Ruidoso Downs, NM

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  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Ruidoso Downs short-term rental market based on reliable data.

Listings

17 / 32

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$11,821

Middle-Earners Revenue

Occupancy

44%

Middle-Earners Occupancy

Home Value

$220,079

Median Home Sale Price

Top Earners

$49,837

Top-Earners Revenue

Ruidoso Downs

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ruidoso Downs.

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B

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.

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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.

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