Lobo Canyon is a census-designated place (CDP) in Cibola County, New Mexico, United States. As of the 2020 census, Lobo Canyon had a population of 146. It was first listed as a CDP prior to the 2020 census.
The CDP is in northern Cibola County, northeast of Grants, the county seat. It is along New Mexico State Road 547 in a valley called Lobo Canyon, at the base of La Jara Mesa.