Rent pulse
Rents in Hobbs are $15 above the Lea County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Compare 5 local companies in Hobbs (4 with an office in the city, 1 that serves the area). Pick up to 3 and send one free quote request.
Takes about 1 minute. 8 short questions.
Do you need a property manager for a rental you own?
Your request goes to the managers you pick, or to the 3 top Best match managers in Hobbs. You see who before you send.
Top rated
Highest Best match score
Most reviewed
1 Google reviews, 5★
Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.
Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.
215 W Broadway St suite 9, Hobbs, NM 88240
Nexus Property Management manages single-family homes, multi-unit buildings and commercial property in Hobbs, offering tenant screening, leasing, rent collection, maintenance, round-the-clock support and real estate sales.
Review summary: Reviewers often describe friendly, respectful office staff who respond quickly and try to handle repairs promptly.
3420 N Grimes St, Hobbs, NM 88240
Rivas Property Management is a Hobbs company that handles marketing and leasing, tenant screening, maintenance coordination, rent collection and financial reporting for property owners, and lists rentals in the Hobbs area.
Serves the Hobbs area · no public office address, so no map pin
JLO Enterprise is listed as a property management company serving the Hobbs area of New Mexico; the listing gives few details about the properties it handles.
726 E Michigan Dr, Hobbs, NM 88240
The Phoenix Property Management is a Hobbs, New Mexico company that rents and manages apartments, houses and townhomes in the Hobbs area, with a simple application process for prospective renters.
700 E Navajo Dr, Hobbs, NM 88240
Hobbs Property Management manages single-family homes, townhouses and condos in Hobbs, New Mexico, offering full management, tenant placement services and real estate sales.
In their words: “We also offer tenant placement services to help you find the perfect rental home.”
No company matches all of these filters.
The map needs JavaScript. Every company's address is in its card.
Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the Hobbs area" and get no pin.
Get the latest rental and real estate data on the Hobbs market. We update these charts with the latest data on the 22nd of each month.
Rents in Hobbs are $15 above the Lea County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rent rose in 9 of the last 12 months: +$131 in all since Oct 2025.
Green: rent went up that month. Grey: it went down.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Hobbs's typical asking rent is $15 (1.0%) above the county. The gap is growing compared with a year ago.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rents here usually rise most in April, October and December, so those are good months to list your rental.
Average change from the month before, 3 years of data.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
| City | Typical rent | 1 year | Managers |
|---|---|---|---|
| Hobbs | $1,484 | +9.7% | 5 |
| Albuquerque | $1,452 | +1.3% | 44 |
| Santa Fe | $1,956 | +0.6% | 10 |
| Rio Rancho | $1,867 | +1.8% | 7 |
| Farmington | $1,535 | +4.2% | 6 |
Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Lea County, NM. Used to set Housing Choice Voucher (Section 8) limits.
Ask every manager the same questions and get the answers in writing, so you can compare quotes fairly.
Tick them off as you go. Nothing here is saved or sent.
Compare the 5 property management companies in Hobbs, Lea County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step.
Zillow's typical asking rent in Hobbs is $1,484 (September 2026); +9.7% over the past year. About 34% of homes in Hobbs are rented, and the rental vacancy rate is 9.8% (Census, 2020-2024).
We list 5 property management companies in Hobbs, NM: 4 with an office in the city and 1 that serve the area from elsewhere or without a public office address.
Zillow's typical asking rent in Hobbs was $1,484 a month in September 2026, +9.7% on a year earlier.
Over the 3 years Zillow has tracked, asking rents here have risen most in April, October and December. Listing in those months can help, but every property is different.
Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.
The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.
Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.