As of April 2024 the median rental rate in Hobbs is $1,257 which is $6 (1%) more than the median of $1,251 for Lea County, $115 (8%) less than the median of $1,372 for New Mexico and $340 (21%) less than the median of $1,597 for the United States.
Median | 1 Bed | 2 Beds | 3 Beds | |
---|---|---|---|---|
Hobbs | $1,257 | $901 | $1,189 | $1,682 |
Lea County | $1,251 | $933 | $1,184 | $1,637 |
New Mexico | $1,372 | $1,044 | $1,327 | $1,744 |
United States | $1,597 | $1,236 | $1,565 | $1,989 |