Home prices
The median home in Ruidoso Downs is valued at $130,900. Compared to the surrounding areas it is roughly $18,520 (16%) higher.It is approximately $86,600 (39%) lower in comparison to the country as a whole, and is approximately $25,800 (24%) higher in comparison to the city of Roswell.
Rents
Ruidoso Downs's median monthly rent is $522. In comparison to its surrounding areas this is approximately $84 (13%) lower.In comparison to the entire nation it is roughly $540 (50%) lower, and it is about $256 (32%) lower in comparison to the city of Roswell.
Nearby places
Ruidoso
Ruidoso is Ruidoso Downs's neighbor to the northwest. Real estate prices there are somewhat more expensive. The price of the median home in Ruidoso is $180,700, which is $49,800 (27%) higher than Ruidoso Downs. Its rents are substantially more expensive. The median monthly rent in Ruidoso is $770, which is $248 (32%) higher than Ruidoso Downs.
Capitan
Capitan is about 15 miles north of Ruidoso Downs. Its housing prices are somewhat more expensive. The median home cost in Capitan is $152,900, which is $22,000 (14%) higher than Ruidoso Downs. Rents there are significantly more expensive. The median rent in Capitan is $795 per month, which works out to $273 (34%) higher than Ruidoso Downs.
Mescalero
Mescalero is approximately 16 miles southwest of Ruidoso Downs. Its housing prices are a lot less expensive. The median home in Mescalero costs $51,400, which works out to $79,500 (154%) lower than Ruidoso Downs. Rents there are substantially less expensive. Mescalero's median rent is $315 per month, which works out to $207 (65%) lower than Ruidoso Downs.
Carrizozo
Carrizozo is approximately 26 miles northwest from Ruidoso Downs. Real estate prices there are substantially less expensive. The median home value in Carrizozo is $73,600, which is $57,300 (77%) lower than Ruidoso Downs. The rent there is a bit more expensive. The median monthly rent in Carrizozo is $575, which works out to $53 (9%) higher than Ruidoso Downs.
Tularosa
Tularosa is roughly 28 miles southwest of Ruidoso Downs. Its real estate prices are somewhat less expensive. The median home in Tularosa is valued at $103,300, which comes out to $27,600 (26%) lower than Ruidoso Downs. Rent there is somewhat more expensive. The median rent in Tularosa is $575 a month, which comes out to $53 (9%) higher than Ruidoso Downs.
