Zumper
modified
5+ Days Ago

Highlights

  • Hard surface flooring throughout
  • Open floorplan unit

Location

201 Upper Terrace Dr, Ruidoso, NM 88345, USA
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour Aspen Lodge Apartments

Contact

Management

Berkshire Hathaway HomeServices Enchanted Lands, REALTORS

Leasing office

(575) 624-2262

Property Overview

Aspen Lodge Apartments earns a strong overall rating of 8.8 out of 10, with standout marks for price, amenities, and location, plus a solid trustworthiness score. It features hard surface flooring throughout and open floorplan units, and it is also close to highly rated elementary and high schools.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Aspen Lodge Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Aspen Lodge Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath$1,200–$1,250 /mo3 units availableRecently updated two bedroom, one bath ground level apartment. Vinyl plank flooring throughout. Easy access to Mechem Drive and close to Midtown Ruidoso. Small pet allowed with pet fee. Application fee: $40 one-time charge per adult. Pet rent is a $25 monthly charge per pet. Non-refundable, one-time pet fee-$250. Late fee-5% of rent, charged on the 8th of each month. Renters insurance: $15 monthly charge. Applications available at Ruidoso. rent

Let's explore this property.

Amenities for Aspen Lodge Apartments

Apartment Amenities

All Bills PaidElectricity
GasSecond Floor Unit
Water

Appliances

ElectricOven
RangeRefrigerator
Stove/Oven

Building

First Floor Apartment

Services

$40 Application Fee
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Credit Check Fee

Per-applicant.

$40

REQUIRED FEES

Holding Deposit

One-time. Refund Policy: Refundable. Security Deposit.

$1,200

Renters Insurance Fee

Monthly.

$15

Questions about this property’s policies and fees?

Building details

Property details

Units22
Advertisement

About Aspen Lodge Apartments

Home Aspen Lodge Apartments

Recently updated two bedroom, one bath ground level apartment. Vinyl plank flooring throughout. Easy access to Mechem Drive and close to Midtown Ruidoso. Small pet allowed with pet fee. Application fee: $40 one-time charge per adult. Pet rent is a $25 monthly charge per pet. Non-refundable, one-time pet fee-$250. Late fee-5% of rent, charged on the 8th of each month. Renters insurance: $15 monthly charge. Applications available at Ruidoso. rent


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Aspen Lodge Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Aspen Lodge Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Aspen Lodge Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Aspen Lodge Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Aspen Lodge Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Aspen Lodge Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Aspen Lodge Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Aspen Lodge Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Aspen Lodge Apartments is great for:

Pet owners

  • Pet deposit required
  • 2 pet grooming services nearby
  • 3 pet supply stores near the property
  • 1 pet hospital in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Aspen Lodge Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Ruidoso

2-bedroom apartments at Aspen Lodge Apartments cost about the same as the average rent price for 2-bedroom apartments in Ruidoso.

Median rents as of Jun 27 2026.
Ruidoso
A table of 2-bedroom apartment rental data trends in Ruidoso
MonthMedian Rent
August 2024$1,412
September 2024$1,600
October 2024$1,666
November 2024$1,766
March 2025$1,250
April 2025$1,400
May 2025$1,537
November 2025$1,600
December 2025$1,493
January 2026$1,578
February 2026$1,485
March 2026$1,406
April 2026$1,275
May 2026$1,195
June 2026$1,200

Affordability calculator

Can I afford to live at 201 Upper Terrace Dr?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 2-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Schools near Aspen Lodge Apartments

White Mountain Elementary School

203 white mountain dr

ruidoso, NM, 88345

3-5Public
B-

Sierra Vista Primary School

199 white mountain dr

ruidoso, NM, 88345

PK, K-2Public
B+

Mescalero Apache School

249 white mountain dr

mescalero, NM, 88340

K-12Public

Capitan Head Start

519 smokey bear blvd

capitan, NM, 88316

PKPublic
Powered byniche.com
Advertisement

Internet available near Aspen Lodge Apartments

Getting around Ruidoso near 201 Upper Terrace Dr

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
This area is close to freeways and has adequate parking options.

Points of interest for 201 Upper Terrace Dr, Ruidoso

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

0/10
No high schools within a 30-minute walk

Nightlife

2/10
Few or no bars within walking distance

Compare similar properties nearby

featured image of 235 Hart Ave

235 Hart Ave

2 Beds

$1,550

on-site laundry
No
furnished
Yes
swimming pool
No
featured image of 25972 US-70 - 505 #505

25972 US-70 - 505 #505

2 Beds

$1,175

on-site laundry
Yes
furnished
No
swimming pool
Yes
featured image of 214 Hideaway Ln

214 Hideaway Ln

2 Beds

$1,200

on-site laundry
No
furnished
Yes
swimming pool
No
featured image of 25972 25972 US-70 - 106 #106

25972 25972 US-70 - 106 #106

2 Beds

$1,175

on-site laundry
Yes
furnished
No
swimming pool
Yes
featured image of 25972 US-70 - 310 #310

25972 US-70 - 310 #310

1 Bed

$1,100

on-site laundry
Yes
furnished
Yes
swimming pool
Yes
featured image of 25972 US-70 - 104 #104

25972 US-70 - 104 #104

1 Bed

$975

on-site laundry
Yes
furnished
No
swimming pool
Yes
featured image of 106 Aspen Cir

106 Aspen Cir

3 Beds

$1,700

on-site laundry
Yes
furnished
Yes
swimming pool
No
featured image of 109 Snowcap Dr #1

109 Snowcap Dr #1

3 Beds

$2,200

on-site laundry
Yes
furnished
No
swimming pool
No
featured image of 235 Hart Ave

235 Hart Ave

2 Beds

$1,550

on-site laundry
No
furnished
Yes
swimming pool
No
featured image of 25972 US-70 - 505 #505

25972 US-70 - 505 #505

2 Beds

$1,175

on-site laundry
Yes
furnished
No
swimming pool
Yes
featured image of 214 Hideaway Ln

214 Hideaway Ln

2 Beds

$1,200

on-site laundry
No
furnished
Yes
swimming pool
No
featured image of 25972 25972 US-70 - 106 #106

25972 25972 US-70 - 106 #106

2 Beds

$1,175

on-site laundry
Yes
furnished
No
swimming pool
Yes
featured image of 25972 US-70 - 310 #310

25972 US-70 - 310 #310

1 Bed

$1,100

on-site laundry
Yes
furnished
Yes
swimming pool
Yes
featured image of 25972 US-70 - 104 #104

25972 US-70 - 104 #104

1 Bed

$975

on-site laundry
Yes
furnished
No
swimming pool
Yes
featured image of 106 Aspen Cir

106 Aspen Cir

3 Beds

$1,700

on-site laundry
Yes
furnished
Yes
swimming pool
No
featured image of 109 Snowcap Dr #1

109 Snowcap Dr #1

3 Beds

$2,200

on-site laundry
Yes
furnished
No
swimming pool
No

Check availability

Full name*
Move-in date
Floor plan
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Aspen Lodge Apartments.