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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Ruidoso Downs, NM Housing Affordability Index

Ruidoso Downs, New Mexico has an MBR Housing Affordability Index score of 120.4 (Highly Affordable) as of October 30, 2026, ranking 101st most affordable of 147 scored New Mexico cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $154,000 home with 20% down, the New Mexico average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $841, or 32% of the city’s $31,354 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Ruidoso Downs is updated every night from live New Mexico mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Ruidoso Downs MBR-HAI 120.4 Highly Affordable
Rank in New Mexico 101 of 147 1 = most affordable
New Mexico 112.1 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% New Mexico lenders
Median home value $154,000 U.S. Census Bureau

Ruidoso Downs is 8.4 points above the New Mexico score. Scores as of October 30, 2026. See the New Mexico index

View Ruidoso Downs Mortgage Rates

What It Takes to Buy in Ruidoso Downs

$841/mo
Principal & Interest
Median home, 20% down, 7.26%
$36,000
Income Needed
To keep the payment at 28% of income
$31,354
Median Household Income
New Mexico: $64,059
4.9x
Price-to-Income Ratio
New Mexico: 3.9x
$698/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$662/yr
Median Property Tax
0.43% of median value
18.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
64.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Ruidoso Downs, New Mexico. The rate is the New Mexico average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Ruidoso Downs Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Ruidoso Downs, New Mexico score: 120.4 (Highly Affordable), ranked 101 of 147 New Mexico cities. monitorbankrates.com/housing-affordability-index/new-mexico/ruidoso-downs”