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Parkside Terrace
300 E White StHobbs, NM 88240
Cheap Apartments for Rent in Hobbs, NM from $300 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Hobbs.
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Hobbs, NM Local Guide
Hobbs welcome sign by Chuck Coker is licensed under CC BY 2.0
How much does it cost to rent an apartment in Hobbs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hobbs Studio Apartments | $770 | $770 | $770 |
| Hobbs 1 Bedroom Apartments | $1,082 | $324 | $1,576 |
| Hobbs 2 Bedroom Apartments | $1,393 | $383 | $2,012 |
| Hobbs 3 Bedroom Apartments | $1,624 | $438 | $4,301 |
Browse Top Apartments in Hobbs
See all Apartments in HobbsExplore Hobbs
Hobbs, NM Local Guide
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Cheapest Available Hobbs Apartments for Rent
The cheapest available apartment rental in Hobbs, NM is a 2 Beds unit found at Jefferson House Apartments priced from $970. Eagle Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here is today’s list of the most affordable Hobbs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jefferson House Apartments | Two Bedroom One Bath | 2BR,1BA | $970 |
| Eagle Ridge | A1 | 1BR,1BA | $989 |
| Woodleaf - FREE Utilities | One Bedroom | 1BR,1BA | $999 |
Best Value Apartments for Rent in Hobbs, NM
As of March 26, 2025 the best value apartment in the Hobbs area is the $1.59 price per square foot C1 Model at Oak Manor Villas in the starting from $2,179. The second greatest value Hobbs apartment is the Unfurnished Model at Summerwind Terrace Townhomes starting at $1,245 with a $1.13 price per square foot . Here is today’s list of the best values for Hobbs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oak Manor Villas | C1 | 3BR,2BA | $1.59 |
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.13 |
| Windscape Apartments | A1 | 1BR,1BA | $2.09 |
| Eagle Ridge | A1 | 1BR,1BA | $1.31 |
| Woodleaf - FREE Utilities | One Bedroom | 1BR,1BA | $1.53 |
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Best Local Schools in Hobbs, NM
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Hobbs, NM Apartments MapHobbs, NM Rental Homes MapGetting Around Hobbs, NM
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hobbs Apartments
How much is rent for a Cheap One Bedroom Hobbs Apartment?
The lowest price for a Cheap One Bedroom Hobbs Apartment is $989 at Eagle Ridge.
What is the lowest price for a Cheap Two Bedroom Hobbs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hobbs is starting from $970 at Jefferson House Apartments.
What is the most affordable Hobbs Three Bedroom Apartment?
The best deal on a cheap Hobbs Three Bedroom Apartment rental is at Windscape Apartments and starts from $2,080.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.