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Hobart, IN Condos for Rent

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  • /16

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Condo for Rent

    1421 High St Unit 1E, Hobart, IN 46342

    Welcome to our charming 2 bedroom, 1 bathroom apartment located in Hobart, IN. This is a ground floor unit with off-street parking and a parking lot in back of building available, you'll never have to worry about finding a spot. Enjoy the convenience of coin-operated laundry facilities on-site. Easy highway access makes commuting a breeze. Don't miss out on this fantastic opportunity to call

    1421 High St Unit 1E, Hobart, IN 46342
  • /25

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,565 Sq Ft
    • Condo for Rent

    123 Arthur Ave, Hobart, IN 46342

    Welcome to 123 Arthur Avenue in Hobart — a cozy and inviting 2-bedroom home with a finished basement, offering the perfect combination of comfort, functionality, and convenience.With approximately 1,565 square feet of living space, this well-designed home provides plenty of room to relax, work, or entertain. The spacious living area creates a warm and welcoming atmosphere, while the

    123 Arthur Ave, Hobart, IN 46342

Frequently Asked Questions

How much does it cost to rent a condo in Hobart, IN?
The median rent for a condo in Hobart, IN is $1,166 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Hobart, IN?
To comfortably afford the median rent in Hobart, IN, a household needs to earn roughly $51,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,275 per month in Hobart, IN, renters typically need to show $3,825 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hobart, IN?
In Hobart, IN, the price-to-rent ratio is 17.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Hobart, IN are best for renting a condo?
The best neighborhood for renting in Hobart, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include South Shore, Woodlawn, West Woodlawn, Hyde Park and Washington Park, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,166
Median 1 Bedroom Condo Rent
$850
Median 2 Bedroom Condo Rent
$1,183
How to Rent a Home