Apartments for Rent in Hobbs, NM

Prices and availability in Hobbs, NM were last updated on 26 May 2026.

The best apartments in Hobbs, NM are: Homestead Apartments and Oak Manor Villas - Hobbs.

The price range for a 2-bedroom apartment in Hobbs, NM is between $1,035 and $1,575.

The price range for a 3-bedroom apartment in Hobbs, NM is between $1,775 and $1,975.

In Hobbs 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 6% of Hobbs's apartments are found in large buildings of 50 units or more, 38% are located in smaller apartment complexes with less than 50 units, and 41% are single-family rentals.

The average age of rental buildings in Hobbs is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Hobbs are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.