What is the average apartment size in Hobart?

The average size for a Hobart, IN apartment is 1,002 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Hobart?

As of Oct / 2025, the average rent in Hobart is $1,367 per month, a 4.99% increase from last year’s average of $1,302.

What is the average apartment size in Hobart?

The typical apartment in Hobart offers about 1,002 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Hobart, IN Rental Market Trends

Q: What's the typical rent budget in Hobart?

The typical rent budget in Hobart ranges from $1,001 to $1,500 per month, with 85% of rentals in this range.

Q: Do most people rent or own in Hobart?

In Hobart, 30% of households rent while 70% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Hobart is $1,367, a 4.99% increase compared to the previous year, when the average rent was $1,302.

One-bedroom apartments provide 850 square feet for $1,244, balancing privacy and affordability.

Two-beedroom units at $1,409 offer 1,066 square feet, perfect for roommates or small families.

Average rent in Hobart, IN

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,367	1,002 sq. ft.
Studio	n/a	n/a
1 Bed	$1,244	850 sq. ft.
2 Beds	$1,409	1,066 sq. ft.
3 Beds	n/a	n/a

Hobart, IN rent trends

Rental prices in Hobart, IN have increased by 4.99% over the past year. The average rent moved from $1,302 to $1,367.

What's the typical rent budget in Hobart, IN?

The largest share of rentals in Hobart, IN (85%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Hobart, IN?

3,565 or 30% of the households in Hobart, IN are renter-occupied while 8,402 or 70% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Hobart Compares to Other Cities

City	Average Rent
Hobart	$1,367
Indianapolis	$1,250
Evansville	$1,024
Bloomington	$1,595
Fort Wayne	$1,126
New Albany	$1,114
Lafayette	$1,168
Jeffersonville	$1,223
Hammond	$1,224
South Bend	$1,343
Greenwood	$1,372
Gary	$956
Crown Point	$1,668
Merrillville, IN	$1,369
Chicago Heights, IL	$1,238
Michigan City, IN	$965
Lansing, IL	$1,251
Valparaiso, IN	$1,392
Calumet City, IL	$1,123
Portage, IN	$1,335
Riverdale, IL	$1,096

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hobart apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.