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Newest Homes for Rent in Hobart, IN

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    Starting at $1,256 Per Month

    • 1 - 2 Beds

    2040 E 84th St, Merrillville, IN 46410

    When comfort meets convenience, and the tranquility of nature collides with a commuter-friendly location, you know you found a home that fits all your needs. Huntington Cove Apartments welcomes you with an inviting selection of one and two-bedroom floor plans and an attractive list of amenities and services which includes everything from carports or garages to a crystal-clear swimming pool. All

    Huntington Cove Apartments

    2040 E 84th St, Merrillville, IN 46410
  • /40

    Starting at $1,160 Per Month

    • 1 - 2 Beds

    333 Neringa Ln, Hobart, IN 46342

    Haven Hobart offers 1-, 2-, & 3-bedroom apartments for rent in Hobart, IN. Our pet-friendly apartment community is in an ideal location near Cressmoor Prairie Nature Preserve with easy access to I-65, I-90, & I-94, as well as shopping, dining, Lake George, and top Hobart employers including ITR America, AREA Sheet Metal, and Luke Family of Brands. Our garden-style apartment homes include various

    Haven Hobart

    333 Neringa Ln, Hobart, IN 46342
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    Starting at $1,110 Per Month

    • 1 - 2 Beds

    400 N Lake Park Ave, Hobart, IN 46342

    Hampshire Park offers 1- & 2-bedroom apartments for rent in Hobart, IN. Our pet-friendly apartment community is in an ideal location near Cressmoor Prairie Nature Preserve with easy access to I-65, I-90, & I-94, as well as shopping, dining, Lake George, and top Hobart employers including ITR America, AREA Sheet Metal, and Luke Family of Brands. Our garden-style apartment homes include various

    Hampshire Park

    400 N Lake Park Ave, Hobart, IN 46342
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    $1,450 Per Month

    • 3 Beds
    • 1 Bath
    • 1,035 Sq Ft
    • House for Rent

    4079 Missouri St, Hobart, IN 46342

    Come check out this adorable ranch style property! With just enough room for a small family, this would make the perfect starter home! This property is located near all the main attractions Hobart has to offer such as downtown shops and dining. Hurry and apply today! And schedule your self-tour through our website, This home is MOVE IN READY. We are looking for applicants who are ready

    4079 Missouri St, Hobart, IN 46342
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    $1,465 Per Month

    • 2 Beds
    • 1 Bath
    • 787 Sq Ft
    • House for Rent

    3102 W 40th Ave, Hobart, IN 46342

    3102 West 40th Street is a 2 bedroom, 1 bathroom home located in Hobart, Indiana. The total square footage is 787 and it was built in 1949. This home is a great starter home for you and your small family and is equipped with 2 bedrooms, 1 full bathroom, laundry room and a good size kitchen. Schedule your showing today via our website, !This home is MOVE IN READY. We are looking for

    3102 W 40th Ave, Hobart, IN 46342
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    $1,300 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    4028 Martin Luther King Dr, Gary, IN 46409

    Property Id: 2731167Section 8 welcomeBring moving papers 3 beds 1 bath move in readyLarge yard nice blockNew everything

    4028 Martin Luther King Dr, Gary, IN 46409
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    $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
  • /20

    $2,000 Per Month

    • 3 Beds
    • 2 Baths
    • 2,368 Sq Ft
    • HUGE 3 Bed/2 Bath Home with your own private workshop + oversized garage

    400 S Liberty St, Hobart, IN 46342

    You will love this unique home in Hobart! With nearly 2400 square feet, this home features two living spaces including a HUGE upstairs area that could be used as a family room / extra sleeping space or split into multiple uses. This home features its own workshop area off the kitchen - perfect for someone who needs extra space to complete projects. And then there is the 2 car garage with

    400 S Liberty St, Hobart, IN 46342
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    Starting at $2,515 Per Month

    • 3 Beds

    600 W 39th Place, Hobart, IN 46342

    Brixin Townhomes at Cressmoor Estates in Hobart, IN offers luxury living with brand-new 3-bedroom, 2.5-bathroom homes featuring attached 2-car garages. Each townhome includes upscale finishes like white shaker-style cabinetry, white quartz countertops, stainless-steel appliances, a spacious kitchen island, and ample storage with a coat closet, linen closet, pantry, and walk-in closets with

    Brixin at Cressmoor Estates

    600 W 39th Place, Hobart, IN 46342
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    $1,300 - $1,350

    Total Monthly Price

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

    304 Arthur Ave, Hobart, IN 46342

    Beautiful newly remodeled 2 Bdrm, 1 bath located in Hobart, IN in a quiet, friendly neighborhood. The property is easily accessible to I-65. It is also close to schools, police department, shopping, grocery stores, and medical facilities. The unit itself features a microwave, stove, refrigerator, washer and dryer. The unit also provides additional storage in the garage. The tenant is required for

    304 Arthur Ave, Hobart, IN 46342
  • /29

    $1,300 - $1,350

    Total Monthly Price

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

    304 Arthur Ave, Hobart, IN 46342

    Beautiful newly remodeled 2 Bdrm, 1 bath located in Hobart, IN in a quiet, friendly neighborhood. The property is easily accessible to I-65. It is also close to schools, police department, shopping, grocery stores, and medical facilities. The unit itself features a microwave, stove, refrigerator, washer and dryer. The unit also provides additional storage in the garage. The tenant is required for

    304 Arthur Ave, Hobart, IN 46342
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    $2,096 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,601 Sq Ft
    • Townhouse for Rent

    234 W 39th Place, Hobart, IN 46342

    Limited Time Discounted Rent Rate for 12 month leases! Brand New Townhome for RENT - Available for Move-In NOW!! Townhome Amenities: Brand New Construction & Move-In-Ready! 3-Bedroom, 2.5-Bathroom Luxury Townhomes. 1,601 sqft of Finished Living Space Attached 2-Car Garage Main Level Living Capabilities Stainless-Steel Energy-Efficient Kitchen Appliances White Quartz Countertops Pantry Storage

    Vanessa Kwasny Century 21 Circle

    234 W 39th Place, Hobart, IN 46342

Frequently Asked Questions

How much does it cost to rent a home in Hobart, IN?
The median rent for a home in Hobart, IN is $1,465 per month, though prices vary by neighborhood, size, and property type. As of July 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 $58,600 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 $1,465 per month in Hobart, IN, renters typically need to show $4,395 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 14.8, 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 home?
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 home include North Merrillville, Glen Park, Midtown, Aetna and West Merrillville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
12
Median Rent
$1,465
Median Single Family Home Rent
$1,600
Median Townhouse Rent
$2,096
Median Condo Rent
$1,300
How to Rent a Home