Cheap Apartments for Rent in Hobbs, IN from $500 (33 Rentals)

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 918 S Bell St

918 S Bell St

KokomoIN46901
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Indigo
1 Bedroom Apartments

Indigo

532 W Mulberry StKokomo, IN 46901
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Hobbs, IN Local Guide

Cheapest Available Hobbs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hobbs, IN is a 1 Bed unit found at 2930 Albright priced from $695. Lincolnwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Hobbs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2930 Albright1 Bed1BR,1BA$695
Lincolnwood Apartments1BR/1BA1BR,1BA$700
Bradford Run ApartmentsRedbud1BR,1BA$748
Concord Square ApartmentsStudioStudio,1BA$750
The Macy ApartmentsStudio Unfurnished/FurnishedStudio,1BA$750
Fox Acres Apartments1 Bed Room1BR,1BA$755
North Pointe Commons1BR/1BA1BR,1BA$775
Sycamore Apartments1 Bedroom1BR,1BA$800
410 - WINDING BROOK APARTMENTS1 Bedroom - 2nd Floor1BR,1BA$829
MAPLE CREST2x1WD2BR,1BA$884

Best Value Apartments for Rent in Hobbs, IN and Nearby

As of May 01, 2025 the best value apartment in the Hobbs area is the $0.97 price per square foot 2BR/1.5BA Model at Timbernest Townhomes in the starting from $1,095. The second greatest value Hobbs apartment is the 2 Beds, 2 Baths Model at Tin Plate Apartments starting at $1,195 with a $1.12 price per square foot . 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.
Timbernest Townhomes2BR/1.5BA2BR,1.5BA$0.97
Tin Plate Apartments2 Beds, 2 Baths2BR,2BA$1.12
Rivers Edge Apartments I & II2 BD 1.5 Bath2BR,1.5BA$1.23
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.10
Brentwood Greene2 Bedroom Unit2BR,1BA$1.09
MAPLE CREST2x1AUp2BR,1BA$1.08
Fox Acres Apartments1 Bed Room1BR,1BA$1.01
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.90
Bradford Run ApartmentsRedbud1BR,1BA$1.11
2930 Albright1 Bed1BR,1BA$1.16

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Pet Friendly Lifestyle
Hobbs, IN

Ranked #37

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 Concord Square 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 $695 at 2930 Albright.

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 $790 at Lincolnwood Apartments.

What is the most affordable Hobbs Three Bedroom Apartment?

The best deal on a cheap Hobbs Three Bedroom Apartment rental is at North Pointe Commons and starts from $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.