3 Days Ago
Highlights
- Convenient location
- Comfortable living
Location
1718 N Penasco Dr, Hobbs, NM 88240, USA
Tour 1718 N Penasco Dr
Contact
Rivas Property Management, LLC
Nearby rentals
Renter hub
Property management
Amenities for 1718 N Penasco Dr
Appliances
| Dishwasher |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 1718 N Penasco Dr
This well-maintained 2 bedroom, 1 bathroom home offers comfortable living in a convenient location. Featuring a bright and inviting layout, this property is perfect for small families, couples, or anyone looking for a cozy place to call home. Enjoy the large backyard — ideal for kids, pets, entertaining, or simply relaxing outdoors. Conveniently located close to an elementary school, making morning drop-offs quick and easy. Don’t miss out on this great home in a desirable area — schedule your showing today!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1718 N Penasco Dr compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- High school nearby
- There is a high school 1 mile away
Address details
| Zip code | 88240 |
|---|---|
| Type | House for rent |
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Rent trends in Hobbs
2-bedroom apartments at 1718 N Penasco Dr cost about 19% more than the average rent price for 2-bedroom apartments in Hobbs.
Median rents as of Feb 28 2026.
Hobbs
| Month | Median Rent |
|---|---|
| March 2024 | $1,283 |
| April 2024 | $1,475 |
| May 2024 | $1,412 |
| June 2024 | $1,400 |
| July 2024 | $1,000 |
| August 2024 | $1,000 |
| September 2024 | $1,000 |
| October 2024 | $1,000 |
| November 2024 | $1,000 |
| December 2024 | $1,000 |
| January 2025 | $1,000 |
| February 2025 | $1,100 |
| March 2025 | $1,050 |
| April 2025 | $1,075 |
| May 2025 | $1,206 |
| June 2025 | $1,191 |
| July 2025 | $1,300 |
| August 2025 | $1,135 |
| September 2025 | $1,044 |
| October 2025 | $1,092 |
| November 2025 | $1,094 |
| December 2025 | $1,171 |
| January 2026 | $1,136 |
| February 2026 | $1,300 |
Affordability calculator
Can I afford to live at 1718 N Penasco Dr?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 2-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Schools near 1718 N Penasco Dr
Taylor Elementary School
1520 n breckon
hobbs, NM, 88240
PK, K-5Public
B-
B.T. Washington Elementary School
1200 east humble
hobbs, NM, 88240
PK, K-5Public
C
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Internet available near 1718 N Penasco Dr
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Hobbs near 1718 N Penasco Dr
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 1718 N Penasco Dr, Hobbs
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
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Check availability
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