Cheap Apartments for Rent in Hobart, IN

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Apartments For Rent Near Hobart, IN

We found 30 more apartments matching your filters just outside Hobart

Average Rent Trends in Hobart, IN

Rent in Hobart, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Sep 2025$1,500
Oct 2025$1,375
Nov 2025$1,350
Dec 2025$1,500
Jan 2026$1,310
Feb 2026$1,323
Mar 2026$1,327
Apr 2026$1,370
May 2026$1,358
Jun 2026$1,400
Jul 2026$1,200
Aug 2026$1,295
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Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,166$1,374$1,650—$1,311
Townhomes$2,800—$1,490—$1,490
Apartments and Condos$1,200$1,311——$1,100
Houses—$1,465$1,650—$1,600
See more information about local market trends in Hobart, IN

Frequently Asked Questions about Rentals in Hobart, IN

  • What is the average rent of an apartment in Hobart, IN?
    The average rent of an apartment in Hobart, IN is $1,279 per month. This is about 35% lower than the national average.
  • When is the average rent cheapest in Hobart, IN?
    In the last year, the average rent in Hobart, IN was lowest in Mar 2025 when it was $1,275 per month.
  • When is the average rent most expensive in Hobart, IN?
    In the last year, the average rent in Hobart, IN was highest in Jun 2025 when it was $1,616 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Hobart, IN?
    The average rent of a 1 bedroom apartment in Hobart, IN is $1,166 per month. That is about $171 more than the cost of a studio apartment.
  • How many available rental listings are in Hobart, IN?
    There are 76 available rental listings in Hobart, IN.
  • What are some neighborhoods in Hobart, IN?
    Some neighborhoods in Hobart, IN include: Mundell, Cressmoor Prairie, Hobart Marsh, 10th Street, Liberty.
  • What are some zip codes in Hobart, IN?
    Hobart, IN includes zip codes such as: 46342.
  • What are some cities near Hobart, IN?
    Some nearby cities include: New Chicago, Lake Station, Merrillville, Portage, Gary. These cities may have more rental options to explore.
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