
Cheap Homes for Rent in Hobbs, IN from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Hobbs.


1303 S Main 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.

815 S Calumet St

1530 S Union St
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.

121 Donnelly Dr
Hobbs, IN Local Guide

How much does it cost to rent a home in Hobbs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hobbs 2 Bedroom Homes for Rent | $1,047 | $899 | $1,195 |
Hobbs 3 Bedroom Homes for Rent | $1,774 | $950 | $3,200 |
Hobbs 4 Bedroom Homes for Rent | $2,997 | $1,500 | $4,495 |
Browse Top Homes for Rent in Hobbs
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Hobbs, IN Local Guide
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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 $667. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $667 |
Green Town Apartments | One Bd rm | 1BR,1BA | $675 |
Lincolnwood Apartments | 1BR/1BA | 1BR,1BA | $700 |
Best Value Apartments for Rent in Hobbs, IN and Nearby
As of October 22, 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 $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 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 | $1.04 |
Bison Ridge Estates | 2b 2b Traditional | 2BR,2BA | $1.23 |
Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $1.17 |
Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.84 |
MAPLE CREST | 1x1BUp | 1BR,1BA | $1.18 |
410 - WINDING BROOK APARTMENTS | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.28 |
Kingston Green Apartments | 1BR/1BA | 1BR,1BA | $1.24 |
Green Town Apartments | One Bd rm | 1BR,1BA | $1.23 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleHobbs, IN
Ranked #85
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!
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Frequently Asked Questions about Hobbs
What type of rentals are currently available in Hobbs?
There are currently 46 Apartments for Rent in Hobbs, IN with pricing that ranges from $505 to $3,249. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobbs ranging from $599 to $4,495.
What is the current price range for Rental Homes in Hobbs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hobbs ranges from $599 to $4,495 with an average monthly rent of $1,641.
How much are larger Three and Four Bedroom Rentals in Hobbs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hobbs range from $667 to $3,249, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $505.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.