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Hobart, IN Condos for Rent

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  • /16

    $2,800 Per Month

    • 4 Beds
    • 3 Baths
    • 2,460 Sq Ft
    • Condo for Rent

    7396 Kestrel St, Hobart, IN 46342

    Welcome to your future home in Hobart, IN! This charming property offers a prime location close to several fantastic restaurants and department stores, ensuring that you have all your shopping and dining needs just moments away. Moreover, NorthShore Health Centers - Portage is only a short 13-minute drive, adding convenience for your healthcare needs.Key features of the property include

    (219) 810-6237

    7396 Kestrel St, Hobart, IN 46342
  • /15

    $1,150 Per Month

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

    669 Lake St Unit 1, Hobart, IN 46342

    Prospective tenants are NOT REQUIRED TO PAY 3rd Party Application fees. ALL applications MUST be submitted via the PMI NWI website. Applications submitted through 3RD PARTY websites/vendors WILL NOT BE ACCEPTED.PLEASE SUBMIT ANY QUESTIONS THROUGH THE "REQUEST A TOUR", "CHECK AVAILABILITY" or other contact options provided.Welcome to this beautifully updated 2-bedroom, 1-bath

    669 Lake St Unit 1, Hobart, IN 46342
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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
  • /37

    $1,350 Per Month

    • 3 Beds
    • 1.5 Baths
    • Condo for Rent

    3334 Michigan St Unit Upstairs Apartment, Hobart, IN 46342

    3334 Michigan St Unit Upstairs Apartment, 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 $1,250 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $71,800 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 $1,795 per month in Hobart, IN, renters typically need to show $5,385 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 11.8, 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 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, Hyde Park, Washington Park and Indiana Harbor, each with its own character and price range.

Condo Rental Trends in Hobart, IN

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,250
Median 2 Bedroom Condo Rent
$1,150
Median 3 Bedroom Condo Rent
$1,350
How to Rent a Home