Cheap Houses for Rent in Hobbs, NM
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Apartments For Rent Near Hobbs, NM
We found 2 more apartments matching your filters just outside Hobbs
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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 for a house increased in Jun 2026 compared to the previous month. Rent for houses peaked in May 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,995 |
| Aug 2025 | $2,000 |
| Sep 2025 | $1,750 |
| Oct 2025 | $1,900 |
| Nov 2025 | $1,800 |
| Dec 2025 | $2,000 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,356 |
| Mar 2026 | $2,233 |
| Apr 2026 | $2,000 |
| May 2026 | $1,950 |
| Jun 2026 | $1,975 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $995 | $1,350 | $1,950 | $3,700 | $1,400 |
| Townhomes | — | — | $1,950 | — | $1,950 |
| Apartments and Condos | $995 | $1,450 | $1,200 | — | $995 |
| Houses | $750 | $1,200 | $2,050 | $3,700 | $1,800 |
Frequently Asked Questions about Houses for rent in Hobbs, NM
- 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.
- When is the average rent cheapest in Hobbs, NM?In the last year, the average rent in Hobbs, NM was lowest in Apr 2025 when it was $1,625 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 May 2025 when it was $2,400 per month.
- How many houses are available to rent in Hobbs, NM?There are 14 available houses to rent in Hobbs, NM.
- What are some zip codes in Hobbs, NM?
- 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.