Last updated on August 3, 2026

Average rent in
Hobart, IN

Median rent

Median rent in Hobart

$1,425/mo

increased by8%

vs previous year

The average rent in Hobart is $1,425 per month as of August 2026. This is 27% below the national average rent, or $515 less per month.

$1.27

average price per square foot

Total rentals

Available rentals in Hobart

16

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Hobart rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Hobart, IN

Average rent prices in Hobart have decreased by 7% over the last month and have increased by 8% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Hobart, IN

Rent prices in Hobart vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Hobart is $1,305, whereas a house costs $1,997. 1-bedroom apartments in Hobart run $1,200 on average, while 2-bedroom apartments are $1,350.

Listings

Studio

$989

No Change

-

1 bedroom

$1,233

9%

14%

2 bedroom

$1,350

3%

6%

3 bedroom

$2,750

7%

54%

4 bedroom

$3,200

20%

-

Studio

Average rent

$989

1 bedroom

Average rent

$1,233

Last 30 days

9%

Last year

14%

2 bedroom

Average rent

$1,350

Last 30 days

3%

Last year

6%

3 bedroom

Average rent

$2,750

Last 30 days

7%

Last year

54%

4 bedroom

Average rent

$3,200

Last 30 days

20%

The table above reflects average rent prices in Hobart, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Hobart, IN compare to other cities?

Compare median rent prices in Hobart and Chesterton by all bedroom counts and property types.

Hobart

Median rent price$1,425
decreased by27%

lower than the national median

Median rent price$1,375
decreased by29%

lower than the national median

Takeaway

The median rent for all rentals in Hobart, IN is 4% higher than the median rent in Chesterton, IN.

Discover rentals in Hobart, IN

3612 Michigan St #1stFL - Photo 1 of 1
No deposit

1d ago

Apartment for rent in Hobart

2 Bed 1 Bath - 1st Floor Unit

3612 Michigan St #1stFL, Hobart, IN 46342

2 beds

1 bath

$850

Apartment for rent

Available Jul 6

905 W 37th Ave #17 - Photo 1 of 1

5d+ ago

House for rent in Hobart

2 beds

2 baths

$950

House for rent

Available Jul 17

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Hobart, IN

Quick answers to common questions about the Hobart rental market.

How much is rent in Hobart?

The average rent in Hobart is $1,425 per month as of August 1, 2026.

Is rent up or down in Hobart?

Average rent prices in Hobart have decreased by 7% over the last month and have increased by 8% since last year.

How does Hobart rent compare to the national average?

Rent in Hobart is 27% below the national average, which means renters are paying approximately $515 less per month.

What salary do I need to afford rent in Hobart?

To comfortably afford rent in Hobart, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Hobart?

Based on our current listings, 45% of Hobart rentals welcome pets, which works out to about 15 pet-friendly apartments each month across the city's average inventory of 33 units.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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