Cheap Homes for Rent in Hobart, IN from $1,000 (20 Rentals)

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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.

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: 07/11/2026

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$2,515$98813

Cheapest Available Hobart Apartments for Rent

 

The cheapest available apartment rental in Hobart, IN is a 2 Beds unit found at Meadow Lane Apartments in the Liverpool neighborhood priced from $1,180. Huntington Cove Apartments in the Chapel Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,258. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Lane Apartments2BR2BR,1BA$1,180
Huntington Cove ApartmentsA21BR,1BA$1,258
Haven HobartC1p - Renovated2BR,2BA$1,315
Cherry Hill Apartment HomesG3BR,1BA$1,475
Hampshire ParkC12BR,2BA$1,495

Best Value Apartments for Rent in Hobart, IN

As of July 12, 2026 the best value apartment in the Hobart area is the $1.57 price per square foot DTH1 Model at Brixin at Cressmoor Estates in the in the Liverpool neighborhood starting from $2,515. The second greatest value Hobart apartment is the B3p - Renovated Model at Hampshire Park starting at $1,670 with a $1.23 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.
Brixin at Cressmoor EstatesDTH13BR,2.5BA$1.57
Hampshire ParkB3p - Renovated2BR,1BA$1.23
Haven HobartD1p - Renovated3BR,2BA$1.43
Meadow Lane Apartments2BR2BR,1BA$1.14
304 Arthur Ave304 Arthur Ave2BR,1BA$1.53
Nuvo FlatsA12 - 1 Bedroom 1 Bathroom 1BR,1BA$2.47
Broadway Crossing Apartments182BR,1BA$1.95
Huntington Cove ApartmentsA21BR,1BA$1.74

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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Quick Rent Budget Calculator

How much rent can you afford?

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 Hobart

What type of rentals are currently available in Hobart?

There are currently 83 Apartments for Rent in Hobart, IN with pricing that ranges from $950 to $2,647. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobart ranging from $1,025 to $2,975.

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 $1,025 to $2,975 with an average monthly rent of $1,619.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.