Apartments Near University of the Southwest
Your 2026 guide to finding affordable, student-friendly housing in Hobbs, NM — with real prices, best neighborhoods, and tips to avoid common mistakes.
Average 1BR Rent
$900/mo
Best Neighborhoods
Hobbs Heights · East Side
Walk to Campus
5–20 min walk
Housing Near University of the Southwest: What to Expect
University of the Southwest enrolls 337 students, creating steady demand for off-campus housing in Hobbs, NM. Most students move off-campus after their first or second year either to save money or gain more independence.
Rent near campus ranges from $750/mo for a studio to $1,200/mo for a 2-bedroom — with 3 and 4-bedroom shared units often bringing individual rent down to $500–$750/person/mo.
The area is one of the more affordable student markets in the U.S., with strong value for renters willing to shop around.
Apartment Listings Near University of the Southwest
Representative listings — prices reflect current market rates for Hobbs, NM.
The Square
Best ValueNewly built riverfront complex with floor-to-ceiling windows and kayak storage.
$594–$700/mo
Studio · 1 BA · 0.3 mi from campus
Park Station
Most PopularHigh-rise living with panoramic views, rooftop pool, and concierge service.
$719–$850/mo
1 BR · 1 BA · 0.5 mi from campus
Scholar Village
Modern open-plan lofts 2 blocks from the main quad. Pet-friendly, utilities included.
$996–$1,150/mo
2 BR · 1 BA · 0.7 mi from campus
Park Court
Quiet residential complex with off-street parking, covered bike storage, and a community garden.
$1,401–$1,600/mo
3 BR · 2 BA · 0.9 mi from campus
Scholar Terrace
Quiet study-focused community with fiber internet and soundproofed bedrooms.
$800–$900/mo
1 BR · 1 BA · 1.1 mi from campus
College Court
New BuildingHigh-rise living with panoramic views, rooftop pool, and concierge service.
$983–$1,150/mo
2 BR · 2 BA · 1.4 mi from campus
Summit Commons
Well-maintained mid-rise with 24/7 security, a fitness center, and direct bus access to campus.
$1,214–$1,400/mo
4 BR · 2 BA · 1.6 mi from campus
Best Areas to Live Near University of the Southwest
Hobbs Heights
The closest neighborhood to University of the Southwest's main entrance. Walk to class in minutes — coffee shops and convenience stores line the main strip.
East Side
A lively area with bars, restaurants, and weekend activity. Ideal if you want a social scene steps from your apartment.
Westgate
Quieter residential streets with single-family homes converted into multi-unit rentals. More space, lower prices, a short bike ride to campus.
South Campus
Downtown location with walkable access to the transit hub, employers, and city amenities — best for students with internships or part-time jobs.
Cost of Living Near University of the Southwest
Student Housing Tips
Start Early
The best apartments near campus get leased 6–9 months before move-in. If you want August housing, start searching in January–February.
Read the Lease
Check: who pays utilities, guest policies, subletting rules, and what happens if a roommate leaves. Never sign anything you haven't fully read.
Choose Roommates Carefully
Split a 3–4 bedroom and each person's share drops by 30–40%. Use a roommate agreement to align on noise, guests, cleanliness, and bills.