Rental market snapshot for Hobart, Indiana

Hobart, Indiana Rental Property Market Overview

The average rent for an apartment in Hobart is $1,347. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -2.4% over the past year.

Hobart is a city in Lake County, Indiana, United States. The population was 29,059 at the 2010 census. It is the county seat of Lake County. Hobart is located at 41°26′40″N 87°18′11″W (41.444667, -87.303056). According to the 2010 census, Hobart has a total area of 16.16 square miles (41.72 km2), of which 16.15 square miles (41.71 km2) (or 99.94%) is land and 0.01 square miles (0.03 km2) (or 0.06%) is water.

Last Updated December 23, 2022

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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 $1,575
  • The cheapest ZIP Code in Hobart is 46342 with an average price of $1,250

Hobart ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
146342$1,575

Live near Hobart, Indiana's Top Sights and Attractions

City Ball Park is a baseball stadium located in Hobart, Indiana. The stadium is home to the Hobart High School baseball team. The stadium has a capacity of 1,500 people.

Festival Park is a large park that hosts a variety of events throughout the year. The park has a playground, a pavilion, a walking trail, and a pond. Festival Park is also home to the Hobart Summer Concert Series, which features a different band each week.

The Hobart Historical Society is a local history museum that is located in the former Lake County Courthouse. The museum features exhibits on the history of the city of Hobart and Lake County. The museum is open to the public on weekdays from 9:00am to 4:00pm.

Evergreen Memorial Park is a beautiful, serene place where visitors can come to reflect and remember their loved ones. The park is home to a variety of trees and flowers, and features a lovely pond and fountain. Visitors can also take a stroll down the park's winding paths, or sit and enjoy the peaceful surroundings.

Hillman Park is a beautiful park located in the heart of Hobart, Indiana. The park features a variety of amenities including a playground, picnic pavilion, walking trails, and a pond. The park is also home to the Hobart Summer Concert Series, which features a variety of local and regional musicians.

Mcafee Park is a large park with a playground, a basketball court, and a walking trail. The park also has a pond with a fountain in the center.

Ted Hansen Memorial Park is a beautiful park located on the shores of Lake George. The park features a playground, picnic areas, a walking trail, and a gazebo. The park is also home to the Hobart Summer Concert Series, which features free concerts every Wednesday night during the summer months.

Lakefront Park is a public park located on the shores of Lake George in Hobart, Indiana. The park features a playground, picnic areas, a walking trail, and a fishing pier.

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
Warsaw$1,795
Goshen$1,199
Avon$1,845
Hobart$1,470
Indianapolis$1,590
New Albany$1,295
Granger$1,509
Merrillville$925

Average household income in Hobart area graph - US Census

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The median household income in Hobart in 2021 was $63,356. This represents a 15.4% change from 2011 when the median was $54,880.

#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%

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.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

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.
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