
Cheap 3 Bedroom Apartments for Rent in Hobbs, NM from $438 (1 Rental)

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.
Hobbs, NM Local Guide

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 | $1,116 | $324 | $2,100 |
Hobbs 2 Bedroom Apartments | $1,508 | $383 | $4,179 |
Hobbs 3 Bedroom Apartments | $2,204 | $438 | $5,491 |
Explore Hobbs
Hobbs, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting 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 $1,995 at Sorrento Villas.
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 $1,995 at Sorrento Villas.
What is the most affordable Hobbs Three Bedroom Apartment?
The best deal on a cheap Hobbs 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.