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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,600 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,300 |
As of May 2026, the average rent for a 1 bedroom townhome in Hobart, IN is $2,600 per month, followed by $2,300 for a 2 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,095 |
| 3 Bedrooms | $1,722 |
| 4 Bedrooms | — |
| All | $1,120 |
As of May 2026, the average rent for a 1 bedroom apartment in Hobart, IN is $1,120 per month, followed by $1,095 for a 2 bedroom apartment, and $1,722 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,751 |
| 4 Bedrooms | $1,800 |
| All | $1,751 |
As of May 2026, the average rent for a 2 bedroom house in Hobart, IN is $1,110 per month, followed by $1,751 for a 3 bedroom house, and $1,800 for a 4 bedroom house.
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.