Cheap Apartments for Rent in Hobart, IN from $600 (15 Rentals)

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Element Hobart
1 to 2 Bedroom Apartments

Element Hobart

621 W 39th PlHobart, IN 46342
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2729 New Jersey St
$950 - $1,150
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$950 - $1,150

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$950 - $1,150
2 to 3 Bedroom Apartment Available Now

2729 New Jersey St

2729 New Jersey StLake Station, IN 46405
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Marines Landing
2 Bedroom Apartments

Marines Landing

5155 Georgia StGary, IN 46409
  • Utilities Included
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Swanson Court Apartments
Studio to 2 Bedroom Apartments

Swanson Court Apartments

5656 Willowdale LnPortage, IN 46368
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Hobart, IN Local Guide

Cheapest Neighborhoods for Apartments in Hobart, IN

Pricing Updated: 04/28/2026

Current apartment rentals in the Hobart, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Hobart Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cressmoor$2,000$1,0003

Cheapest Available Hobart Apartments for Rent

 

The cheapest available apartment rental in Hobart, IN is a 1 Bed unit found at Hampshire Park in the Liverpool neighborhood priced from $1,205. Haven Hobart in the Liverpool neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,310. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hampshire ParkA11BR,1BA$1,205
Haven HobartC1p - Renovated2BR,2BA$1,310
Mallard Bay ApartmentsThe Drake 1 BR 1 BA1BR,1BA$1,468
Cherry Hill Apartment HomesG3BR,1BA$1,475
Broadway Crossing Apartments182BR,1BA$1,520

Best Value Apartments for Rent in Hobart, IN

As of April 28, 2026 the best value apartment in the Hobart area is the $1.37 price per square foot DTH1 Model at Brixin Townhomes at Cressmoor Estates in the in the Liverpool neighborhood starting from $2,201. The second greatest value Hobart apartment is the G Model at Cherry Hill Apartment Homes starting at $1,475 with a $1.12 price per square foot in the Garyton neighborhood. Here is today’s list of the best values for Hobart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brixin Townhomes at Cressmoor EstatesDTH13BR,2.5BA$1.37
Cherry Hill Apartment HomesG3BR,1.5BA$1.12
Nuvo FlatsD12 - 2 Bedroom 2 Bathroom2BR,2BA$1.80
Haven HobartD1p - Renovated3BR,2BA$1.43
Hampshire ParkA11BR,1BA$1.27
Broadway Crossing Apartments182BR,1BA$1.95
Mallard Bay ApartmentsThe Drake 1 BR 1 BA1BR,1BA$1.90
Huntington Cove ApartmentsA21BR,1BA$1.67
2729 New Jersey St2729 New Jersey St2BR,1BA$1.58

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Hobart Apartments

How much is rent for a Cheap One Bedroom Hobart Apartment?

The lowest price for a Cheap One Bedroom Hobart Apartment is $1,205 at Hampshire Park.

What is the lowest price for a Cheap Two Bedroom Hobart Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hobart is starting from $1,310 at Haven Hobart.

What is the most affordable Hobart Three Bedroom Apartment?

The best deal on a cheap Hobart Three Bedroom Apartment rental is at Cherry Hill Apartment Homes and starts from $1,475.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.