Cheap Homes for Rent in Hobart, IN from $700 (16 Rentals)

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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.

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.

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.

Hobart, IN Local Guide

Cheapest Neighborhoods for Apartments in Hobart, IN

Pricing Updated: 09/29/2025

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$2,096$98811

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 $1,025. Meadowlane Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Haven HobartA1p - Renovated1BR,1BA$1,025
Meadowlane Apartments2BR/ 1BA2BR,1BA$1,120
Hampshire ParkA1p - Renovated1BR,1BA$1,275
Maple Leaf Apartments2.2B2BR,2BA$1,275
Huntington Cove ApartmentsA21BR,1BA$1,314

Best Value Apartments for Rent in Hobart, IN

As of September 29, 2025 the best value apartment in the Hobart area is the $1.02 price per square foot I Model at Cherry Hill Apartment Homes in the in the Garyton neighborhood starting from $1,349. The second greatest value Hobart apartment is the 2BR/ 1BA Model at Meadowlane Apartments starting at $1,120 with a $1.08 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 HomesI3BR,1.5BA$1.02
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Maple Leaf Apartments2.2B2BR,2BA$1.28
Haven HobartC1p - Renovated2BR,2BA$1.28
Hampshire ParkA1p - Renovated1BR,1BA$1.34
Mallard Bay ApartmentsThe Drake 1 BR 1 BA1BR,1BA$2.14
Huntington Cove ApartmentsA21BR,1BA$1.81
Furnished Studio-Merrillville - US Rte. 30Furnished Studio-Merrillville - US Rte. 30Studio ,1BA$5.80

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

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Frequently Asked Questions about Hobart

What type of rentals are currently available in Hobart?

There are currently 84 Apartments for Rent in Hobart, IN with pricing that ranges from $798 to $3,358. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobart ranging from $700 to $2,325.

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 $2,325 with an average monthly rent of $1,239.

How much are larger Three and Four Bedroom Rentals in Hobart?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hobart range from $1,300 to $3,358, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,325. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,400.

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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.