Cheap Apartments for Rent in Hobart, IN from $600 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hobart.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Hobart, IN Local Guide

Cheapest Neighborhoods for Apartments in Hobart, IN

Pricing Updated: 06/12/2025

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$1,370$1,0007

Cheapest Available Hobart Apartments for Rent

 

The cheapest available apartment rental in Hobart, IN is a 1 Bed unit found at Meadowlane Apartments in the Liverpool neighborhood priced from $985. Haven Hobart in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowlane Apartments1BR/ 1BA1BR,1BA$985
Haven HobartA11BR,1BA$1,000
Maple Leaf Apartments2.2C2BR,2BA$1,275

Best Value Apartments for Rent in Hobart, IN

As of June 12, 2025 the best value apartment in the Hobart area is the $1.28 price per square foot C1p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,790. The second greatest value Hobart apartment is the 5041 Jefferson St Model at 5041 Jefferson St, Unit 5041 starting at $1,100 with a $0.95 price per square foot in the Liverpool 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.
Hampshire ParkC1p - Renovated2BR,2BA$1.28
5041 Jefferson St, Unit 50415041 Jefferson St2BR,1BA$0.95
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Huntington Cove ApartmentsB22BR,2BA$1.52
Maple Leaf Apartments2.2C2BR,2BA$1.28
Mallard Bay ApartmentsThe Shoreline 2 BR 1 BA2BR,1BA$1.80
Haven HobartA11BR,1BA$1.29
Furnished Studio-Merrillville - US Rte. 30Furnished Studio-Merrillville - US Rte. 30Studio ,1BA$6.73

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

Explore Hobart, IN Rentals by Map

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Getting Around Hobart, IN

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $985 at Meadowlane Apartments.

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 $1,120 at Meadowlane Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.