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Apartments in 88240

1 - 25 of 25 Results
7
$1,101
Washington Place
2.3
1405 E. Marland St Hobbs, NM
2 BR | Jan. 8, 2025
Contact
Heat Included
Income Restricted
Air Conditioning
1
$825 - 1,300
Hobbs
2001 E. Clinton Hobbs, NM
1 - 3 BR | Available Now
Contact
Income Restricted
Air Conditioning
0
$858 - 911
Parkside Terrace
4.6
300 E. White St Hobbs, NM
2 - 3 BR | Available Now
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,130 - 1,247
Four Seasons
2.3
2405 N. Jefferson St. Hobbs, NM
1 - 2 BR | Available Now
Contact
2
$1,550 - 1,795
3500 N. Fowler
Hobbs, NM
2 - 3 BR | Dec. 31, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
17
$1,800
Two Bedroom For Rent In Hobbs Nm
7706 N Plainfield Dr Hobbs, NM
2 BR | Available Now
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House
7
$1,300
Bella Terra Apartments
1502 E Bender Blvd Hobbs, NM
2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$950
Sunset
Hobbs, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$900
Calle Sur
Hobbs, NM
2 BR | Available Now
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Storage
Dishwasher
1
$1,000
Wolfcamp Apartments
105 E Wolfcamp Dr Unit 4567 Hobbs, NM
2 BR | Available Now
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Storage
Disability Access
Dishwasher
1
$1,700
1315 E Bender Blvd #3
Hobbs, NM
2 BR | Available Now
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House
Storage
Disability Access
Dishwasher
1
$1,600
Country Property
2801 Lincoln Rd Hobbs, NM
3 BR | Ask for Availability
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House
1
$2,200
3021 Montgomery
Hobbs, NM
2 BR | Available Now
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House
1
$1,750
153 County Rd
Hobbs, NM
3 BR | Available Now
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Dog Friendly
Dishwasher
1
$900
616-716
Hobbs, NM
2 BR | Available Now
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1
$950
2 Bed 1 Bath
2603 Sunset Cir Hobbs, NM
2 BR | Available Now
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House
0
$3,600
4825 W Hardtack Rd
Hobbs, NM
3 BR | Available Now
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Furnished
House
11
$2,200
3606 Cordoba | Hobbs, Nm
3606 Cordoba Ln Hobbs, NM
3 BR | Available Now
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House
Storage
Dishwasher
4
$1,800
1005 Caprock
Hobbs, NM
2 BR | Available Now
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Dog Friendly
House
Disability Access
Dishwasher
7
$995
2 Bed Townhouse
2601 Sunset Cir Hobbs, NM
2 BR | Available Now
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Dog Friendly
House
11
$300 - 450
The Cedars Apartments
501 W Alto St Drive Hobbs, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
9
$850
2 Bedroom
609 W Calle St Hobbs, NM
2 BR | Available Now
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House
0
$2,700
Home In Zia Crossing Subdivision Hobbs Nm
4817 Big Red Hobbs, NM
5 BR | Available Now
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Cat Friendly
House
0
$1,400
900 West Berry | Hobbs
900 W Berry Dr Hobbs, NM
4 BR | Available Now
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House
0
$1,600
300 E. Alston
Hobbs, NM
3 BR | Available Now
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Dog Friendly
House
1 - 25 of 25 Results
  1. Home
  2. Hobbs
  3. 88240

How much does it cost to rent an apartment in 88240?

88240 apartments
Bed Type Average Rent Range
1BR $830 $300 - $1,130
2BR $1,000 $900 - $1,800
3BR $1,300 $920 - $3,390
4+BR $1,400 $1,400 - $1,400
Frequently Asked Questions

How many apartments are available in 88240 on Rentable.co?

Rentable.co has 25 apartments available for rent in 88240.

What is the average rent for an apartment in 88240?

The average rent for an apartment in 88240 is around $1,000 per month.

What is the average rent for a two-bedroom apartment in 88240?

The average rent for a two-bedroom apartment in 88240 is around $1,000 per month.

What is the average rent for a one-bedroom apartment in 88240?

The average rent for a one-bedroom apartment in 88240 is around $825 per month.

Find an Apartment in 88240
Looking for apartments for rent in 88240 Hobbs, NM? Rentable currently has a number of options available in this area. The average rent for these apartments is $1,000, with 1-bedroom units starting at $300.

Whether you're searching for a studio, one-bedroom, or two-bedroom apartment, there are 54 units to choose from.

Don't miss out on the opportunity to find your perfect rental in the 88240 zip code. Take a look at Rentable's apartments near 88240 and start your search today.

Hobbs:
December Rent Report

Welcome to the December 2024 Hobbs Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Hobbs rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hobbs and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hobbs average rent prices in the chart below.

Monthly Rent Report

$1,300
$980
$650
$330
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Hobbs Rent Prices Decrease From November to December

Hobbs rent prices decreased over the last month. From November to December, the city experienced a -0.47% decrease for the price of a one-bedroom apartment. The rent price for a Hobbs one-bedroom apartments currently stands at $839.0.

When we take a look at the two-bedroom comparison from November to December, Hobbs experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Hobbs two-bedroom apartments currently stands at $1,000.0.

December Prices: Hobbs vs. Surrounding Areas

Rent Prices in Hobbs and Surrounding Areas

Rent prices have decreased in Hobbs over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hobbs suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Hobbs suburbs

  • Rents did not decrease in any of the Hobbs suburbs.

December 2024 Pricing Trends: Hobbs vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Hobbs Rent Prices More Affordable Than Major Cities

Rent growth in Hobbs over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Hobbs average rent prices appear to be relatively affordable for local residents.

The price for a Hobbs one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hobbs and surrounding area rent prices, take a look at the complete data set below.

Data set for Hobbs and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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