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Rent Specials
$1,625 - $2,9002 to 3 Bedroom Apartments Available Now
Sorrento Villas
3500 N Fowler StHobbs, NM 88240
Cheap Apartments for Rent in Hobbs, NM from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Hobbs.
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$1,215 - $1,5701 to 2 Bedroom Apartments Available Oct 2
Homestead Apartments
2100 E Settlers PassHobbs, NM 88240
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$1,342 - $1,9561 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
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$1,099 - $1,2491 to 2 Bedroom Apartments Available Now
Woodleaf - FREE Utilities
3320 N Dal Paso StHobbs, NM 88240
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,961 - $5,017
Total Monthly Price
2 to 3 Bedroom Apartments Available Sep 6Total Monthly Price
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$1,961 - $5,017
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Oak Manor Villas
3409 Live OakHobbs, NM 88242
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$1,200 - $1,6621 to 3 Bedroom Apartments Available Now
New Leaf
1601 E Marland StHobbs, NM 88240
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$795 - $970Studio to 2 Bedroom Apartments Available Now
Jefferson House Apartments
2001 N Jefferson StHobbs, NM 88240
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1 to 3 Bedroom Apartments
Parkside Terrace
300 E White StHobbs, NM 88240
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1 to 3 Bedroom Apartments
Ledgestone Apartments
1401 E Navajo DrHobbs, NM 88240
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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1 to 2 Bedroom Apartments
Eagle Ridge
3419 N Dal Paso StHobbs, 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 3 Bedroom Apartments
Skyview Terrace
3600 N Skyview StHobbs, NM 88240
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1 to 3 Bedroom Apartments
Willow Bend Villas
1000 N Marland BlvdHobbs, NM 88240
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2 to 3 Bedroom Apartments
Adobe Village
7106 N Chenault StHobbs, NM 88242
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 to 3 Bedroom Apartments
Park Place
920 E Michigan AveHobbs, NM 88240
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1 to 2 Bedroom Apartments
Bella Terra Apartments
1502 E Bender BlvdHobbs, NM 88240
Showing Results 1-17, 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 | $795 | $795 | $795 |
| Hobbs 1 Bedroom Apartments | $1,215 | $519 | $1,467 |
| Hobbs 2 Bedroom Apartments | $1,582 | $798 | $2,900 |
| Hobbs 3 Bedroom Apartments | $1,625 | $709 | $2,359 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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
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 |
Best Value Apartments for Rent in Hobbs, NM
As of July 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 | B1 | 2BR,2BA | $1.68 |
| Playa Escondida | 2 Bedrooms | 2BR,1BA | $1.43 |
| La Pradera | 2 Bedrooms | 2BR,1BA | $0.68 |
| New Leaf | Two Bedroom, Two Bath | 2BR,2BA | $1.59 |
| Woodleaf - FREE Utilities | Two Bedroom | 2BR,1BA | $1.52 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.