Cheap Apartments for Rent in Hobart, IN from $850 (30 Rentals)

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Element Hobart
1 to 2 Bedroom Apartments

Element Hobart

621 W 39th PlHobart, IN 46342

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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East Apartments
1 to 2 Bedroom Apartments

East Apartments

215 East StHobart, IN 46342

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Marines Landing
2 Bedroom Apartments

Marines Landing

5155 Georgia StGary, IN 46409
  • Utilities Included
property at 3964-74 Washington St
$795

Total Monthly Price

Base Rent$795

Total Monthly Price$795
1 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

3964-74 Washington St, Unit 2f

3964-74 Washington St
GaryIN46408
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Swanson Court Apartments
Studio to 2 Bedroom Apartments

Swanson Court Apartments

5656 Willowdale LnPortage, IN 46368
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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.

Hobart, IN Local Guide

Cheapest Neighborhoods for Apartments in Hobart, IN

Pricing Updated: 09/12/2026

Current apartment rentals in the Hobart, IN area range in price from $1,018 to $1,820 with an overall median price of $1,385. Here is today’s list neighborhoods with the lowest median pricing for Hobart Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cressmoor$1,385$1,01811

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. Meadow Lane Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,180. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Haven HobartA1p - Renovated1BR,1BA$1,160
Meadow Lane Apartments2BR2BR,1BA$1,180
Maple Leaf Apartments2.1A2BR,1BA$1,285
Hampshire ParkB32BR,1BA$1,355
Mallard Bay ApartmentsThe Shoreline 2 BR 1 BA2BR,1BA$1,860

Best Value Apartments for Rent in Hobart, IN

As of September 12, 2026 the best value apartment in the Hobart area is the $1.30 price per square foot C1p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,820. The second greatest value Hobart apartment is the 2BR Model at Meadow Lane Apartments starting at $1,180 with a $1.14 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$1.30
Meadow Lane Apartments2BR2BR,1BA$1.14
Mallard Bay ApartmentsThe Reflection 2 BR 2 BA2BR,2BA$1.91
Maple Leaf Apartments2.2C2BR,2BA$1.33
5271 Concord Ave, Unit Unit B5271 Concord Ave2BR,1BA$1.22
Haven HobartA1p - Renovated1BR,1BA$1.50

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 $1,110 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 $1,180 at Meadow Lane Apartments.

What is the most affordable Hobart Three Bedroom Apartment?

The best deal on a cheap Hobart Three Bedroom Apartment rental is at Haven Hobart and starts from $1,780.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.