Ruidoso, NM Metro Area - Investment Guide
Metro Area • 5 Cities • 6 ZIP Codes
Avg Home Value
$328,337
Avg Monthly Rent
$1,044
Avg Cap Rate
2.89%
Avg Investability
2.3 ★
Cities
5
ZIP Codes
6
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🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Ruidoso, NM Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
5.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Ruidoso, NM
Every ZIP in the metro, ranked four ways. Free.
Cities in Ruidoso, NM
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 88345 | Ruidoso | NM | $337,760 | $936 | 2.16% | |
| 88312 | Alto | NM | $602,147 | $900 | 1.17% | |
| 88345 | Ruidoso | NM | $331,273 | $1,700 | 4.00% | |
| 88312 | Alto | NM | $559,957 | $900 | 1.25% | |
| 88345 | Ruidoso | NM | $327,732 | $936 | 2.23% | |
| 88312 | Alto | NM | $585,286 | $900 | 1.20% | |
| 88345 | Ruidoso | NM | $319,290 | $1,700 | 4.15% | |
| 88312 | Alto | NM | $549,509 | $900 | 1.28% | |
| 88345 | Ruidoso | NM | $329,083 | $936 | 2.22% | |
| 88312 | Alto | NM | $579,688 | $900 | 1.21% | |
| 88345 | Ruidoso | NM | $340,356 | $1,700 | 3.90% | |
| 88312 | Alto | NM | $549,509 | $900 | 1.28% | |
| 88345 | Ruidoso | NM | $329,083 | $936 | 2.22% | |
| 88312 | Alto | NM | $577,683 | $900 | 1.22% | |
| 88301 | Carrizozo | NM | $153,194 | $891 | 4.54% | |
| 88346 | Ruidoso Downs | NM | $237,226 | $873 | 2.87% | |
| 88316 | Capitan | NM | $262,195 | $981 | 2.92% | |
| 88341 | Carrizozo | NM | $379,507 | $918 | 1.89% | |
| 88301 | Carrizozo | NM | $152,559 | $891 | 4.56% | |
| 88346 | Ruidoso Downs | NM | $241,707 | $873 | 2.82% | |
| 88316 | Capitan | NM | $241,942 | $981 | 3.16% | |
| 88341 | Carrizozo | NM | $367,302 | $918 | 1.95% | |
| 88301 | Carrizozo | NM | $145,105 | $891 | 4.79% | |
| 88346 | Ruidoso Downs | NM | $229,434 | $873 | 2.97% | |
| 88316 | Capitan | NM | $248,393 | $981 | 3.08% | |
| 88341 | Carrizozo | NM | $377,800 | $918 | 1.90% | |
| 88301 | Carrizozo | NM | $135,552 | $891 | 5.13% | |
| 88346 | Ruidoso Downs | NM | $228,284 | $873 | 2.98% | |
| 88316 | Capitan | NM | $230,926 | $981 | 3.31% | |
| 88341 | Carrizozo | NM | $353,421 | $918 | 2.03% | |
| 88301 | Carrizozo | NM | $163,151 | $891 | 4.26% | |
| 88346 | Ruidoso Downs | NM | $229,580 | $873 | 2.97% | |
| 88316 | Capitan | NM | $255,368 | $981 | 3.00% | |
| 88341 | Carrizozo | NM | $394,727 | $918 | 1.81% | |
| 88301 | Carrizozo | NM | $135,552 | $891 | 5.13% | |
| 88346 | Ruidoso Downs | NM | $242,253 | $873 | 2.81% | |
| 88316 | Capitan | NM | $230,926 | $981 | 3.31% | |
| 88341 | Carrizozo | NM | $353,421 | $918 | 2.03% | |
| 88301 | Carrizozo | NM | $169,864 | $891 | 4.09% | |
| 88346 | Ruidoso Downs | NM | $229,580 | $873 | 2.97% | |
| 88316 | Capitan | NM | $252,550 | $981 | 3.03% | |
| 88341 | Carrizozo | NM | $384,850 | $918 | 1.86% |
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About Ruidoso, NM Real Estate Market
The Ruidoso, NM metropolitan statistical area (MSA) encompasses 5 cities and 6 ZIP codes. The average home value across the metro is $328,337, with an average monthly rent of $1,044. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.