Woodlands Cabins
141 Upper Terrace Dr,
Ruidoso, NM 88345
1-2 Beds | $1,050 - $1,395
Rental Market Trends in Ruidoso, NM
Updated July 2026
What is the average rent in Ruidoso, NM?
$959/month
Average Rent
0 Sq Ft
Average Size
+0.2%
Change / Year
18
Available Apartments
Ruidoso, NM Rental Market Overview
The average rent in Ruidoso, NM is $959 per month. This is 42% lower than the national average rent of $1,662/month, making renting in Ruidoso more affordable than most cities in the US.
- Studio apartments in Ruidoso average $646 per month.
- One-bedroom apartments in Ruidoso average $959 per month.
- Two-bedroom apartments in Ruidoso average $900 per month.
- Three-bedroom apartments in Ruidoso average or more per month.
Data Updated: July 1, 2026
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Ruidoso, NM?
In the past year, rent has increased by 0.2%, which averages out to $2 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Ruidoso, NM
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
33%
Below $700/month
67%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Ruidoso, NM?
Because the average rent in Ruidoso is $959, you’ll want to make about $3,196 per month or $38,352 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Ruidoso, NM compare to other nearby cities and neighborhoods?
Use the tool below to compare Ruidoso, NM to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Apartment Communities in Ruidoso We Think You'll Love
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Frequently Asked Questions
What is the average rent in Ruidoso?
The average rent in Ruidoso is $959 per month, which is 42.3% lower than the national average of $1,662.
What is the average rent for a house in Ruidoso?
The average rent for a house in Ruidoso, NM is $2,192 per month.
Are rents going up or down in Ruidoso?
Rents in Ruidoso, NM are increasing, with prices up 0.2% year-over-year and $2 more per month.
What rent range is most common in Ruidoso?
In Ruidoso, NM, 67% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.