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The average rent in Hobbs, as of June 2026, is down 6.11% compared to last month but up 7.18% year-over-year.
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All rentals
2d ago
Verified
1–3 beds
1–2 baths
$1,299–$1,781
Price drop
Apartment for rent
2d ago
3500 N Fowler St, Hobbs, NM 88240
In-unit laundry | Swimming pool | Fitness center
1–2 beds
1–2 baths
$1,325–$1,495
Apartment for rent
5d+ ago
1 bed
1 bath
$1,000
Price drop
Apartment for rent
5d+ ago
House for rent in Hobbs
3 beds
1 bath
$1,800
House for rent
5d+ ago
Apartment for rent in Hobbs
3 beds
2 baths
$1,850
Apartment for rent
5d+ ago
House for rent in Hobbs
1 bed
1 bath
$800
House for rent
5d+ ago
House for rent in Hobbs
2 beds
1 bath
$1,200
House for rent
5d+ ago
House for rent in Hobbs
4 beds
2.5 baths
$3,700
House for rent
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5d+ ago
Apartment for rent in Hobbs
1122 E Broadway St #B302, Hobbs, NM 88240
Air conditioning | On-site laundry | Swimming pool
3 beds
2 baths
$1,200
Apartment for rent
Available Apr 29
5d+ ago
House for rent in Hobbs
3 beds
2 baths
$1,800
House for rent
Swimming Pool
In-Unit Laundry
Walk-In Closets
Outdoor Space
5d+ ago
Apartment for rent in Hobbs
1122 E Broadway St #B103, Hobbs, NM 88240
Air conditioning | On-site laundry | Swimming pool
1 bed
1 bath
$900
Apartment for rent
Available Apr 29
5d+ ago
Apartment for rent in Hobbs
1200 East Broadway Street , Hobbs, NM, 88240 - 1-105 #1-105, Hobbs, NM 88240
Air conditioning | On-site laundry | Swimming pool
1 bed
1 bath
$694
Apartment for rent
Available Apr 29
5d+ ago
Apartment for rent in Hobbs
1200 East Broadway Street , Hobbs, NM, 88240 - 6-602 #6-602, Hobbs, NM 88240
Air conditioning | On-site laundry | Swimming pool
2 beds
1 bath
$832
Apartment for rent
Available Apr 29
5d+ ago
Apartment for rent in Hobbs
1200 East Broadway Street , Hobbs, NM, 88240 - 3-302 #3-302, Hobbs, NM 88240
Air conditioning | On-site laundry | Swimming pool
3 beds
2 baths
$959
Apartment for rent
Available Apr 29
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
House for rent in Lovington
4 beds
2 baths
$2,200
House for rent
3d ago
1 bed
1 bath
$950
Apartment for rent
1d ago
2 beds
1 bath
$1,200
Apartment for rent
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5 rentals
Hobbs, NM residents appreciate the abundance of recreational activities and parks in the area, with many enjoying the local sports facilities and community events. The diverse dining options and shops in town are also frequently mentioned as highlights. However, some locals feel that the public transportation system could be improved, and concerns about noise levels in certain neighborhoods are commonly noted. Overall, the blend of amenities and outdoor spaces contribute to a lively atmosphere, though some aspects of livability may need enhancement.
Hobbs rental prices in 2025 show one-bedroom apartments averaging around $870 per month, while two-bedroom units rent for around $1,500 monthly. These figures reflect the establishment of a new rental market in this southeastern New Mexico oil industry hub.
October typically offers the lowest rental prices in Hobbs, while June sees the highest rent levels throughout the year. The seasonal variation creates approximately 14% difference between peak and off-peak months, making fall timing advantageous for prospective renters.
Yes, there are pet-friendly apartments in Hobbs, NM, with 17 listings accounting for approximately 28% of the market.
Utilities are rarely included in Hobbs rental properties, appearing in less than 1% of total listings. Only about 2 apartments out of the monthly average include utilities as part of the rent across all bedroom types.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2026 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 17 |
|---|---|
| 💰Best rent deal | 1200 East Broadway Street , Hobbs, NM, 88240 - 1-105 #1-105 |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |