Bedroom count

Property type

Last updated on February 17, 2026

Average rent in
Hobbs, NM

Last updated on February 17, 2026

Last updated on February 17, 2026

Bedroom count

Property type

As of February 2026, the median rent for all bedroom counts and property types in Hobbs, NM is $1,375. This is -28%, or $525, lower than the national average.

$2.00

average price per square foot

Median rent

$1,375

increased by4%
over the previous yearvs previous year

Total rentals

23

for rent on Zumper.com

As of February 2026, the median rent for all bedroom counts and property types in Hobbs, NM is $1,375. This is -28%, or $525, lower than the national average.

$2.00

average price per square foot

Rent ranges

8%
56%
28%
5%
3%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

60%
40%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Hobbs, NM

Rent price trends

Rent prices for all bedroom counts and property types in Hobbs, NM have decreased by 14% in the last month and have increased by 4% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Hobbs, NM

The monthly rent for an apartment in Hobbs, NM is $1,109. A 1-bedroom apartment in Hobbs, NM costs about $900 on average, while a 2-bedroom apartment is $1,400. Houses for rent in Hobbs, NM are more expensive, with an average monthly cost of $2,100.

Comparables

1 bedroom

$900

4%

1%

2 bedroom

$1,350

1%

1%

3 bedroom

$1,950

5%

No Change

4 bedroom

$3,600

2%

-

1 bedroom

Average rent

$900

Last 30 days

4%

Last year

1%

2 bedroom

Average rent

$1,350

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$1,950

Last 30 days

5%

Last year

No Change

4 bedroom

Average rent

$3,600

Last 30 days

2%

The table above reflects average rent prices in Hobbs, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Hobbs, NM to other cities

Median rent prices in Hobbs, NM for all bedroom counts and property types compared to Andrews, TX.

Hobbs

Median rent price$1,375
decreased by28%

lower than the national median

Median rent price$1,115
decreased by41%

lower than the national median

Takeaway

The median rent for all rentals in Hobbs, NM is 23% higher than the median rent in Andrews, TX.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Andrews

$1,115

increased by17%

Last year

Artesia

$1,485

increased by25%

Last year

Brownfield

$1,100

decreased by39%

Last year

Carlsbad

$1,600

decreased by1%

Last year

Gardendale

$2,300

increased by22%

Last year

Lovington

$1,325

increased by53%

Last year

Lubbock

$1,294

increased by2%

Last year

Midland

$2,300

increased by15%

Last year

Odessa

$1,800

increased by14%

Last year

Roswell

$1,235

decreased by1%

Last year

Slaton

$950

decreased by2%

Last year

Wolfforth

$1,550

Flat

Last year

Apartments for rent in Andrews

Discover rentals in Hobbs, NM

1200 East Broadway Street , Hobbs, NM, 88240 - 6-602 #6-602 - Photo 1 of 1

5d+ ago

Apartment for rent in Hobbs

Avalon Cove Apartment LLC - 6-602

1200 East Broadway Street , Hobbs, NM, 88240 - 6-602 #6-602, Hobbs, NM 88240

2 beds

1 bath

$832

Apartment for rent

Available Dec 23

Sunset Apartments - Photo 1 of 1

5d+ ago

7.7

Very good

Sunset Apartments

301 E Sunset Dr, Hobbs, NM 88240

2 beds

2 baths

$950

Apartment for rent

Bel Air Apartments - Photo 1 of 1

5d+ ago

7.7

Very good

Bel Air Apartments

2021 N Jefferson St, Hobbs, NM 88240

2 beds

1 bath

$950

Apartment for rent

1200 East Broadway Street , Hobbs, NM, 88240 - 3-302 #3-302 - Photo 1 of 1

5d+ ago

Apartment for rent in Hobbs

Avalon Cove Apartment LLC - 3-302

1200 East Broadway Street , Hobbs, NM, 88240 - 3-302 #3-302, Hobbs, NM 88240

3 beds

2 baths

$959

Apartment for rent

Available Dec 23

1122 E Broadway St #B302 - Photo 1 of 1

5d+ ago

Apartment for rent in Hobbs

East Broadway Apartment LLC - B-302

1122 E Broadway St #B302, Hobbs, NM 88240

3 beds

2 baths

$1,200

Apartment for rent

Available Dec 23

1209 E Snyder St - Photo 1 of 1

5d+ ago

House for rent in Hobbs

3 beds

1 bath

$1,500

$1,400

Price drop

House for rent