What's the average rent in Hobart, IN?
Rental Market Trends in Hobart, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Hobart, IN is $1,209 per month, which is 38% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$1,209
-7.0%-$91 decrease month-over-month
-12.1%-$166 decrease year-over-year
AVAILABLE RENTALS
80
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, apartments are the most affordable rental option in Hobart, IN at $1,217 per month, while townhomes are the most expensive at $1,400 per month. Houses average $1,375 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,375 |
| 4 Bedrooms | — |
| All | $1,209 |
As of September 2026, the average rent for a 1 bedroom rental in Hobart, IN is $1,200 per month, followed by $1,350 for a 2 bedroom rental, and $1,375 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,800 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,400 |
As of September 2026, the average rent for a 1 bedroom townhome in Hobart, IN is $2,800 per month, followed by $1,400 for a 2 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | — |
| All | $1,200 |
As of September 2026, the average rent for a 1 bedroom apartment in Hobart, IN is $1,200 per month, followed by $1,300 for a 2 bedroom apartment, and $1,450 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,465 |
| 3 Bedrooms | $1,375 |
| 4 Bedrooms | — |
| All | $1,375 |
As of September 2026, the average rent for a 2 bedroom house in Hobart, IN is $1,465 per month, followed by $1,375 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -18% compared to the previous year, which is a $267 decrease.
This year (2026)
Last year (2025)
Rent distribution
91% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $995 to $2,800.