Monthly Rentals at the Former Economy Inn in Alamogordo

The former Economy Inn at 508 S. White Sands Blvd. in Alamogordo is now renting its 31 units month to month for $950 a month, with no term lease. The new owners, S&B Rentals, told me they set it up with military families in mind, so tenants can move out on short notice when orders change. I sat down with the owners after a local meeting on November 10, and here is what you need to know.

What is S&B Rentals offering?

The property is open now and renting units by the month. Here is the quick version of what the owners shared with me:

In their words, “There's no term lease with us. It's month to month.”

Discover Alamogordo has not toured the units. As with any rental, go see it in person and get the terms in writing before you sign or pay anything.

Who is it meant for?

The owners said they especially welcome military members, including Air Force families at Holloman, whether you need a place for a few weeks while you house hunt or want to stay longer. It can also fit new hires, people relocating for work, or anyone who wants to live here a while before deciding where to buy.

This lines up with something I tell people all the time: try living like a local before you commit. My post on how to test drive Alamogordo before you move has more ideas on that.

Who are the new owners?

S&B Rentals is run by a pair of young investors based in Montana who got their start wholesaling real estate deals back in high school. They told me they have been buying properties around the country for about six years, including in St. George, Utah, and Kalispell, Montana, and they want to do more here in Alamogordo.

Their focus is affordable housing. They buy existing properties and fix them up rather than building new, and they gave the City of Alamogordo credit for working with them. The Artesia Daily Press also wrote about the property in October.

What changes are planned?

The owners plan to add kitchenettes and other upgrades over time to make the units feel more like apartments. They are waiting on permits, and there is no timeline yet, so ask what is in your unit today when you call.

What does this mean for people moving to Alamogordo?

For PCS families, one of the hardest parts of a move is the gap between arriving and finding the right house. A month to month option with no long lease gives you breathing room to look at homes, learn the neighborhoods and close on your own schedule. The Holloman AFB relocation guide walks through the rest of the move, and my renting in Alamogordo page covers other rental options.

For the bigger picture on prices and how fast homes are selling, see my latest Otero County market report. When you are ready to buy, a few months in a flexible rental can make the whole process a lot less stressful.

Frequently Asked Questions

Details in this post come from Debbie Mauro's conversation with the owners of S&B Rentals on November 10, 2026, and from Artesia Daily Press coverage, as of November 12, 2026. Rent, deposit and terms can change, so confirm them directly with S&B Rentals.