How many apartments are available in 46342 on Rentable.co?
Rentable.co has 9 apartments available for rent in 46342.
What is the average rent for an apartment in 46342?
The average rent for an apartment in 46342 is around $1,200 per month.
What is the average rent for a two-bedroom apartment in 46342?
The average rent for a two-bedroom apartment in 46342 is around $1,150 per month.
Find an Apartment in 46342
Looking for an apartment in the 46342 zip code in Hobart, IN? Rentable has a range of options to choose from! Currently, there are 10 apartments for rent near 46342, with an average rent of $1,200. You'll find a variety of floor plans to choose from, with the minimum rent for a 2-bedroom starting at $950.
Hobart, IN offers a great location for residents, with nearby parks and points of interest to explore. Spend a relaxing day at Lake George, located just a short distance from the apartments near 46342. Enjoy the beautiful scenery and take advantage of the recreational activities available.
If you're looking for a comfortable and convenient place to call home in Hobart, IN, consider checking out the apartments for rent in the 46342 area. With a range of options available, you're sure to find the perfect fit for your needs and budget. Visit Rentable's website today to view the available units and start your search for your next home in 46342.
Hobart: May Rent Report
Welcome to the May 2024 Hobart Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2024 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
$16,700
$12,530
$8,350
$4,180
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR2 BR
Hobart Rent Prices Increase From April to May
Hobart rent prices increased over the last month. From April to May, the city experienced a 49.16% increase for the price of a one-bedroom apartment. The rent price for a Hobart one-bedroom apartments currently stands at $16,646.0.
When we take a look at the two-bedroom comparison from April to May, Hobart experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Hobart two-bedroom apartments currently stands at $1,000.0.
May Prices: Hobart vs. Surrounding Areas
Rent Prices in Hobart and Surrounding Areas
Rent prices have increased 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.
May 2024 Pricing Trends: Hobart vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Hobart Rent Prices More Affordable Than Major Cities
Rent growth in Hobart over the past year has been
on the rise. 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 May
1 BR M/M % Change
2 BR May
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.