Cheap Apartments for Rent in the 88240 ZIP Code of Hobbs, NM from $300 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 88240 ZIP Code area of 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.

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Homestead Apartments
$1,145 - $1,560
Total Monthly Price

Total Monthly Price

Base Rent
$886 - $1,301
Required Monthly Fees
$259
Total Monthly Price
$1,145 - $1,560
1 to 2 Bedroom Apartments Available Mar 16

Homestead Apartments

2100 E Settlers PassHobbs, NM 88240
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
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Rex Arms Apartments
Studio to 1 Bedroom Apartments

Rex Arms Apartments

110 E Corbett StHobbs, NM 88240
  • Utilities Included

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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Avalon Cove
1 to 3 Bedroom Apartments

Avalon Cove

1200 E Broadway StHobbs, NM 88240
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Cielo Vista Apartments
1 to 3 Bedroom Apartments

Cielo Vista Apartments

901 E Michigan AveHobbs, NM 88240
  • Utilities Included
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Bella Terra Apartments
1 to 2 Bedroom Apartments

Bella Terra Apartments

1502 E Bender BlvdHobbs, NM 88240
Corporate Housing
  • Utilities Included

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.

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Eagle Ridge
1 to 2 Bedroom Apartments

Eagle Ridge

3419 N Dal Paso StHobbs, NM 88240
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Ledgestone Apartments
1 to 3 Bedroom Apartments

Ledgestone Apartments

1401 E Navajo DrHobbs, NM 88240
  • Utilities Included
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Ranch View Estates
2 to 3 Bedroom Apartments

Ranch View Estates

Bender BlvdHobbs, NM 88240
Furnished
  • Utilities Included
  • Smoke Free

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Adobe Village
2 to 3 Bedroom Apartments

Adobe Village

7106 N Chenault StHobbs, NM 88242
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Frequently Asked Questions about Cheap the 88240 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 88240 Apartment?

The lowest price for a Cheap One Bedroom 88240 Apartment is $800 at Clear Brook Apartments.

What is the lowest price for a Cheap Two Bedroom 88240 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 88240 is starting from $900 at Clear Brook Apartments.

What is the most affordable 88240 Three Bedroom Apartment?

The best deal on a cheap 88240 Three Bedroom Apartment rental is at STERLING HEIGHTS and starts from $1,410.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.