Houses For Rent in Hobbs, NM

11 rentals

Apartments For Rent Near Hobbs, NM

We found 2 more apartments matching your filters just outside Hobbs

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 for a house decreased in Nov 2026 compared to the previous month. Rent for houses peaked in May 2025.
MonthAverage rent
Dec 2025$2,000
Jan 2026$2,500
Feb 2026$2,340
Mar 2026$2,230
Apr 2026$2,000
May 2026$1,950
Jun 2026$1,975
Jul 2026$1,800
Aug 2026$2,200
Sep 2026$2,500
Oct 2026$2,400
Nov 2026$2,200
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Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$900$1,500$2,000$2,400$1,612
Townhomes—$1,300$1,800—$1,800
Apartments and Condos$725—$1,200—$900
Houses—$1,500$2,000$2,400$2,167