Cheap Apartments for Rent in Lea County, NM from $300 (7 Rentals)

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Rex Arms Apartments
Studio Apartments

Rex Arms Apartments

110 E Corbett StHobbs, NM 88240
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Avalon Cove
1 to 3 Bedroom Apartments

Avalon Cove

1200 E Broadway StHobbs, NM 88240

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Cielo Vista Apartments
1 to 3 Bedroom Apartments

Cielo Vista Apartments

901 E Michigan AveHobbs, NM 88240
  • Utilities Included

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Cheapest Available Lea County Apartments for Rent

 

The cheapest available apartment rental in Lea County, NM is a 1 Bed unit found at Woodleaf - FREE Utilities priced from $999. Summerwind Terrace Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here is today’s list of the most affordable Lea County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodleaf - FREE UtilitiesOne Bedroom1BR,1BA$999
Summerwind Terrace TownhomesUnfurnished2BR,1BA$1,295
Sorrento ApartmentsA1E1BR,1BA$1,350

Best Value Apartments for Rent in Lea County, NM

As of May 17, 2025 the best value apartment in the Lea County area is the $1.79 price per square foot C1 Model at Oak Manor Villas in the starting from $2,445. The second greatest value Lea County apartment is the Unfurnished Model at Summerwind Terrace Townhomes starting at $1,295 with a $1.18 price per square foot . Here is today’s list of the best values for Lea County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oak Manor VillasC13BR,2BA$1.79
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.18
Sorrento Villas2x2 (1088sf) B32BR,2BA$1.49
Windscape ApartmentsA11BR,1BA$2.09
Woodleaf - FREE UtilitiesOne Bedroom1BR,1BA$1.53
Sorrento ApartmentsA1E1BR,1BA$2.10

Frequently Asked Questions about Cheap Lea County Apartments

How much is rent for a Cheap One Bedroom Lea County Apartment?

The lowest price for a Cheap One Bedroom Lea County Apartment is $999 at Woodleaf - FREE Utilities.

What is the lowest price for a Cheap Two Bedroom Lea County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lea County is starting from $1,199 at Woodleaf - FREE Utilities.

What is the most affordable Lea County Three Bedroom Apartment?

The best deal on a cheap Lea County Three Bedroom Apartment rental is at Sorrento Villas and starts from $1,995.

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.

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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