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Low Income Apartments for Rent in Hobbs, NM

52 Rentals
.
  1. New Leaf Apartments, 1601 E Marland St, Hobbs, NM, 88240 - New Leaf
    Exceptional Value
    1 BED
    $1,107+
    2 BEDS
    $726+
    3 BEDS
    $1,000+

    New Leaf

    1601 E Marland St, Hobbs, NM 88240
  2. Park Place Apartments, 920 E Michigan Ave Hobbs, NM, 88240 - Park Place
    Exceptional Value
    1 BED
    $830+
    2 BEDS
    $996+
    3 BEDS
    $1,151+

    Park Place

    920 E Michigan Ave, Hobbs, NM 88240
  3. Good Value
    1 BED
    $1,026+
    2 BEDS
    $1,224+
    3 BEDS
    $1,411+

    Skyview Terrace

    3600 N Skyview St, Hobbs, NM 88240

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Hobbs at a Glance

Average Rent

$1,139
(All bedrooms and property types)
Learn more about
Average Rent in Hobbs
6

School Rating

out of 10 Rating
Learn more about
Schools in Hobbs
0

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Hobbs
40

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Hobbs

Hobbs, NM Apartments for Rent

Located in eastern New Mexico, Hobbs offers apartments for rent at competitive prices in this thriving energy sector community. Founded in 1907 as a small homestead, Hobbs transformed following the discovery of oil in 1927 and now serves as the principal city of Lea County with a population of over 40,000. The city's strong economy centers on energy production, providing steady employment opportunities for residents.

Apartments for rent in Hobbs are situated near essential amenities, including the Zia Park Casino, Hotel and Racetrack, the University of the Southwest campus, and New Mexico Junior College. The average rent for a one-bedroom apartment is approximately $1,117, reflecting an 11% increase from the previous year. The area experiences a semi-arid climate with warm summers and mild winters, featuring more than 300 days of sunshine annually.

Renting in Hobbs

Average Rental Rates and Apartment Sizes

Getting Around Hobbs

Transportation

38

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
40

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
0

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
Hobbs High

Public High School

Public
Grades 9-12
2,216 Students
GreatSchools Rating
Hobbs Freshman High

Public High School

Public
Grades 9-10
772 Students
GreatSchools Rating
Houston Middle School

Public Middle School

Public
Grades 6-9
843 Students
GreatSchools Rating
Highland Middle School

Public Middle School

Public
Grades 6-8
840 Students
GreatSchools Rating
Heizer Middle School

Public Middle School

Public
Grades 6-8
606 Students
GreatSchools Rating
Coronado Elementary

Public Elementary School

Public
Grades K-5
368 Students
GreatSchools Rating
College Lane Elementary

Public Elementary School

Public
Grades K-5
519 Students
GreatSchools Rating
Sanger Elementary

Public Elementary School

Public
Grades K-5
393 Students
GreatSchools Rating
Broadmoor Elementary

Public Elementary School

Public
Grades K-5
333 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Hobbs

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