
Cheap Homes for Rent in Hobart, IN from $1,000 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Hobart.


2572-76 Van Buren Pl

2476 Pennsylvania St

4941 Jefferson St

4057 Rhode Island Ct.

2668 Connecticut St
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.

669 Lake St

2166 Wisconsin St

5372-5372 Plaza Ave

1118 Benton St

2355-2355 Hickory St

4049 Tennessee St
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.

4028 Martin Luther King Dr

2435 Diamond St

4018 Tyler St

3957 Maryland St

5073 Kentucky St

4744 Delaware St
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.

2425 Prospect St

5247 Concord Ave
Hobart, IN Local Guide

How much does it cost to rent a home in Hobart?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hobart 2 Bedroom Homes for Rent | $1,271 | $1,025 | $1,800 |
| Hobart 3 Bedroom Homes for Rent | $1,706 | $1,050 | $2,975 |
| Hobart 4 Bedroom Homes for Rent | $1,880 | $1,650 | $2,600 |
Browse Top Homes for Rent in Hobart
Explore Hobart
Hobart, IN Local Guide
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Cheapest Neighborhoods for Apartments in Hobart, IN
Pricing Updated: 07/11/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Cressmoor | $2,515 | $988 | 13 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Lane Apartments | 2BR | 2BR,1BA | $1,180 |
| Huntington Cove Apartments | A2 | 1BR,1BA | $1,258 |
| Haven Hobart | C1p - Renovated | 2BR,2BA | $1,315 |
| Cherry Hill Apartment Homes | G | 3BR,1BA | $1,475 |
| Hampshire Park | C1 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brixin at Cressmoor Estates | DTH1 | 3BR,2.5BA | $1.57 |
| Hampshire Park | B3p - Renovated | 2BR,1BA | $1.23 |
| Haven Hobart | D1p - Renovated | 3BR,2BA | $1.43 |
| Meadow Lane Apartments | 2BR | 2BR,1BA | $1.14 |
| 304 Arthur Ave | 304 Arthur Ave | 2BR,1BA | $1.53 |
| Nuvo Flats | A12 - 1 Bedroom 1 Bathroom | 1BR,1BA | $2.47 |
| Broadway Crossing Apartments | 18 | 2BR,1BA | $1.95 |
| Huntington Cove Apartments | A2 | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Hobart, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hobart, IN Rentals by Map
See the most popular apartments and homes in Hobart, IN
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

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.

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.

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.

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.