What's the average rent in Hobart, IN?

Rental Market Trends in Hobart, IN

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

$1,217

HOUSES

$1,375

TOWNHOUSES

$1,400
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 typeAverage 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.

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.
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