How much is the average rent in Hobbs, NM for 1-bedroom and 2-bedroom apartments?

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.

When is the best time to look for an apartment in Hobbs, NM?

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.

Are there pet-friendly apartments in Hobbs, NM?

Yes, there are pet-friendly apartments in Hobbs, NM, with 17 listings accounting for approximately 28% of the market.

Are utilities usually included in rent in Hobbs, NM?

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.