What is the average rent of a house in 88240?

The average rent of a house in 88240 is $2,200 per month. This is about 14% higher than the national average.

When is the average rent for a house cheapest in 88240?

In the last year, the average rent in 88240 was lowest in Nov 2025 when it was $1,600 per month.

In the last year, the average rent in 88240 was highest in Jan 2025 when it was $2,850 per month.

The average rent of a 3 bedroom house in 88240 is $2,300 per month. That is about $1,205 more than the cost of a 2 bedroom house.

There are 13 available houses to rent in 88240.

Some nearby cities include: Monument , Eunice , Hobbs , Lovington , Maljamar , Loco Hills . These cities may have more rental options to explore.

Use arrow keys to navigate
PET FRIENDLY
$2,190/mo
3 Beds
2 Baths
1,771 sqft
1820 N Steven Dr,
Hobbs, NM 88240
APPLY INSTANTLY
FURNISHED
$3,000/mo
Total price
3 Beds
2 Baths
1,450 sqft
1837 N Chama Dr,
Hobbs, NM 88240
Use arrow keys to navigate
APPLY INSTANTLY
PET FRIENDLY
$2,200/mo
2 Beds
2 Baths
1,808 sqft
Address Not Disclosed,
Hobbs, NM 88240
Use arrow keys to navigate
$1,800/mo
3 Beds
1 Bath
1828 N Breckon Dr,
Hobbs, NM 88240
Use arrow keys to navigate
$2,150/mo
4 Beds
2 Baths
1,618 sqft
1601 Bradley Ct,
Hobbs, NM 88240
Use arrow keys to navigate
$2,200/mo
3 Beds
2 Baths
1,874 sqft
4000 N Mescalero Dr,
Hobbs, NM 88240
Use arrow keys to navigate
APPLY INSTANTLY
$2,800/mo
4 Beds
2 Baths
2,784 sqft
Address Not Disclosed,
Hobbs, NM 88240
APPLY INSTANTLY
PET FRIENDLY
$2,400/mo
Total price
4 Beds
2 Baths
1,625 sqft
1836 N Steven Dr,
Hobbs, NM 88240
APPLY INSTANTLY
PET FRIENDLY
$2,400/mo
Total price
3 Beds
2 Baths
1,609 sqft
1214 W Caprock St,
Hobbs, NM 88240
APPLY INSTANTLY
PET FRIENDLY
$1,095/mo
2 Beds
1 Bath
800 sqft
1515 W Broadway Pl,
Hobbs, NM 88240
APPLY INSTANTLY
$2,500/mo
Studio
1 Bath
1,800 sqft
7200 N Lovington Hwy,
Hobbs, NM 88240
Save Search in 88240
88240
Single Family Home
Get emails when new homes match this search

Apartments For Rent Near 88240

Rent in 88240 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a house decreased in Nov 2026 compared to the previous month. Rent for houses peaked in Jan 2025.

View as a graph

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.

	1 bed	2 beds	3 beds	4 beds	All
All home types	$900	$1,400	$2,200	$2,400	$1,415
Townhomes	—	$1,300	$1,800	—	$1,300
Apartments and Condos	$725	—	$1,200	—	$900
Houses	—	$1,095	$2,300	$2,400	$2,200

What is the average rent of a house in 88240?
The average rent of a house in 88240 is $2,200 per month. This is about 14% higher than the national average.
When is the average rent for a house cheapest in 88240?
In the last year, the average rent in 88240 was lowest in Nov 2025 when it was $1,600 per month.
When is the average rent for a house most expensive in 88240?
In the last year, the average rent in 88240 was highest in Jan 2025 when it was $2,850 per month.
How does the rent of a 3 bedroom house compare to a 2 bedroom house in 88240?
The average rent of a 3 bedroom house in 88240 is $2,300 per month. That is about $1,205 more than the cost of a 2 bedroom house.
How many houses are available to rent in 88240?
There are 13 available houses to rent in 88240.
What are some cities near 88240?
Some nearby cities include: Monument, Eunice, Hobbs, Lovington, Maljamar, Loco Hills. These cities may have more rental options to explore.