia, NM 88210
  • Utilities Included
Showing Results 1-21, Page 1 of 1

Ruidoso Downs, NM Local Guide

Cheapest Available Ruidoso Downs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ruidoso Downs, NM is a 1 Bed unit found at Roselawn Manor priced from $422. 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 Downs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$422
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$700
Pueblo ChamisaLea - One Bedroom1BR,1BA$720
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$794

Best Value Apartments for Rent in Ruidoso Downs, NM and Nearby

As of April 15, 2025 the best value apartment in the Ruidoso Downs area is the $1.02 price per square foot 3 Bed, 2 Bath Model at Villas of Briar Ridge in the starting from $1,215. The second greatest value Ruidoso Downs 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 Downs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas of Briar Ridge3 Bed, 2 Bath3BR,1.5BA$1.02
The Vue Apartments1 Bedroom Standard1BR,1BA$1.40
Christa Lee Manor ApartmentsTwo Bedroom Large2BR,2BA$0.90
The Pavilions at South ForkThe Venetian1BR,1BA$1.30
Tuscany Villa and EstatesThe Abruzzo1BR,1BA$1.51
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Pueblo ChamisaLea - One Bedroom1BR,1BA$1.19
Sierra Vista Village2B/1B1BR,1BA$1.42
Roselawn ManorOne Bedroom1BR,1BA$0.72
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$1.37

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Getting Around Ruidoso Downs, NM

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

19 / 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 Downs Apartments

How much is rent for a Cheap One Bedroom Ruidoso Downs Apartment?

The lowest price for a Cheap One Bedroom Ruidoso Downs Apartment is $422 at Roselawn Manor.

What is the lowest price for a Cheap Two Bedroom Ruidoso Downs Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ruidoso Downs is starting from $500 at Roselawn Manor.

What is the most affordable Ruidoso Downs Three Bedroom Apartment?

The best deal on a cheap Ruidoso Downs Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,100.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.