Ruidoso Downs, NM
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Ruidoso Downs short-term rental market based on reliable data.
Listings
12 / 31
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$17,001
Middle-Earners Revenue
Occupancy
43%
Middle-Earners Occupancy
Home Value
$223,936
Median Home Sale Price
Top Earners
$45,274
Top-Earners Revenue
Ruidoso Downs
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Ruidoso Downs.
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Generally Investor friendly
Ruidoso Downs Regulations
STRs are explicitly allowed both citywide in Ruidoso Downs and in the Village of Ruidoso, but Ruidoso imposes a $300 annual permit fee with mandatory compliance inspections and occupancy/parking limits plus a 'three strikes' enforcement policy, while Ruidoso Downs has only a modest $35 business license and standard registrations; overall permitting is manageable with no meaningful caps.
Local STR Agent
STR specialist · Ruidoso Downs, NM
About Ruidoso Downs
Ruidoso Downs is a city in Lincoln County, New Mexico, United States, located within the Lincoln National Forest. The population was 1,824 at the 2000 census and 2,815 at the 2010 census. Originally incorporated as a village, it became a city in May 2002. Known locally as "the Downs", Ruidoso Downs is a suburb of adjacent Ruidoso and is a part of the Ruidoso Micropolitan Statistical Area. The city, located along U.S. Route 70, is named after the Ruidoso Downs Race Track, which is located in the city along with the Billy the Kid Casino and the Hubbard Museum of the American West.