
Cheap Apartments for Rent in Hobbs, IN from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Hobbs.


2930 Albright

Kingston Green Apartments
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.

First Flats

The Macy Apartments

Fox Acres Apartments

North Pointe Commons

Bradford Run Apartments

Rivers Edge Apartments I & II

410 - WINDING BROOK APARTMENTS
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.

Imperial Apartments

Concord Square Apartments

4508 County Rd E 200 S
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Carter West Apartments & Townhouses

635 S Union St

918 S Bell St

1621 S Webster St

1328 S Waugh St

408 W Mulberry St

1105 S Purdum St

1128 S Waugh St
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.

807 W State St

1105 E Mulberry St
Hobbs, IN Local Guide

How much does it cost to rent an apartment in Hobbs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hobbs Studio Apartments | $1,188 | $750 | $1,574 |
Hobbs 1 Bedroom Apartments | $1,371 | $578 | $1,934 |
Hobbs 2 Bedroom Apartments | $1,643 | $599 | $2,843 |
Hobbs 3 Bedroom Apartments | $1,778 | $825 | $2,534 |
Hobbs 4 Bedroom Apartments | $1,732 | $850 | $2,200 |
Browse Top Apartments in Hobbs
See all Apartments in HobbsExplore Hobbs
Hobbs, IN Local Guide
- Nearby Cities
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Cheapest Available Hobbs Apartments for Rent and Nearby
 The cheapest available apartment rental in Hobbs, IN is a 1 Bed unit found at Pine Manor Apartments priced from $650. 2930 Albright has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Hobbs apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pine Manor Apartments | 1BR/1.0BA | 1BR,1BA | $650 |
2930 Albright | 1 Bed | 1BR,1BA | $695 |
Lincolnwood Apartments | 1BR/1BA | 1BR,1BA | $700 |
The Macy Apartments | Studio Unfurnished/Furnished | Studio,1BA | $750 |
Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $755 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $775 |
Bradford Run Apartments | Redbud | 1BR,1BA | $776 |
Sycamore Apartments | 1 Bedroom | 1BR,1BA | $800 |
410 - WINDING BROOK APARTMENTS | 1 Bedroom - 2nd Floor | 1BR,1BA | $829 |
Imperial Apartments | 2bed/1bath Partially Renovated | 2BR,1BA | $840 |
Best Value Apartments for Rent in Hobbs, IN and Nearby
As of June 15, 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 $1,195. The second greatest value Hobbs apartment is the Two Bedroom Model at Grissom Estates Apartments starting at $1,095 with a $1.14 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.14 |
Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $1.17 |
Timbernest Townhomes | 1BR/1.5BA | 1BR,1.5BA | $1.17 |
Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.01 |
First Flats | 2bed/1bath Non-Renovated | 2BR,1BA | $1.18 |
MAPLE CREST | 1x1BUp | 1BR,1BA | $1.20 |
The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.84 |
Bradford Run Apartments | Redbud | 1BR,1BA | $1.15 |
2930 Albright | 1 Bed | 1BR,1BA | $1.16 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleHobbs, IN
Ranked #70
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hobbs, IN Rentals by Map
See the most popular apartments and homes in Hobbs, IN
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 $650 at Pine Manor 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 $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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.