
Cheap Apartments for Rent in Hobbs, NM from $300 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Hobbs.

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.

808 Ave H
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.

901 11th St
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 | $1,473 | $324 | $10,000+ |
Hobbs 2 Bedroom Apartments | $1,534 | $383 | $2,313 |
Hobbs 3 Bedroom Apartments | $1,766 | $438 | $2,509 |
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 Jefferson House Apartments priced from $870. Eagle Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,019. Here is today’s list of the most affordable Hobbs apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Jefferson House Apartments | One Bedroom One Bath | 1BR,1BA | $870 |
Eagle Ridge | A1 | 1BR,1BA | $1,019 |
Windscape Apartments | A1 | 1BR,1BA | $1,113 |
Best Value Apartments for Rent in Hobbs, NM and Nearby
As of September 07, 2025 the best value apartment in the Hobbs area is the $1.18 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,295. The second greatest value Hobbs apartment is the 2x2 (1088sf) B3 Model at Sorrento Villas starting at $1,625 with a $1.49 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 | $1.18 |
Sorrento Villas | 2x2 (1088sf) B3 | 2BR,2BA | $1.49 |
Windscape Apartments | A2 | 1BR,1BA | $1.82 |
Eagle Ridge | A1 | 1BR,1BA | $1.35 |
Sorrento Apartments | A1E | 1BR,1BA | $2.10 |
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Best Local Schools in Hobbs, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Hobbs, NM
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 $870 at Jefferson House Apartments.
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 $1,119 at Eagle Ridge.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.