Zumper
modified
4 Days Ago

Highlights

  • Pet Friendly
  • Hard surface flooring throughout
  • Open floorplan unit

Location

201 Upper Terrace Dr, Ruidoso, NM 88345, USA
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Contact

Management

Berkshire Hathaway HomeServices Enchanted Lands, REALTORS

Leasing office

(575) 624-2262

Property Overview

Aspen Lodge Apartments offers a strong overall experience with an 8.5/10 expert rating, highlighted by a 10/10 price rating that reflects excellent value and competitive pricing. With 9/10 scores for both amenities and location, residents can expect convenient access to local services and an elevated standard of living, including pet-friendly considerations such as nearby pet services and a required pet deposit. Hard surface flooring throughout and an open floorplan unit further enhance everyday comfort, while a 7/10 trustworthiness rating indicates a clear, detailed property description from management.

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

8.5
Very Good
With a solid 8.5 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

  • Laundry available on site

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath$1,200 /mo2 units availableSecond floor two bedroom, one bath apartment. Close to Mechem Dr. Recent updates. Water, gas and electric paid. Pets allowed with non-refundable $250 pet fee per pet. $40 application fee. Renter insurance required. 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.

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Amenities for Aspen Lodge Apartments

Apartment Amenities

All Bills PaidElectric Paid
Second Floor UnitUpdated

Building

Cats OKDogs OK
Laundry Facility OnsiteOnsite Laundry

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

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units22
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About Aspen Lodge Apartments

Home Aspen Lodge Apartments

Second floor two bedroom, one bath apartment. Close to Mechem Dr. Recent updates. Water, gas and electric paid. Pets allowed with non-refundable $250 pet fee per pet. $40 application fee. Renter insurance required. 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.


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.
8.5
/10
Very Good
With a solid 8.5 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·9A 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 goes above and beyond to provide sought-after conveniences and desirable perks, including $40 application fee. Renters looking for popular or luxurious features will find them here—and for that reason, Aspen Lodge Apartments receives one of the highest amenities scores.
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

Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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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 May 9 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$1,187

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
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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

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