Cheap Homes for Rent in Hobart, IN from $700 (13 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.

Hobart, IN Local Guide

Cheapest Neighborhoods for Apartments in Hobart, IN

Pricing Updated: 05/27/2026

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$89819

Cheapest Available Hobart Apartments for Rent

 

The cheapest available apartment rental in Hobart, IN is a 2 Beds unit found at Kirby Manor in the Liverpool neighborhood priced from $898. Haven Hobart in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,160. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kirby ManorTwo Bedroom2BR,1BA$898
Haven HobartA1p - Renovated1BR,1BA$1,160
Huntington Cove ApartmentsA2E1BR,1BA$1,326
Broadway Crossing Apartments271BR,1BA$1,375
Cherry Hill Apartment HomesJ3BR,1BA$1,388

Best Value Apartments for Rent in Hobart, IN

As of May 28, 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
Nuvo FlatsD11 - 2 Bedroom 2 Bathroom2BR,2BA$1.89
5271 Concord Ave, Unit Unit C5271 Concord Ave2BR,1BA$1.27
Kirby ManorTwo Bedroom2BR,1BA$1.01
Huntington Cove ApartmentsA2E1BR,1BA$1.56
Haven HobartA1p - Renovated1BR,1BA$1.50
Mallard Bay ApartmentsThe Drake 1 BR 1 BA1BR,1BA$1.98
Broadway Crossing Apartments271BR,1BA$2.21
2313 Georgia St, Unit Unit b2313 Georgia StStudio ,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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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 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 $898 to $2,652. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobart ranging from $750 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 $750 to $2,975 with an average monthly rent of $1,495.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.