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.

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.

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Parkside Terrace
1 to 3 Bedroom Apartments

Parkside Terrace

300 E White StHobbs, NM 88240
  • Utilities Included
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Rex Arms Apartments
Studio to 1 Bedroom Apartments

Rex Arms Apartments

110 E Corbett StHobbs, NM 88240
  • Utilities Included
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Avalon Cove
1 to 3 Bedroom Apartments

Avalon Cove

1200 E Broadway StHobbs, NM 88240

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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Cielo Vista Apartments
1 to 3 Bedroom Apartments

Cielo Vista Apartments

901 E Michigan AveHobbs, NM 88240
  • Utilities Included
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Park Place
1 to 3 Bedroom Apartments

Park Place

920 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

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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Ledgestone Apartments
1 to 3 Bedroom Apartments

Ledgestone Apartments

1401 E Navajo DrHobbs, NM 88240
  • Utilities Included
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Eagle Ridge
1 to 2 Bedroom Apartments

Eagle Ridge

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

Skyview Terrace

3600 N Skyview StHobbs, 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
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New Leaf
1 to 3 Bedroom Apartments

New Leaf

1601 E Marland StHobbs, NM 88240
  • 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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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 Northern Star Apartments and starts from $1,695.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.