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Verified

Pet Friendly

Dishwasher

514 W Ave

Hobbs, NM 88240 - Lea County

House

4 beds

2 baths

1,600 sqft

About 514 W Ave

Check out this charming 4-bedroom, 2-bathroom home now available in Lovington. This home includes a covered porch, a formal dining area and a kitchen with appliances. This home offers a spacious layout with abundant natural light and ample room for comfortable living. Fees: Rent: $1650. Deposit: $1650. Renter's insurance is required. Tenant would have to cover: water, gas, electricity (and other non-essential utilities like internet/cable, etc). Application Fee: $50 per applicant. Pet deposit: non-refundable $250. Pet rent: $35 per pet each month. Late fees are 5% of the rent and are charged on the 6th if the balance is not paid. Non-sufficient fund: $35. Replacement key: $5. Online payment fee: Credit Card: 2.99% of the total amount per transaction, Debit Card: $9.99 per transaction. Stove & Dishwasher. Dogs Allowed.

RentalSource last checked: June 12, 2026 · 2:31 PM ET

Last updated: June 4, 2026 at 2:12 PM ET

Managed by: Nexus Property Management · (575) 631-1061 · Appfolio

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	House
Rental Fee:	$1,650
Bedrooms:	4 beds
Bathrooms:	2 baths

Size:	1,600 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	83752032

Property Amenities

• Balcony/Patio

• Dishwasher

• High-Speed Internet

• Pet Friendly

Additional Details

House for rent in Hobbs for $1,650 with 4 beds, 2 baths, 1,600 sqft, pet friendly and located at 514 W Ave in Hobbs, NM 88240. The rental price of $1,650 is 42.4% ($491) higher than the average rent of $1,159 for houses in Hobbs, NM and 41.9% ($487) higher than the average rent of $1,163 for houses in Lea County. 514 W Ave was advertised by Nexus Property Management on June 4, 2026 at 10:43 AM ET and last checked today at 2:31 PM ET.

Affordability Calculator

Can I afford to live at 514 W Ave?

Bedrooms

4 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$66,000 /year

With your chosen rent-to-income ratio, an annual income of $66,000 is recommended to comfortably afford this 4-bedroom rental priced at $1,650 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

House for rent

$1,650

Rent Affordability Calculator

Interested in 514 W Ave?

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Property managed by:

Nexus Property Management
(575) 631-1061

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.