Hobart, IN Houses for Rent

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$950 Per Month
- 2 Beds
- 2 Baths
- House for Rent
905 W 37th Ave, Hobart, IN 46342

Property Id: 2749925Recently remodeled Unit 2 bed/2 bath, cozy carpet and beautiful hardwood floors. Enjoy cooking in the fully equipped kitchen with an oven and refrigerator. Washer/dryer hookups and driveway parking included. Pets allowed (cats, small dogs) and smoking outside only. Don't miss out on this opportunity to live in this wonderful property for only $950/month. Contact us now

905 W 37th Ave, Hobart, IN 46342
Explore Hobart
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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
/8
$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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$1,450 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
/8
$1,400 Per Month
- 2 Beds
- 1 Bath
- 725 Sq Ft
- 2 Bedroom In Hobart
1229 W 44th Place, Hobart, IN 46342

Charming 2-bedroom, 1-bath home in Hobart, IN featuring a large backyard — ideal for outdoor activities and gardening. The home includes window air conditioning for added comfort and a covered patio that extends your living space outdoors. Practical layout and simple comforts make this property easy to personalize and maintain. *work still being done to home* Curious if you qualify?-No

1229 W 44th Place, 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

Indiana Lake County

Frequently Asked Questions

How much does it cost to rent a single-family home in Hobart, IN?

The median rent for a single-family home in Hobart, IN is $1,600 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 single-family 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 single-family home include Glen Park, Midtown, Aetna, Downtown Gary and Tolleston, each with its own character and price range.

Rental Home Trends in Hobart, IN

There are currently 6 single-family homes available for rent in Hobart, IN. The median rent is $1,600 per month, with 3-bedroom houses renting at $1,600 and 4-bedroom houses at $2,800.

Rental Home Trends

Number of Houses for Rent 6	Median Single Family Home Rent $1,600
Median 3 Bedroom Single Family Home Rent $1,600	Median 4 Bedroom Single Family Home Rent $2,800

How to Rent a Home

Houses for Rent by Price in Hobart

Hobart Houses for Rent under $1,500

Rentals in Hobart

Houses for Rent by Bedrooms in Hobart

More About Living in Hobart

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