
Cheap Homes for Rent in Hobbs, NM from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Hobbs.


901 11th St

808 Ave H

201 W Scharbauer St

408 SE 6th St

1130 Gary Terrace

1102 Gary Terrace
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.

2734 7th St

1404 E Reppto St

914 13th St

2309 Jackson St
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.

705 N Elm St

216 S Ave D

809 W 67th St
Hobbs, NM Local Guide

How much does it cost to rent a home in Hobbs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hobbs 2 Bedroom Homes for Rent | $1,127 | $650 | $1,500 |
Hobbs 3 Bedroom Homes for Rent | $2,514 | $1,300 | $5,000 |
Hobbs 4 Bedroom Homes for Rent | $2,928 | $1,375 | $4,500 |
Browse Top Homes for Rent in Hobbs
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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 2 Beds unit found at Summerwind Terrace Townhomes priced from $1,295. Sorrento Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Hobbs apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Summerwind Terrace Townhomes | Unfurnished | 2BR,1BA | $1,295 |
Sorrento Apartments | A1E | 1BR,1BA | $1,350 |
Windscape Apartments | A2 | 1BR,1BA | $1,576 |
Sorrento Villas | 2x2 (1094sf) B4 | 2BR,2BA | $1,625 |
Oak Manor Villas | B1 | 2BR,2BA | $2,117 |
Best Value Apartments for Rent in Hobbs, NM and Nearby
As of June 21, 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 |
Oak Manor Villas | B1 | 2BR,2BA | $1.98 |
Windscape Apartments | A1 | 1BR,1BA | $2.09 |
Sorrento Apartments | A1E | 1BR,1BA | $2.10 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Hobbs
What type of rentals are currently available in Hobbs?
There are currently 41 Apartments for Rent in Hobbs, NM with pricing that ranges from $324 to $5,296. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobbs ranging from $600 to $5,000.
What is the current price range for Rental Homes in Hobbs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hobbs ranges from $600 to $5,000 with an average monthly rent of $1,798.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.