Cheap Homes for Rent in Hobart, WA from $1,500 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Hobart.

property at 2020 Grant Ave S

$1,595 - $1,895

1 To 2 Bedroom Rentals

Available Now

2020 Grant Ave S

RentonWA98055

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, WA Local Guide

Cheapest Available Hobart Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hobart, WA is a 1 Bed unit found at Indigo Springs in the Carriage Wood neighborhood priced from $1,438. Benson Village in the Carriage Wood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,463. Here is today’s list of the most affordable Hobart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indigo SpringsCerulean Waters1BR,1BA$1,438
Benson Village1 Bedroom 1 Bath - Classic Remodel1BR,1BA$1,463
Covington PlaceHorizon1BR,1BA$1,541
Wandering CreekPlan 1A1BR,1BA$1,549
Stonebrook1 Bedroom, 1 Bath1BR,1BA$1,573

Best Value Apartments for Rent in Hobart, WA and Nearby

As of June 15, 2026 the best value apartment in the Hobart area is the $1.97 price per square foot Three Bedroom, Two Bathroom To Model at The Ardenport in the in the East Renton Highlands neighborhood starting from $2,925. The second greatest value Hobart apartment is the Burlington Model at Panorama starting at $2,400 with a $1.62 price per square foot in the Snoqualmie Ridge 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.
The ArdenportThree Bedroom, Two Bathroom To3BR,2BA$1.97
PanoramaBurlington4BR,2BA$1.62
Wildwood ApartmentsTwo Bedroom Two Bath2BR,2BA$2.16
Bergen Apartments3 x 13BR,1BA$2.26
Indigo SpringsSapphire Creek2BR,1BA$2.04
Cascadia at Fairwood LandingFairwood2BR,2BA$2.24
Stonebrook1 Bedroom, 1 Bath1BR,1BA$2.05
Fairwood PondPlan 1A1BR,1BA$2.32
AllegroSmall 1 Bedroom1BR,1BA$2.38
Alden on Lake MeridianMeridian One1BR,1BA$2.36

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

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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 45 Apartments for Rent in Hobart, WA with pricing that ranges from $1,438 to $5,570. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobart ranging from $1,550 to $5,700.

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 $1,550 to $5,700 with an average monthly rent of $3,194.

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 $2,087 to $4,491, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,395 to $5,700. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $2,400.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.