Bedroom count
Property type
Last updated on August 21, 2026
Average rent in
Hobbs, NM
Average rent in
Last updated on August 21, 2026
Bedroom count
Property type
Median rent
Median rent in Hobbs
$1,331/mo
2%vs previous year
The average rent in Hobbs is $1,331 per month as of August 2026. This is 31% below the national average rent, or $593 less per month.
average price per square foot
Total rentals
Available rentals in Hobbs
20
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Hobbs rentals at each price point
Rent trends in Hobbs, NM
Average rent prices in Hobbs have increased by 6% over the last month and have decreased by 2% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Hobbs, NM
Rent prices in Hobbs vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Hobbs is $1,250, whereas a house costs $1,800. 1-bedroom apartments in Hobbs run $1,100 on average, while 2-bedroom apartments are $1,300.
Listings | ||||
|---|---|---|---|---|
Studio | $695 | No Change | - | |
1 bedroom | $1,050 |  6% | 10% | |
2 bedroom | $1,300 | 2% | 3% | |
3 bedroom | $1,849 | 5% | 11% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Hobbs, NM.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,250 | 1% | No Change | |
Houses | $1,800 | 18% | No Change |
Studio
Average rent
$695
1 bedroom
Average rent
$1,050
Last 30 days
6%
Last year
10%
2 bedroom
Average rent
$1,300
Last 30 days
2%
Last year
3%
3 bedroom
Average rent
$1,849
Last 30 days
5%
Last year
11%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Hobbs, NM.
Apartments
Average rent
$1,250
Last 30 days
1%
Houses
Average rent
$1,800
Last 30 days
18%
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.
How does rent in Hobbs, NM compare to other cities?
Compare median rent prices in Hobbs and Andrews by all bedroom counts and property types.
Hobbs
31%lower than the national median
46%lower than the national median
Takeaway
The median rent for all rentals in Hobbs, NM is 28% higher than the median rent in Andrews, TX.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,037
21%$1,575
4%$1,475
$1,587
26%$1,475
25%$1,425
$1,295
2%$2,300
2%$1,899
17%$1,197
$950
30%$1,550
2%Discover rentals in Hobbs, NM
5d+ ago
Apartment for rent in Hobbs
1200 East Broadway Street , Hobbs, NM, 88240 - 6-602 #6-602, Hobbs, NM 88240
2 beds
1 bath
$832
Apartment for rent
Available Apr 29
3d ago
604 E Alston St, Hobbs, NM 88240
2 beds
1 bath
$850
Apartment for rent
9h ago
Apartment for rent in Hobbs
700 E Park St, Hobbs, NM 88240
2 beds
1 bath
$895
Apartment for rent
5d+ ago
Apartment for rent in Hobbs
1200 East Broadway Street , Hobbs, NM, 88240 - 3-302 #3-302, Hobbs, NM 88240
3 beds
2 baths
$959
Apartment for rent
Available Apr 29
2d ago
House for rent in Hobbs
3 beds
2 baths
$2,700
House for rent
3d ago
Apartment for rent in Hobbs
2820 N Platino Dr, Hobbs, NM 88240
3 beds
2 baths
$2,600
Apartment for rent
5d+ ago
Apartment for rent in Hobbs
3 beds
2 baths
$2,600
Apartment for rent
1d ago
Verified
3901 N Central Dr, Hobbs, NM 88240
1–3 beds
1–2 baths
$1,402–$1,877
Apartment for rent
1d ago
Verified
3901 N Central Dr, Hobbs, NM 88240
1–3 beds
1–2 baths
$1,402–$1,877
Apartment for rent
18h ago
3500 N Fowler St, Hobbs, NM 88240
1–2 beds
1–2 baths
$1,425–$1,625
Apartment for rent
16h ago
1502 E Bender Blvd, Hobbs, NM 88240
1 bed
1 bath
$1,100
Apartment for rent
1d ago
Verified
3901 N Central Dr, Hobbs, NM 88240
1–3 beds
1–2 baths
$1,402–$1,877
Apartment for rent
16h ago
1502 E Bender Blvd, Hobbs, NM 88240
1 bed
1 bath
$1,100
Apartment for rent
5d+ ago
Apartment for rent in Hobbs
1200 East Broadway Street , Hobbs, NM, 88240 - 1-105 #1-105, Hobbs, NM 88240
1 bed
1 bath
$694
Apartment for rent
Available Apr 29
18h ago
3500 N Fowler St, Hobbs, NM 88240
1–2 beds
1–2 baths
$1,425–$1,625
Apartment for rent
9h ago
Townhouse for rent in Hobbs
2 beds
1.5 baths
$1,800
$1,600
Price drop
House for rent
16h ago
1502 E Bender Blvd, Hobbs, NM 88240
1 bed
1 bath
$1,100
Apartment for rent
2d ago
901 E Michigan Dr, Hobbs, NM 88240
1 bed
1 bath
$1,000
Apartment for rent
5d+ ago
Apartment for rent in Hobbs
1122 E Broadway St #B103, Hobbs, NM 88240
1 bed
1 bath
$900
Apartment for rent
Available Apr 29
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Frequently asked questions for Hobbs, NM
Quick answers to common questions about the Hobbs rental market.
How much is rent in Hobbs?
The average rent in Hobbs is $1,331 per month as of August 15, 2026.
Is rent up or down in Hobbs?
Average rent prices in Hobbs have increased by 6% over the last month and have decreased by 2% since last year.
How does Hobbs rent compare to the national average?
Rent in Hobbs is 31% below the national average, which means renters are paying approximately $593 less per month.
What salary do I need to afford rent in Hobbs?
To comfortably afford rent in Hobbs, you'd need to earn approximately $53,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Hobbs?
October offers the best rental deals in Hobbs, with rents running about 14% lower than peak summer prices in June.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).