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Apartments in Cressmoor Hobart

1 - 6 of 6 Results
$595
642 Water St
Hobart, IN
Studio | Available Now
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Storage
7
$1,150
1600-1606 E 34th Ave
Hobart, IN
2 BR | Available Now
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Storage
7
$1,450
Beautiful 3 Bedroom 1 Bath Home!!
428 N Hobart Rd Hobart, IN
3 BR | Available Now
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Dog Friendly
House
Surface Parking
Storage
2
$950 - 1,200
3236 Michigan St
Hobart, IN
2 - 3 BR | Available Now
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Disability Access
$1,195
Updated 2 Bedroom, Hobart Schools
500 S Lawrence St Hobart, IN
2 BR | Available Now
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House
12
$1,950
3 Bed / 3 Bath Home For Rent In Hobart
3700 34Th Ln Hobart, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1 - 6 of 6 Results
  1. Home
  2. Michigan City, IN Area Apartments
  3. Hobart
  4. Cressmoor
Frequently Asked Questions

How many apartments are available in Cressmoor on Rentable.co?

Rentable.co has over 9 apartments available near Cressmoor.

What is the average rent for a two-bedroom apartment in Cressmoor?

The average rent for a two-bedroom apartment near Cressmoor is around $1,150 per month.

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

Rentable.co has over 371 apartments available in Hobart.

What is the average rent for a two-bedroom apartment in Hobart, IN?

The average rent for a two-bedroom apartment in Hobart is around $1,150 per month.

How expensive is it to rent an apartment in Hobart, IN?

For a two-bedroom apartment in Hobart, the average rent price is $1,150 per month, which is lower than the national average of $1,620 per month.

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

Based on average rent prices in Hobart, to afford a two-bedroom apartment you would need an annual household income of $46,000 to live comfortably.

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 BR       2 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.

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