Cheap Homes for Rent in Hobbs, IN from $700 (10 Rentals)

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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.

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

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 ListingModel NameBed/BathPriced From
Lincolnwood Apartments1BR/1BA1BR,1BA$700
MAPLE CRESTStudio1BR,1BA$735
The Macy ApartmentsStudio Unfurnished/FurnishedStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Westfield Myra WayForestwood2BR,2BA$1.41
Tin Plate Apartments2 Beds, 2 Baths2BR,2BA$1.12
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.16
Brentwood Greene2 Bedroom Unit2BR,1BA$1.17
Fox Acres Apartments1 Bed Room1BR,1BA$1.01
First Flats2bed/1bath Non-Renovated2BR,1BA$1.18
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.85
Bradford Run ApartmentsRedbud1BR,1BA$1.24
410 - WINDING BROOK APARTMENTS1 Bedroom - 1st Floor1BR,1BA$1.28
Lincolnwood Apartments1BR/1BA1BR,1BA$1.36

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Pet Friendly Lifestyle
Hobbs, IN

Ranked #36

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!

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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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

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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.