
Cheap Homes for Rent in Hobbs, IN from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Hobbs.


1725 S Market 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.

121 S Independence St

5204 Ojibway Dr

312 S 18th St

4905 Algonquin Trail

820 W Broadway St

5301 Arrowhead Blvd

5602 Arrowhead Blvd

1506 S Main 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.
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 | $1,249 | $700 | $2,500 |
Hobbs 3 Bedroom Homes for Rent | $1,728 | $1,200 | $3,200 |
Hobbs 4 Bedroom Homes for Rent | $2,672 | $1,500 | $3,800 |
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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 1 Bed unit found at Lincolnwood Apartments priced from $700. MAPLE CREST has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Hobbs apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lincolnwood Apartments | 1BR/1BA | 1BR,1BA | $700 |
MAPLE CREST | Studio | 1BR,1BA | $735 |
The Macy Apartments | Studio Unfurnished/Furnished | Studio,1BA | $750 |
Best Value Apartments for Rent in Hobbs, IN and Nearby
As of September 05, 2025 the best value apartment in the Hobbs area is the $1.41 price per square foot Forestwood Model at Redwood Westfield Myra Way in the in the Pebble Brook neighborhood starting from $1,824. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Westfield Myra Way | Forestwood | 2BR,2BA | $1.41 |
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.16 |
Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $1.17 |
Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.01 |
First Flats | 2bed/1bath Non-Renovated | 2BR,1BA | $1.18 |
The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.85 |
Bradford Run Apartments | Redbud | 1BR,1BA | $1.24 |
410 - WINDING BROOK APARTMENTS | 1 Bedroom - 1st Floor | 1BR,1BA | $1.28 |
Lincolnwood Apartments | 1BR/1BA | 1BR,1BA | $1.36 |
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Pet Friendly LifestyleHobbs, IN
Ranked #36
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 45 Apartments for Rent in Hobbs, IN with pricing that ranges from $560 to $3,249. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobbs ranging from $700 to $3,800.
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 $700 to $3,800 with an average monthly rent of $1,883.
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 $825 to $3,249, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $560.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.