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Affordable
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These days, finding an affordable place to live in the Ruidoso area can be challenging. Home prices in Ruidoso are now at a median cost of $269,338, higher than the New Mexico average of $265,486.
The average cost of rent is $927/mo in Ruidoso, primarily driven by the current value of real estate in the Ruidoso area. In Ruidoso, 30.37% of households rent, and 60.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ruidoso is $4,367 per month. Households that rent pay about 21.22% of their income on rent here. Ruidoso’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ruidoso Downs, NM: less expensive homes
- Alto, NM: higher priced homes
- Sierra Vista, NM: less expensive homes
- Ponderosa Heights, NM: less expensive homes
- Glencoe, NM: equally priced homes
- Fort Stanton, NM: higher priced homes
- San Patricio, NM: higher priced homes
- Hondo, NM: higher priced homes
- Picacho, NM: higher priced homes
- Roswell, NM: less expensive homes
Cities with Similar Populations
- Rutland, MA: higher priced homes
- Rocky Face, GA: less expensive homes
- Roebuck, SC: equally priced homes
- Roscommon, MI: less expensive homes
- Rotonda, FL: higher priced homes
- Round Hill, VA: higher priced homes
- Round Lake Park, IL: less expensive homes
- Rumford, RI: higher priced homes
- Rumson, NJ: higher priced homes
- Runnemede, NJ: equally priced homes
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