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

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 4002 N Calle Grande

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

4002 N Calle Grande

HobbsNM88240

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.

Read Article
close
View Me
Parkside Terrace
1 to 3 Bedroom Apartments

Parkside Terrace

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

Rex Arms Apartments

110 E Corbett StHobbs, NM 88240
  • Utilities Included

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.

Read Article
close
View Me
Avalon Cove
1 to 3 Bedroom Apartments

Avalon Cove

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

Cielo Vista Apartments

901 E Michigan AveHobbs, NM 88240
  • Utilities Included
close
View Me
Willow Bend Villas
1 to 3 Bedroom Apartments

Willow Bend Villas

1000 N Marland BlvdHobbs, NM 88240
close
View Me
Park Place
1 to 3 Bedroom Apartments

Park Place

920 E Michigan AveHobbs, NM 88240
  • Utilities Included

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.

Read Article
close
View Me
Bella Terra Apartments
1 to 2 Bedroom Apartments

Bella Terra Apartments

1502 E Bender BlvdHobbs, NM 88240
Corporate Housing
  • Utilities Included
close
View Me
Ledgestone Apartments
1 to 3 Bedroom Apartments

Ledgestone Apartments

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

Eagle Ridge

3419 N Dal Paso StHobbs, NM 88240

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.

Read Article
close
View Me
Skyview Terrace
1 to 3 Bedroom Apartments

Skyview Terrace

3600 N Skyview StHobbs, NM 88240
  • Utilities Included
close
View Me
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 $760 at Autumn Wind 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 $1,150 at 705 3rd St East Apartments, Monticello.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.