Property prices for rent in Hobbs (New Mexico)

The rent prices in real estate in Hobbs, in the New Mexico region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$1,038.67
Average price last 6 months
$1.24
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hobbs has barely changed in the last 6 months. In September, the average price per sq.feet was $1.21. In the following month the price per sq.feet rose to $1.29. In the following two months the price per sq.feet has practically remained the same, going from $1.25 to $1.26 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.26 to $1.21 during January y February

Average price

When referring to the price in Hobbs (cities), there have hardly been any changes in the last 6 months. The average price for September is $1,067. During October the price had a slight fall till $1,009. In the following two months the average price has hardly changed with regard to the previous two months from $1,038 to $1,034.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,036.25 and $1,043.5 between January and February.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,004 they are 4 % more affordable than the average price for Hobbs . The properties with the highest average price have 3 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,093.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.82 / sq.feet, with an average $1.17 / sq.feet price in Hobbs. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.14 / sq.feet.

Price per property type

According to average price per property type in Hobbs, "" priced at $989 is 1 % lower than the average price ($1,004) in this city.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Hobbs
Number of properties used in region New Mexico
$1,004
$1.17
266
16,886
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value