Apartments For Rent in Hobbs, NM

24 rentals

Apartments For Rent Near Hobbs, NM

We found 3 more apartments matching your filters just outside Hobbs

What Locals Say about Hobbs

  • Christina Grayson
    "Nothing we live on a busy street with lots of traffic but a lot of people walk in the mornings and later in the afternoon with their children and dogs"
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  • Christina Grayson
    "Neighbor is great a little busy but overall not a bad place to live close to restaurants and shopping "
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  • Amber Villalobos
    "Stray dogs wandering around. Stray cats wandering around as well. "
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  • Myrna S.
    "My neighborhood is quiet and serene and we all feel safe. We have friendly people and we can depend on each other. "
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  • Jose C.
    "Good people live in this area, my neighborhood is quite and not a lot of traffic. The schools are great in the area also "
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  • Tolarerica
    "It is insanely difficult to find a decent family home for a reasonable price in a good neighborhood. Cost of living is way too high. "
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  • Larebilyrag
    "I do not think there are any at all. I just go to work, and sleep after and go to work again and even hardly see my neighbors."
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  • Nipamgalavez
    "Dog owners would like the fact that we have sidewalks on every street here. People seem to be very friendly on my street in Hobbs. Number one thing that’s great here in Hobbs is that every home in this neighborhood has cinder block fences. So other dogs are put away and won’t be running the streets when you are walking your own dog down the sidewalks. "
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  • Brittany_gliver
    "I’ve lived in this neighborhood for 8 years and we’ve never had any problems! Neighbors are friendly and give a genuine wave when passing by!"
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  • Jerrywayneteel
    "oilfield is booming and always hiring great opportunity for anyone and with that it provides for all other business to keep them going and paying well Hobbs has a casino and now built the core center that is awesome for children and adults has a pool with slides a gym and more "
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  • Jennifer E.
    "it's a nice and peaceful neighborhood, the people are very friendly. i live across the street to a middle school and the children are very nice and polite"
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  • Mmlionheart
    "Nothing can’t be outside after dark to many drive bys not a good area people steal from your cars yard break In throw rocks throw bottles poison animals and plus neighbors keep yards so dirty junk yards old cars don’t run keep on lawn in kept yards not a good neighborhood at all"
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  • Jaci L.
    "In my neighborhood people have no concern for anyone else but themselves. Landlord does not care about tenants. Maintenance inn my housing community outs great though when they can actually do their job. "
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  • Suzy G.
    "I have lived in the area for more than 30 years.....Its a great family oriented area with a highly rated school......."
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Average Rent Trends in Hobbs, NM

Rent in Hobbs, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Jul 2025$1,579
Aug 2025$1,750
Sep 2025$1,750
Oct 2025$1,498
Nov 2025$1,400
Dec 2025$1,640
Jan 2026$1,560
Feb 2026$1,724
Mar 2026$1,711
Apr 2026$1,500
May 2026$1,820
Jun 2026$1,800
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$995$1,350$1,950$3,700$1,400
Townhomes—$1,400$1,950—$1,950
Apartments and Condos$995$1,450$1,200—$995
Houses$750$1,200$2,050$3,700$1,800
See more information about local market trends in Hobbs, NM

Frequently Asked Questions about Rentals in Hobbs, NM

  • What is the average rent of an apartment in Hobbs, NM?
    The average rent of an apartment in Hobbs, NM is $1,310 per month. This is about 33% lower than the national average.
  • What is the average rent of a house in Hobbs, NM?
    The average rent of a house in Hobbs, NM is $1,800 per month. This is about 8% lower than the national average.
  • What is the average rent of a townhome in Hobbs, NM?
    The average rent of a townhome in Hobbs, NM is $1,950 per month. This is about 0% higher than the national average.
  • When is the average rent cheapest in Hobbs, NM?
    In the last year, the average rent in Hobbs, NM was lowest in Jan 2025 when it was $1,250 per month.
  • When is the average rent most expensive in Hobbs, NM?
    In the last year, the average rent in Hobbs, NM was highest in Aug 2025 when it was $1,750 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Hobbs, NM?
    The average rent of a 1 bedroom apartment in Hobbs, NM is $995 per month. That is about $1,505 less than the cost of a studio apartment.
  • How many available rental listings are in Hobbs, NM?
    There are 26 available rental listings in Hobbs, NM.
  • What are some zip codes in Hobbs, NM?
    Hobbs, NM includes zip codes such as: 88240, 88260, 88242, 88265, 88241.
  • What are some cities near Hobbs, NM?
    Some nearby cities include: Monument, Lovington, Eunice, Denver City, Maljamar. These cities may have more rental options to explore.