Cheap Apartments for Rent in 88242
4 rentals
- PET FRIENDLYTotal price$1,895 - $2,372/mo2-3 Beds2-3 BathsOak Manor Villas | 3409 Live Oak St #3514B,
Hobbs, NM 88242 - PET FRIENDLY
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Apartments For Rent Near 88242
We found 18 more apartments matching your filters just outside 88242
- NEW - 2 DAYS AGO
- NEW - 2 DAYS AGO
- PET FRIENDLY
- $1,310 - $1,485/mo1-2 Beds1-2 BathsHomestead Apartments | 2100 E Settlers Pass #1097,
Hobbs, NM 88240
Average Rent Trends in 88242
Rent in 88242 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $2,342 |
| Aug 2025 | $2,385 |
| Sep 2025 | $2,500 |
| Oct 2025 | $2,190 |
| Nov 2025 | $2,084 |
| Dec 2025 | $1,992 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,500 |
| Mar 2026 | $2,500 |
| Apr 2026 | $1,828 |
| May 2026 | $1,820 |
| Jun 2026 | $1,961 |
Average Rent By Bedroom and Home Type
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,882 | $1,800 | — | $1,917 |
| Houses | — | — | $1,800 | — | $2,100 |
Frequently Asked Questions about Rentals in 88242
- What is the average rent of an apartment in 88242?The average rent of an apartment in 88242 is $1,882 per month. This is about 4% lower than the national average.
- When is the average rent cheapest in 88242?In the last year, the average rent in 88242 was lowest in Jan 2025 when it was $1,600 per month.
- When is the average rent most expensive in 88242?In the last year, the average rent in 88242 was highest in Sep 2025 when it was $2,500 per month.
- How many available rental listings are in 88242?There are 4 available rental listings in 88242.
- What are some cities near 88242?
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 88242 - 23 Rentas | Trulia