What is the average rent of an apartment in 88242?

The average rent of an apartment in 88242 is $2,168 per month. This is about 10% higher than the national average.

When is the average rent for an apartment cheapest in 88242?

In the last year, the average rent in 88242 was lowest in Nov 2025 when it was $1,509 per month.

In the last year, the average rent in 88242 was highest in Jun 2025 when it was $2,489 per month.

There are 1 available apartments or condos to rent in 88242.

Some nearby cities include: Hobbs , Denver City , Lovington , Monument , McDonald , Seminole . These cities may have more rental options to explore.

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PET FRIENDLY
$1,886 - $2,330/mo
Total price
2-3 Beds
2-3 Baths
Oak Manor Villas | 3409 Live Oak St,
Hobbs, NM 88242
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88242
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Apartments For Rent Near 88242

Rent in 88242 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.

View as a graph

	1 bed	2 beds	3 beds	4 beds	All
All home types	—	$2,055	$2,345	—	$2,139
Houses	—	—	—	—	$2,500

What is the average rent of an apartment in 88242?
The average rent of an apartment in 88242 is $2,168 per month. This is about 10% higher than the national average.
When is the average rent for an apartment cheapest in 88242?
In the last year, the average rent in 88242 was lowest in Nov 2025 when it was $1,509 per month.
When is the average rent for an apartment most expensive in 88242?
In the last year, the average rent in 88242 was highest in Jun 2025 when it was $2,489 per month.
How many apartments or condos are available to rent in 88242?
There are 1 available apartments or condos to rent in 88242.
What are some cities near 88242?
Some nearby cities include: Hobbs, Denver City, Lovington, Monument, McDonald, Seminole. These cities may have more rental options to explore.