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$519 - $1,1211 to 3 Bedroom Apartments Available Now
La Pradera
1023 E Glorietta DrHobbs, NM 88240
Cheap Apartments for Rent in Hobbs, NM from $300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Hobbs.
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$709 - $1,3382 to 3 Bedroom Apartments Available Now
Playa Escondida
1021 E Yeso DrHobbs, NM 88240
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$770 - $970Studio to 2 Bedroom Apartments Available Now
Jefferson House Apartments
2001 N Jefferson StHobbs, NM 88240
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$1,099 - $1,2491 to 2 Bedroom Apartments Available Now
Woodleaf - FREE Utilities
3320 N Dal Paso StHobbs, NM 88240
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$1,155 - $1,5451 to 2 Bedroom Apartments Available Jun 17
Homestead Apartments
2100 E Settlers PassHobbs, NM 88240
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$1,304 - $1,9421 to 3 Bedroom Apartments Available Now
Windscape Apartments
3901 N Central AveHobbs, NM 88240
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$1,345 - $1,9002 Bedroom Apartments Available Now
Summerwind Terrace Townhomes
16A Stonecrest CtHobbs, NM 88240
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 to 3 Bedroom Apartments
Parkside Terrace
300 E White StHobbs, NM 88240
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Studio to 1 Bedroom Apartments
Rex Arms Apartments
110 E Corbett StHobbs, NM 88240
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1 to 3 Bedroom Apartments
Avalon Cove
1200 E Broadway StHobbs, NM 88240
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Studio to 2 Bedroom Apartments
Jefferson House Apartments
2100 N Jefferson StHobbs, NM 88240
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1 to 3 Bedroom Apartments
Cielo Vista Apartments
901 E Michigan AveHobbs, NM 88240
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1 to 3 Bedroom Apartments
Sunrise Homes Apartments
1515 Scharbauer StHobbs, NM 88240
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2 to 3 Bedroom Apartments
Adobe Village
7106 N Chenault StHobbs, NM 88242
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 3 Bedroom Apartments
Park Place
920 E Michigan AveHobbs, NM 88240
1122 3 E Broadway St
HobbsNM88240
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1 to 2 Bedroom Apartments
Bella Terra Apartments
1502 E Bender BlvdHobbs, NM 88240
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1 to 3 Bedroom Apartments
Ledgestone Apartments
1401 E Navajo DrHobbs, NM 88240
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2 to 3 Bedroom Apartments
Bandera Ranch Townhomes
902 Bel Aire CtHobbs, NM 88240
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1 to 2 Bedroom Apartments
Eagle Ridge
3419 N Dal Paso StHobbs, NM 88240
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1 to 3 Bedroom Apartments
Skyview Terrace
3600 N Skyview StHobbs, NM 88240
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 3 Bedroom Apartments
New Leaf
1601 E Marland StHobbs, NM 88240
523 S 2nd St
BrownfieldTX79316
401 NW 8th St
AndrewsTX79714
101 Teakwood Dr
AndrewsTX79714
1417 E Reppto St
BrownfieldTX79316
1006 E Lons St
BrownfieldTX79316
1103 2nd St
AndrewsTX79714
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
704 Yucca Ln
BrownfieldTX79316
705 N Elm St
CarlsbadNM88220
302 North Lake
CarlsbadNM88220
Showing Results 1-31, Page 1 of 1
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 | $1,218 | $519 | $1,443 |
| Hobbs 2 Bedroom Apartments | $1,569 | $798 | $2,900 |
| Hobbs 3 Bedroom Apartments | $1,770 | $709 | $2,800 |
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 and Nearby
The cheapest available apartment rental in Hobbs, NM is a 1 Bed unit found at La Pradera priced from $519. Playa Escondida has the second lowest priced unit, which is a 3 Beds apartment currently listed from $709. Here is today’s list of the most affordable Hobbs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Pradera | 1 Bedroom | 1BR,1BA | $519 |
| Playa Escondida | 3 Bedrooms | 3BR,2BA | $709 |
| Jefferson House Apartments | One Bedroom One Bath | 1BR,1BA | $870 |
| Woodleaf - FREE Utilities | Two Bedroom | 2BR,1BA | $1,249 |
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1BA | $1,345 |
| Windscape Apartments | A2 | 1BR,1BA | $1,429 |
| Sorrento Villas | 10-B3 2x2 Furnished | 2BR,2BA | $2,900 |
Best Value Apartments for Rent in Hobbs, NM and Nearby
As of April 28, 2026 the best value apartment in the Hobbs area is the $1.22 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,345. The second greatest value Hobbs apartment is the 10-B3 2x2 Furnished Model at Sorrento Villas starting at $2,900 with a $2.67 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. |
|---|---|---|---|
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.22 |
| Sorrento Villas | 10-B3 2x2 Furnished | 2BR,2BA | $2.67 |
| Windscape Apartments | B2 | 2BR,2BA | $1.79 |
| Playa Escondida | 2 Bedrooms | 2BR,1BA | $1.43 |
| La Pradera | 2 Bedrooms | 2BR,1BA | $0.68 |
| Woodleaf - FREE Utilities | Two Bedroom | 2BR,1BA | $1.52 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
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Best Local Schools in Hobbs, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hobbs, NM Rentals by Map
See the most popular apartments and homes in Hobbs, NM
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 $519 at La Pradera.
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 $622 at La Pradera.
What is the most affordable Hobbs Three Bedroom Apartment?
The best deal on a cheap Hobbs Three Bedroom Apartment rental is at La Pradera and starts from $706.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.