Cheap Apartments for Rent in Hobbs, IN from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hobbs.

property at 918 S Bell St

918 S Bell St

KokomoIN46901
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Indigo
1 Bedroom Apartments

Indigo

532 W Mulberry StKokomo, IN 46901
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Hobbs, IN Local Guide

Cheapest Available Hobbs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hobbs, IN is a 1 Bed unit found at 2930 Albright priced from $695. Lincolnwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Hobbs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2930 Albright1 Bed1BR,1BA$695
Lincolnwood Apartments1BR/1BA1BR,1BA$700
Bradford Run ApartmentsRedbud1BR,1BA$748
Concord Square ApartmentsStudioStudio,1BA$750
The Macy ApartmentsStudioStudio,1BA$750
306 RiverfrontS1-1Studio,1BA$755
Fox Acres Apartments1 Bed Room1BR,1BA$755
North Pointe Commons1BR/1BA1BR,1BA$775
Sycamore Apartments1 Bedroom1BR,1BA$800
410 - WINDING BROOK APARTMENTS1 Bedroom - 2nd Floor1BR,1BA$829

Best Value Apartments for Rent in Hobbs, IN and Nearby

As of April 13, 2025 the best value apartment in the Hobbs area is the $1.19 price per square foot 2 Bedroom Townhome Model at Rivers Edge Apartments I & II in the in the Pebble Brook neighborhood starting from $1,325. The second greatest value Hobbs apartment is the 2 Beds, 2 Baths Model at Tin Plate Apartments starting at $1,195 with a $1.12 price per square foot . Here is today’s list of the best values for Hobbs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rivers Edge Apartments I & II2 Bedroom Townhome2BR,1.5BA$1.19
Tin Plate Apartments2 Beds, 2 Baths2BR,2BA$1.12
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.10
Brentwood Greene2 Bedroom Unit2BR,1BA$1.09
MAPLE CREST2x1AUp2BR,1BA$1.08
Fox Acres Apartments1 Bed Room1BR,1BA$1.01
First Flats2bed/1bath Renovated2BR,1BA$1.25
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.92
Bradford Run ApartmentsRedbud1BR,1BA$1.11
2930 Albright1 Bed1BR,1BA$1.16

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Pet Friendly Lifestyle
Hobbs, IN

Ranked #31

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
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See the most popular apartments and homes in Hobbs, IN

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Frequently Asked Questions about Cheap Hobbs Apartments

What is the Cheapest Studio apartment in Hobbs?

Currently the most affordable Cheap Studio Apartment in Hobbs is at The Macy Apartments listed at $750.

How much is rent for a Cheap One Bedroom Hobbs Apartment?

The lowest price for a Cheap One Bedroom Hobbs Apartment is $695 at 2930 Albright.

What is the lowest price for a Cheap Two Bedroom Hobbs Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hobbs is starting from $790 at Lincolnwood Apartments.

What is the most affordable Hobbs Three Bedroom Apartment?

The best deal on a cheap Hobbs Three Bedroom Apartment rental is at North Pointe Commons and starts from $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.