Rental market snapshot for Hobart, Indiana

Hobart, Indiana Rental Property Market Overview

Hobart, Indiana is a small city located in Lake County, Indiana. According to the US Census, the population of Hobart was 29,521 in 2021. The city is known for its historic downtown area, which features a variety of shops and restaurants. The city also has several parks and recreational areas, including the Hobart Nature Preserve and the Hobart City Park. Hobart is a great place to live, work, and play, and its population is growing steadily.

The average rent for an apartment in Hobart is $1,477. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Hobart Indiana | Cost of Living

  • The most expensive ZIP code in Hobart is 46342 with an average price of $1,445.
  • The cheapest ZIP code in Hobart is 46342 with an average price of $1,445.

Hobart ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
146342$1,445

Live near Hobart, Indiana's Top Sights and Attractions

City Ball Park is a family-friendly outdoor recreation area located in a small town in Indiana. It features a large baseball diamond, a playground, and a picnic area with grills and tables. There is also a concession stand, restrooms, and a walking trail that circles the park. The park is a great place to spend a summer day with friends and family, playing a game of baseball, having a picnic, or just taking a leisurely stroll.

Festival Park is a large outdoor venue located in a picturesque setting. It features a wide variety of attractions, including a large amphitheater, a lake with a beach and boat rentals, a playground, a walking trail, and a variety of picnic areas. The park also hosts a variety of events throughout the year, including concerts, festivals, and other special events.

Hobart Historical Society is a museum and research center dedicated to preserving and sharing the history of the area. Visitors can explore the museum's collection of artifacts, photographs, and documents that tell the story of Hobart's past. The Society also offers educational programs and events throughout the year, such as lectures, workshops, and walking tours. The museum also houses a research library, which is open to the public and contains a variety of resources related to the history of Hobart.

Evergreen Memorial Park is a tranquil and picturesque park located in a small town. It features a large lake surrounded by lush green trees and grassy areas, perfect for a peaceful stroll or a picnic. There are also several walking trails that wind through the park, offering visitors the opportunity to explore the natural beauty of the area. The park also features a playground, a gazebo, and a pavilion, making it a great spot for families to spend time together.

Hillman Park is a scenic outdoor recreation area located in a rural area of Indiana. The park features a variety of activities for visitors to enjoy, including a large lake with a beach, a playground, picnic areas, and a walking trail. The lake is stocked with fish, making it a popular spot for fishing. The park also has a disc golf course, a basketball court, and a baseball field. Visitors can also take advantage of the park's camping facilities, which include RV sites and primitive camping sites.

Mcafee Park is a beautiful outdoor recreation area located in a small town in Indiana. It features a large lake, walking trails, picnic areas, and a playground. There is also a boat ramp, fishing pier, and a beach area. The park is surrounded by lush trees and rolling hills, making it a great place to relax and enjoy nature. Visitors can also take advantage of the park's many amenities, such as a disc golf course, basketball court, and a skate park.

Ted Hansen Memorial Park is a scenic park located in a small town in Indiana. It features a large lake with a beach, a playground, a picnic area, and a walking path. The park also has a pavilion, a gazebo, and a fishing pier. Visitors can enjoy a variety of activities such as swimming, fishing, and bird watching. The park is also home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a great place to relax and enjoy nature.

Lakefront Park is a scenic waterfront park located on the shores of Lake George in Hobart, Indiana. The park features a variety of recreational activities, including a beach, fishing pier, boat launch, picnic areas, playgrounds, and walking trails. The park also hosts a variety of events throughout the year, such as concerts, festivals, and fireworks displays. Visitors can also enjoy stunning views of the lake and the surrounding area from the park's observation deck.

Fred Rose Park is a beautiful outdoor attraction located in Hobart, Indiana. It features a large lake with a beach, a playground, a picnic area, and plenty of walking trails. There are also several sports fields, a disc golf course, and a skate park. The park is a great place to spend the day with family and friends, and it offers plenty of activities for all ages.

Arbor Lane Park is a picturesque park located in a quiet residential area. It features a large pond with a fountain, a playground, a walking path, and plenty of open green space. The park is a great spot for a picnic, a leisurely stroll, or a game of catch. There are also several benches and picnic tables scattered throughout the park, making it a great place to relax and take in the scenery.

Hobart, Indiana area median rent change by ZIP code map

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How does Hobart compare to other cities in Indiana?

citymedian price
Plainfield$1,780
Whiteland$1,775
Camden$1,685
Indianapolis (balance)$1,665
Warsaw$1,200
Lafayette$1,125
Mooreland$950

Average household income in Hobart area graph - US Census

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The median household income in Hobart in 2021 was $63,168. This represents a 16.0% change from 2011 when the median was $54,468.

#categorypercent
0Less than $10,0005.9%
1$10,000 to $14,9992.5%
2$15,000 to $19,9994.2%
3$20,000 to $24,9993.9%
4$25,000 to $29,9994.1%
5$30,000 to $34,9994.6%
6$35,000 to $39,9995.3%
7$40,000 to $44,9993.6%
8$45,000 to $49,9994.2%
9$50,000 to $59,9998.9%
10$60,000 to $74,99912.5%
11$75,000 to $99,99912.1%
12$100,000 to $124,99913.5%
13$125,000 to $149,9996.2%
14$150,000 to $199,9996.2%
15$200,000 or more2.4%

Neighborhoods in Hobart

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Hobart is $1,477.
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