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-Hobbs, New Mexico began as a small homestead in 1907 and transformed into an energy-producing hub after the discovery of oil in 1927. Located just four miles from the Texas border in eastern New Mexico, this desert city combines small-town living with essential amenities. The average rent for a one-bedroom apartment is $1,117, with larger two-bedroom options averaging $1,389.
Residents of Hobbs have access to several outdoor spaces, including Del Norte Park and Harry McAdams Park. The Zia Park Casino, Hotel & Racetrack serves as a major entertainment destination. North Turner Street and Joe Harvey Boulevard feature shopping centers and local establishments, while the north side of town offers newer residential developments.
The local economy centers on energy production, healthcare, and education. Both the University of the Southwest and New Mexico Junior College call Hobbs home, contributing to the city's educational landscape. U.S. Routes 62/180 provide convenient access to neighboring communities, including Seminole, Texas, 29 miles away. The semiarid climate brings sunny days throughout the year, with warm summers and moderate winters.
Frequently Asked Questions
Average Rent Rates
What's the average rent for an apartment in Hobbs, NM?
Apartment averages in Hobbs, NM varies based on size.
- $1,096 for a 1-bedroom apartment in Hobbs, NM
- $1,411 for a 2-bedroom apartment in Hobbs, NM
- $1,710 for a 3-bedroom apartment in Hobbs, NM
Rental Requirements
Can I find a short-term apartment in Hobbs, NM?
There are 48 short-term apartments in Hobbs, NM.
Transportation
How do people usually get around Hobbs, NM?
Residents in Hobbs, NM usually get around by car. According to Walk Score, Hobbs, NM falls within the Car Dependent range.














