City
Average Rent in Hobbs, New Mexico
Hobbs is a city in New Mexico. It ranks #24 out of 59 for places to rent. Hobbs is in
the county of
Lea County and the metropolitan area of
Hobbs, NM MSA. Dwellsy has rental data for Hobbs includes the zip code of
88240, no sections, no neighborhoods and no rental communities with places to rent.The average rent over the last 3 months for places in Hobbs is $1,555 which represents an increase of 9.99% over the same period.
The most expensive zip code in Hobbs to rent places is 88240 with an average rent of $1,554. The least expensive zip code in Hobbs to rent places is 88240 with an average rent of $1,554.
Rental Price Comparison
The average rent for places in city Hobbs currently stands at $1,555.
In comparison, places in the largest zip, specifically 88240, is less expensive, with an average rent of $1,554. This represents no difference when compared to Hobbs.
Meanwhile, in the average state of New Mexico, the average rent for the same type of housing is $1,487, showing a less expensive of -4% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a more expensive by +20% when compared to the rent in Hobbs.
$1,555
Hobbs
VS$1,554
88240, zip
$1,487
-4%
NM, state
$1,859
+20%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
Zip Codes in Hobbs, NM
88240$1,554
