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 August 2026, the average rent in Hobart, IN is $1,200 per month, which is 39% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,200
-10.8%-$145 decrease month-over-month
-9.3%-$124 decrease year-over-year
AVAILABLE RENTALS
74
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Hobart, IN at $1,115 per month, while townhomes are the most expensive at $2,800 per month. Houses average $1,600 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,095 |
| 2 Bedrooms | $1,325 |
| 3 Bedrooms | $1,780 |
| 4 Bedrooms | $2,100 |
| All | $1,200 |
As of August 2026, the average rent for a 1 bedroom rental in Hobart, IN is $1,095 per month, followed by $1,325 for a 2 bedroom rental, $1,780 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,800 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,800 |
As of August 2026, the average rent for a 1 bedroom townhome in Hobart, IN is $2,800 per month, followed by $1,150 for a 2 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,095 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $995 |
As of August 2026, the average rent for a 1 bedroom apartment in Hobart, IN is $950 per month, followed by $1,095 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,465 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $2,100 |
| All | $1,600 |
As of August 2026, the average rent for a 2 bedroom house in Hobart, IN is $1,465 per month, followed by $1,650 for a 3 bedroom house, and $2,100 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -2% compared to the previous year, which is a $20 decrease.
This year (2026)
Last year (2025)
Rent distribution
71% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $935 to $2,800.