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Location

500 W Kiowa Dr, Hobbs, NM 88240, USA

Tour 500 W Kiowa Dr

Contact

Rivas Property Management, LLC

(575) 392-7355

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 500 W Kiowa Dr

HomeHouses in Hobbs 500 W Kiowa Dr, Hobbs, NM 88240, USA

Discover comfort & functionality in this townhome featuring 2 spacious bedrooms and 1½ baths. Located in a centralized location near schools, shopping, and restaurants. CALL OUR OFFICE TODAY TO SCHEDULE A SHOWING! 575-392-7355


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 500 W Kiowa Dr compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Address details

Zip code88240
TypeHouse for rent

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Rent trends in Hobbs

2-bedroom apartments at 500 W Kiowa Dr cost about 8% less than the average rent price for 2-bedroom apartments in Hobbs.

Median rents as of Mar 14 2026.
Hobbs
A table of 2-bedroom apartment rental data trends in Hobbs
MonthMedian Rent
March 2024$1,300
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
March 2026$1,287

Affordability calculator

Can I afford to live at 500 W Kiowa Dr?

Bedrooms

2 bedrooms

Rent-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

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 2-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Schools near 500 W Kiowa Dr

Mills Elementary School

200 west copper

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 500 W Kiowa Dr

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Hobbs near 500 W Kiowa Dr

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 500 W Kiowa Dr, Hobbs

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within walking distance

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