What's the average rent in Hobart, IN?

Rental Market Trends in Hobart, IN

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Hobart, IN is $1,250 per month, which is 35% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,250
-8.9%
-$122 decrease month-over-month
-3.5%
-$45 decrease year-over-year

AVAILABLE RENTALS

70

APARTMENTS

$1,150

HOUSES

$1,751

TOWNHOUSES

$2,300
As of May 2026, apartments are the most affordable rental option in Hobart, IN at $1,150 per month, while townhomes are the most expensive at $2,300 per month. Houses average $1,751 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,168
2 Bedrooms$1,110
3 Bedrooms$1,756
4 Bedrooms$1,800
All$1,250
As of May 2026, the average rent for a 1 bedroom rental in Hobart, IN is $1,168 per month, followed by $1,110 for a 2 bedroom rental, $1,756 for a 3 bedroom rental, and $1,800 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +5% compared to the previous year, which is a +$63 increase.
This year (2026)
Last year (2025)

Rent distribution

50% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $1,000 to $2,600.
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