Rentometer, Inc. | Data as of 10/22/2025
Hobart, Indiana, blends small‑city charm with convenient access to the greater Chicago metropolitan area, making it a popular destination for renters seeking both affordability and a vibrant community. Situated just a short drive from Lake Michigan, the city boasts scenic parks such as Lake George and historic neighborhoods like West Bay and North Hobart, where tree‑lined streets and well‑maintained homes create a welcoming atmosphere. Local attractions—including the Hobart Historical Museum, Riverfront Playhouse, and a variety of boutique shops and eateries—add cultural depth, while easy access to major highways and public transit connects residents to employment hubs across the region.
The rental market in Hobart offers a balanced mix of apartments and single‑family homes, catering to a diverse range of lifestyles. Prospective tenants can choose from modern apartment complexes featuring one‑ and two‑bedroom units, as well as spacious houses that accommodate larger families. Overall, one‑ and two‑bedroom apartments typically rent in the $1200‑$1400 range, while two‑ and three‑bedroom houses are generally priced between $1700 and $2000, reflecting the city’s competitive yet affordable pricing structure compared to nearby urban centers.
Beyond price, Hobart’s appeal lies in its strong sense of community, reputable school districts, and abundant recreational opportunities—from golf courses and bike trails to waterfront festivals. The city’s commitment to revitalizing downtown areas and supporting local businesses ensures a dynamic living experience for renters. Whether you’re a young professional, a growing family, or someone seeking a quieter suburban setting, Hobart, Indiana, offers a thriving rental market backed by quality amenities, convenient location, and a welcoming spirit.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,265 | $1,328 | $1,040 - $1,427 | $1,095 - $1,372 |
| Apartment | 2 Bedroom | $1,400 | $1,350 | $1,088 - $1,790 | $1,260 - $1,528 |
| House | 2 Bedroom | $1,683 | $1,425 | $1,425 - $2,200 | $1,425 - $2,200 |
| House | 3 Bedroom | $2,048 | $1,795 | $1,550 - $2,800 | $1,550 - $2,800 |
In the current period, the average rent in Hobart was
$1,265 for 1 Bedroom,
$1,471 for 2 Bedroom, and
$1,960 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.