Cheap Apartments for Rent in Hobbs, IN from $500 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hobbs.

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.

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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.

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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.

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2930 Albright
1 to 2 Bedroom Apartments

2930 Albright

2930 Albright RdKokomo, IN 46902
Corporate Housing
  • Utilities Included
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Lincolnwood Apartments
1 to 4 Bedroom Apartments

Lincolnwood Apartments

2101 Mark LnKokomo, IN 46902
  • Utilities Included
  • Smoke Free
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Holly Apartments
1 Bedroom Apartments

Holly Apartments

1826 S Goyer RdKokomo, IN 46902
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Brentwood Greene
1 to 2 Bedroom Apartments

Brentwood Greene

1534 Dodge StKokomo, IN 46902
Senior Living
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-35, Page 1 of 1

Hobbs, IN Local Guide

Cheapest Available Hobbs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hobbs, IN is a 3 Beds unit found at The Annex of Kokomo priced from $647. Green Town Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Hobbs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Annex of Kokomo3 bed 3 Bath3BR,3BA$647
Green Town ApartmentsOne Bd rm1BR,1BA$675
The Macy ApartmentsStudio Unfurnished/FurnishedStudio,1BA$750
Kingston Green Apartments1 BEDROOM G1BR,1BA$760
410 - WINDING BROOK APARTMENTS1 Bedroom - 2nd Floor1BR,1BA$829
Fox Acres Apartments1 Bed Room1BR,1BA$835
Concord Square Apartments1 Bed 1 Bath1BR,1BA$850
MAPLE CREST2x1WD2BR,1BA$884
Carter West Apartments & Townhouses2bed/1bath Partially Renovated2BR,1BA$910
First Flats2bed/1bath Renovated2BR,1BA$950

Best Value Apartments for Rent in Hobbs, IN and Nearby

As of December 09, 2025 the best value apartment in the Hobbs area is the $1.12 price per square foot 2 Beds, 2 Baths Model at Tin Plate Apartments in the starting from $1,295. The second greatest value Hobbs apartment is the Two Bedroom Model at Grissom Estates Apartments starting at $999 with a $1.04 price per square foot in the Wareham's Pond neighborhood. Here is today’s list of the best values for Hobbs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tin Plate Apartments2 Beds, 2 Baths2BR,2BA$1.12
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Brentwood Greene2 Bedroom Unit2BR,1BA$1.17
MAPLE CREST2x1WD2BR,1BA$1.04
Carter West Apartments & Townhouses2bed/1bath Partially Renovated2BR,1BA$1.18
Fox Acres Apartments1 Bed Room1BR,1BA$1.11
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.84
410 - WINDING BROOK APARTMENTS1 Bedroom - 2nd Floor1BR,1BA$1.28
Kingston Green Apartments1 BEDROOM G1BR,1BA$1.25
Green Town ApartmentsOne Bd rm1BR,1BA$1.23

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Hobbs, IN

Ranked #131

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Hobbs, IN Rentals by Map

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See the most popular apartments and homes in Hobbs, IN

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Frequently Asked Questions about Cheap Hobbs Apartments

What is the Cheapest Studio apartment in Hobbs?

Currently the most affordable Cheap Studio Apartment in Hobbs is at The Macy Apartments listed at $750.

How much is rent for a Cheap One Bedroom Hobbs Apartment?

The lowest price for a Cheap One Bedroom Hobbs Apartment is $675 at Green Town Apartments.

What is the lowest price for a Cheap Two Bedroom Hobbs Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hobbs is starting from $845 at Kingston Green Apartments.

What is the most affordable Hobbs Three Bedroom Apartment?

The best deal on a cheap Hobbs Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $647.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.