901 11th St
SeagravesTX79359
Cheap Homes for Rent in Hobbs, NM from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Hobbs.
1122 3 E Broadway St
HobbsNM88240
1503 S School Ave
SundownTX79372
808 S Cedar St
BrownfieldTX79316
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.
1417 E Reppto St
BrownfieldTX79316
2901 Standpipe Rd
CarlsbadNM88220
515 SW 6th St
SeminoleTX79360
1709 E Reppto St
BrownfieldTX79316
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.
Showing Results 1-8, 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 a home in Hobbs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hobbs 2 Bedroom Homes for Rent | $1,225 | $650 | $1,700 |
| Hobbs 3 Bedroom Homes for Rent | $1,819 | $950 | $2,350 |
| Hobbs 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Hobbs 5 Bedroom Homes for Rent | $4,500 | $4,500 | $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 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 |
Best Value Apartments for Rent in Hobbs, NM and Nearby
As of July 10, 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 11- B3 2x2 Model at Sorrento Villas starting at $1,650 with a $1.52 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 | 11- B3 2x2 | 2BR,2BA | $1.52 |
| Windscape Apartments | B2 | 2BR,2BA | $1.58 |
| Willow Bend Villas | B2-60% | 2BR,2BA | $1.13 |
| 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.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
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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
Frequently Asked Questions about Hobbs
What type of rentals are currently available in Hobbs?
There are currently 38 Apartments for Rent in Hobbs, NM with pricing that ranges from $519 to $2,362. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobbs ranging from $650 to $4,500.
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 $650 to $4,500 with an average monthly rent of $2,208.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.