How many apartments are available in Hobart, IN on Rentable.co?

Rentable.co has over 403 apartments available in Hobart.

Can I afford an apartment for rent in Hobart, IN?

Based on average rent prices in Hobart, to afford a <a href='/hobart-in/3-bedroom-apartments-for-rent' >three-bedroom apartment</a> you would need an annual household income of $78,000 to live comfortably.

Apartments in Deep River Hobart

Hobart:
February Rent Report

Welcome to the February 2026 Hobart Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Hobart rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hobart and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hobart average rent prices in the chart below.

Monthly Rent Report

$1,900

$1,430

$950

$480

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

1 BR 2 BR

Hobart Rent Prices Decrease From January to February

Hobart rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Hobart one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Hobart experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Hobart two-bedroom apartments currently stands at $.

February Prices: Hobart vs. Surrounding Areas

Rent Prices in Hobart and Surrounding Areas

Rent prices have decreased in Hobart over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hobart suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Hobart suburbs
Rents did not decrease in any of the Hobart suburbs.

February 2026 Pricing Trends: Hobart vs. National Comparisons

Hobart Rent Prices More Affordable Than Major Cities

Rent growth in Hobart over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Hobart average rent prices appear to be relatively affordable for local residents.

The price for a Hobart one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hobart and surrounding area rent prices, take a look at the complete data set below.

Data set for Hobart and suburbs

	1 BR February	1 BR M/M % Change	2 BR February	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.