417 W Birch St
Denver CityTX79323
Cheap Homes for Rent in Hobbs, NM from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Hobbs.
808 Ave H
LevellandTX79336
202 Odessa St
GoldsmithTX79741
500.5 E Stanolind Rd
HobbsNM88240
408 W Luckey St
CarlsbadNM88220
515 SW 6th St
SeminoleTX79360
1316 W Scharbauer St
HobbsNM88240
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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 a home in Hobbs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hobbs 2 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
| Hobbs 3 Bedroom Homes for Rent | $2,349 | $1,200 | $3,900 |
| Hobbs 4 Bedroom Homes for Rent | $3,087 | $2,249 | $4,300 |
| Hobbs 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
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Hobbs, NM Local Guide
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Cheapest Available Hobbs Apartments for Rent and Nearby
The cheapest available apartment rental in Hobbs, NM is a 2 Beds unit found at Jefferson House Apartments priced from $970. Woodleaf - FREE Utilities has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. 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 |
| Woodleaf - FREE Utilities | One Bedroom | 1BR,1BA | $999 |
| Eagle Ridge | A1 | 1BR,1BA | $1,019 |
Best Value Apartments for Rent in Hobbs, NM and Nearby
As of April 10, 2025 the best value apartment in the Hobbs area is the $1.33 price per square foot Salinas Model at Homestead Apartments in the starting from $1,475. 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. |
|---|---|---|---|
| Homestead Apartments | Salinas | 2BR,2BA | $1.33 |
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.13 |
| Windscape Apartments | A1 | 1BR,1BA | $2.09 |
| Woodleaf - FREE Utilities | One Bedroom | 1BR,1BA | $1.53 |
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Frequently Asked Questions about Hobbs
What type of rentals are currently available in Hobbs?
There are currently 40 Apartments for Rent in Hobbs, NM with pricing that ranges from $324 to $4,681. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobbs ranging from $650 to $4,300.
What is the current price range for Rental Homes in Hobbs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hobbs ranges from $650 to $4,300 with an average monthly rent of $1,718.
How much are larger Three and Four Bedroom Rentals in Hobbs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hobbs range from $438 to $4,681, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,249 and Four Bedroom Apartments start at $2,249.
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.