112 N Green St
GreentownIN46936
Cheap Homes for Rent near Hobbs, IN from $745 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Hobbs.
831 S Webster St
KokomoIN46901
712 S Union St
KokomoIN46901
400 N Anderson St
ElwoodIN46036
430 S Armstrong St
KokomoIN46901
1105 E Mulberry St
KokomoIN46901
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1414 W Mulberry St
KokomoIN46901
2315 Main St
ElwoodIN46036
1004 E Walnut St
KokomoIN46901
1411 N Park Ave
AlexandriaIN46001
1404 S Harrison St
AlexandriaIN46001
3146 Independence Dr S
ElwoodIN46036
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-12, Page 1 of 1
Hobbs, IN Local Guide
Indiana Sunset by Barbara Eckstein is licensed under CC BY 2.0
How much does it cost to rent a home in Hobbs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hobbs 2 Bedroom Homes for Rent | $1,146 | $850 | $1,500 |
| Hobbs 3 Bedroom Homes for Rent | $1,710 | $1,050 | $4,295 |
| Hobbs 4 Bedroom Homes for Rent | $1,865 | $1,300 | $2,599 |
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 1 Bed unit found at Apperson Way Apartments priced from $398. The Annex of Kokomo has the second lowest priced unit, which is a 3 Beds apartment currently listed from $490. Here is today’s list of the most affordable Hobbs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $490 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Kingston Green Apartments | 1 BEDROOM G | 1BR,1BA | $800 |
| First Flats | 1bd/1bath Partially Renovated | 1BR,1BA | $800 |
Best Value Apartments for Rent in Hobbs, IN and Nearby
As of September 07, 2026 the best value apartment in the Hobbs area is the $1.30 price per square foot The Windsor Model at Promenade Apartments in the in the Pebble Brook neighborhood starting from $1,636. The second greatest value Hobbs apartment is the 3 Bedroom Townhomes Model at Apperson Way Apartments starting at $1,227 with a $1.17 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. |
|---|---|---|---|
| Promenade Apartments | The Windsor | 2BR,2BA | $1.30 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| Timbernest Town Homes | 2 Bed, 1.5 Ba Partially Renovated | 2BR,1.5BA | $1.24 |
| Carter West Apartments & Townhouses | 2bed/1bath Renovated | 2BR,1BA | $1.21 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.91 |
| Ashbury Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.19 |
| Winding Brook Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.30 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $1.28 |
Don'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 Article
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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See the most popular apartments and homes in Hobbs, IN
Frequently Asked Questions about Hobbs
What type of rentals are currently available in Hobbs?
There are currently 50 Apartments for Rent in Hobbs, IN with pricing that ranges from $398 to $3,249. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hobbs ranging from $745 to $4,295.
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 $745 to $4,295 with an average monthly rent of $1,386.
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 $490 to $3,249, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $4,295. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $499.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.