Cheap Homes for Rent in Hobart, IN from $700 (11 Rentals)

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Search the lowest-cost Homes 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: 06/25/2025

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$1,725$1,0908

Cheapest Available Hobart Apartments for Rent and Nearby

 

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 $990. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowlane Apartments1BR/ 1BA1BR,1BA$985
Haven HobartA1p - Renovated1BR,1BA$990
Hampshire ParkA11BR,1BA$1,100
Cherry Hill Apartment HomesB2BR,1BA$1,288
Huntington Cove ApartmentsB22BR,2BA$1,508

Best Value Apartments for Rent in Hobart, IN and Nearby

As of June 25, 2025 the best value apartment in the Hobart area is the $0.98 price per square foot B Model at Cherry Hill Apartment Homes in the in the Garyton neighborhood starting from $1,288. 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.
Cherry Hill Apartment HomesB2BR,1.5BA$0.98
5041 Jefferson St, Unit 50415041 Jefferson St2BR,1BA$0.95
Mallard Bay ApartmentsThe Reflection 2 BR 2 BA2BR,2BA$1.82
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Huntington Cove ApartmentsB22BR,2BA$1.48
Hampshire ParkA11BR,1BA$1.16
Haven HobartA1p - Renovated1BR,1BA$1.28
Furnished Studio-Merrillville - US Rte. 30Furnished Studio-Merrillville - US Rte. 30Studio ,1BA$6.60

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Frequently Asked Questions about Hobart

What type of rentals are currently available in Hobart?

There are currently 81 Apartments for Rent in Hobart, IN with pricing that ranges from $798 to $3,738. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobart ranging from $700 to $2,600.

What is the current price range for Rental Homes in Hobart?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hobart ranges from $700 to $2,600 with an average monthly rent of $1,346.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.