Cheap Apartments for Rent in the 88240 ZIP Code of Hobbs, NM from $300 (24 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
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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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Willow Bend Villas
1 to 3 Bedroom Apartments

Willow Bend Villas

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

Park Place

920 E Michigan AveHobbs, NM 88240
  • Utilities Included

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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Bella Terra Apartments
1 to 2 Bedroom Apartments

Bella Terra Apartments

1502 E Bender BlvdHobbs, NM 88240
Corporate Housing
  • Utilities Included
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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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Adobe Village
2 to 3 Bedroom Apartments

Adobe Village

7106 N Chenault StHobbs, NM 88242
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-24, 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 $794 at Lincoln Pointe.

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 $1,160 at Prairie Village.

What is the most affordable 88240 Three Bedroom Apartment?

The best deal on a cheap 88240 Three Bedroom Apartment rental is at Dove Terrace and starts from $1,535.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.