Apartments & Homes for Rent in 88345

Condo for rent at 174 King Rd, Ruidoso, NM 88345

All one level, three bedroom, three and a half bath luxury condo. Updated open floor plan with two fireplaces, jetted soaking tub, laundry room and three balconies. All bedrooms have ensuite bathrooms and walk in closets. Located in a secured access building with elevators and gated underground parking. Building offers a community room with fitness equipment and in building mail delivery. Walking distance to Midtown Ruidoso with views of Sierra Blanca from the living room and living room balcony. Minimum 3 month lease. Rental rate dependent on length of lease. Contact property manager for further details.

Townhouse for rent at 418 Excalibur, Ruidoso, NM 88345

Featured

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$2,000

Townhouse3 Beds2.5 Baths1,694 ft²

418 Excalibur

Ruidoso, NM 88345

Large two level, three bedroom, two and a half bath townhome. Recently remodeled. Two electric fireplaces. Two large decks with views of Sierra Blanca and the lake at the Inn of The Mountain Gods. Solid surface flooring throughout. Partially furnished. Water paid. Deck, Fireplace, Lake View, Sierra Blanca View, Refrigerator, Stove/oven, Dishwasher, Water Paid, Trash, Trash Compactor & Washer Dryer.

Featured

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$1,250

House2 Beds1 Bath576 ft²

143 Davis Dr

Ruidoso, NM 88345

Single level 2 bedroom, 1 bath unfurnished home with large covered deck and storage shed. Great views of Sierra Blanca and surrounding mountains. Shared driveway. Gas is included up to $75 each per month. Monthly lease term only. Deck, Refrigerator, Stove/oven, Gas & Electric. Dogs Allowed.

Featured

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$1,700

House3 Beds1.5 Baths1,200 ft²

102 K St

Ruidoso, NM 88345

Remodeled three bedroom, one and a half bath single level home. Kitchen with granite counter tops and laundry room with storage. Electric fireplace and built in storage cabinets in living room. Main bedroom with attached half bath. Bedroom two with two closets and bedroom three with built in shelving. Mud room porch with pet door to fenced yard/dog run. Outside features large attached storage shed and one car carport/covered patio. Move In Special: $100 off first month's rent with one year lease.

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$1,550

Condo2 Beds2.5 Baths1,152 ft²

604 White Mountain Dr

Ruidoso, NM 88345

Fully furnished two level condo near the Links Golf Course. Updates throughout. Spacious deck, air conditioning, central heat and fireplace. Water, sewer and trash paid. Water softener with maintenance paid by property owner. Central Heating & Air, Deck, Water Softener, Fireplace, Golf Course View, Water Paid, Sewage/Garbage & All Amenities.

Viewing 1-5 of 5 rentals in 88345

What to Know About

Life in Ruidoso & Beyond

Ruidoso shares many of the great qualities that make New Mexico a desirable place to live.

New Mexico, known as the "Land of Enchantment," boasts a rich cultural heritage, stunning desert landscapes, and thriving arts and outdoor recreation. Learn about the state's fascinating history by visiting ancient Native American ruins, such as the remarkable Chaco Canyon and Aztec Ruins, or experience modern art museums, including the world-renowned Harwood Museum of Art and the Museum of International Folk Art. The state is also home to several prestigious universities, including New Mexico State University and the University of New Mexico.

Outdoor enthusiasts will find no shortage of opportunities for adventure in New Mexico, with endless options for hiking, camping, and skiing in the Sandia and Sacramento Mountains, as well as fishing and boating in Lake Powell and Elephant Butte Lake. In addition, be sure to explore some of the most iconic landscapes in the country, including the magnificent Carlsbad Caverns National Park and White Sands National Monument, and experience the historic charm of Taos.

New Mexico's unique blend of affordability, job opportunities, cultural heritage, natural beauty, and quality of life make it a great place to live. So whether you're seeking outdoor adventures, artistic inspiration, or a peaceful desert oasis, New Mexico has it all.

Rental Market Trends

Ruidoso, NM

As of April 2025, Ruidoso's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Ruidoso's average rent is 14.1% ($206) lower than the New Mexico average of $1,466 and 30.0% ($539) lower than the U.S. average of $1,799.

Average Rent

$1,260

Monthly ChangeMonth Over Month Change

3% ($37)

Yearly ChangeYear Over Year Change

26.8% ($461)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$926	3.2% ($29)	13.8% ($148)
2 Beds	$1,208	2% ($24)	19.1% ($286)
3 Beds	$1,611	4.3% ($67)	11.9% ($218)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Ruidoso Rental Market FAQs

Explore rental prices, market trends, and availability in Ruidoso, NM.

What is the average rent in Ruidoso, NM?

The average rent in Ruidoso, NM is $1,260 per month.

What is the rental price range for homes in Ruidoso, NM?

Homes in Ruidoso typically rent for between $648 and $2,094 per month, with an average of $1,260 per month.

What is the average rent for different bedroom sizes in Ruidoso, NM?

In Ruidoso, the average rent for a 1-bedroom home is $926 per month, for a 2-bedroom home, $1,208 per month, and a 3-bedroom home is $1,611 per month.

How do rent prices in Ruidoso, NM compare with the national average?

The average rent in Ruidoso is 30% ($539) lower than the national average of $1,799 per month.

How have rent prices in Ruidoso, NM changed recently?

The average rent in Ruidoso has increased by 3.0% ($37) in the last month and decreased by 26.8% ($461) over the past year.

How competitive is the rental market in Ruidoso, NM?

The rental market in Ruidoso, NM, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Ruidoso, NM?

In Ruidoso, NM, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Ruidoso, NM?

There are currently 6 rental properties available in Ruidoso, NM.

Can I afford to rent a home in Ruidoso, NM?

Based on the current averages, a household would need an annual income of $48,320 to comfortably afford a 2-bedroom home in Ruidoso.

Life in Ruidoso & Beyond

Ruidoso, NM

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