Ruidoso Downs, NM Community Information

Ruidoso Downs, NM Homes for Sale

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Alto (555)
Ancho (75)
Angus (111)
Arabela (12)

Capitan (111)
Carrizozo (75)
Corona (11)
Duran (75)

Glencoe (2)
Hondo (21)
Lincoln (7)
Nogal (31)

Oscuro (75)
Picacho (1)
Ruidoso (917)

Ruidoso Downs, NM Community Information

Population

3,546

Median Age

36.8

Median Household Income

$36,450

Households with Children

52.11%

Median Travel Time to Work

18 minutes

Ruidoso Downs, NM Real Estate Market Information

Homes Owned

56.65%

Homes Rented

23.28%

Homes Vacant

20.07%

Ruidoso Downs, NM Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Ruidoso Downs apartments for rent

Ruidoso Downs, NM School Information

Primary Schools

Nob Hill Elementary School | 105 S Sutton Dr
Sierra Vista Primary School | 199 W White Mountain Dr
White Mountain Elementary School | 203 White Mountain Dr
Capitan Elementary School | 150 Forest Ave
Hondo Elementary School | Us Hwy 70 And Hwy 380

Middle Schools

Ruidoso Middle School | 123 Warrior Dr
Capitan Middle School | 150 Forest Ave

High Schools

Ruidoso High School | 125 Warrior Dr
Capitan High School | 150 Forest Ave
Hondo High School | Us Hwy 70 And Hwy 380

Other Schools

Mescalero Apache School | Po Box 230

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.