Cheap Apartments for Rent in Hobart, IN from $600 (18 Rentals)

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Element Hobart
1 to 2 Bedroom Apartments

Element Hobart

621 W 39th PlHobart, IN 46342

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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Hobart, IN Local Guide

Cheapest Neighborhoods for Apartments in Hobart, IN

Pricing Updated: 06/12/2026

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$2,179$98816

Cheapest Available Hobart Apartments for Rent

 

The cheapest available apartment rental in Hobart, IN is a 1 Bed unit found at Haven Hobart in the Liverpool neighborhood priced from $1,160. Huntington Cove Apartments in the Chapel Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,217. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Haven HobartA1p - Renovated1BR,1BA$1,160
Huntington Cove ApartmentsA21BR,1BA$1,217
Maple Leaf Apartments2.2A2BR,2BA$1,305
Broadway Crossing Apartments271BR,1BA$1,375
Cherry Hill Apartment HomesJ3BR,1BA$1,388

Best Value Apartments for Rent in Hobart, IN

As of June 12, 2026 the best value apartment in the Hobart area is the $1.31 price per square foot DTH1 Model at Brixin at Cressmoor Estates in the in the Liverpool neighborhood starting from $2,096. 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 at Cressmoor EstatesDTH13BR,2.5BA$1.31
Cherry Hill Apartment HomesG3BR,1.5BA$1.12
5271 Concord Ave, Unit C5271 Concord Ave2BR,1BA$1.27
Haven HobartA1p - Renovated1BR,1BA$1.50
Mallard Bay ApartmentsThe Drake 1 BR 1 BA1BR,1BA$1.87
Huntington Cove ApartmentsA21BR,1BA$1.68
Broadway Crossing Apartments271BR,1BA$2.21

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 $1,160 at Haven Hobart.

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 $1,305 at Maple Leaf Apartments.

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 $1,388.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.