Cheap Apartments for Rent in Hobbs, IN from $500 (36 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 918 S Bell St

918 S Bell St

KokomoIN46901

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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 ApartmentsStudio Unfurnished/FurnishedStudio,1BA$750
Pine Manor Apartments1BR/1.0BA1BR,1BA$750
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 May 10, 2025 the best value apartment in the Hobbs area is the $1.12 price per square foot 2 Beds, 2 Baths Model at Tin Plate Apartments in the starting from $1,195. The second greatest value Hobbs apartment is the Two Bedroom Model at Grissom Estates Apartments starting at $1,055 with a $1.10 price per square foot in the Wareham's Pond neighborhood. 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.
Tin Plate Apartments2 Beds, 2 Baths2BR,2BA$1.12
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.10
MAPLE CREST2x1AUp2BR,1BA$1.08
Timbernest Townhomes1BR/1.5BA1BR,1.5BA$1.17
Fox Acres Apartments1 Bed Room1BR,1BA$1.01
First Flats2bed/1bath Partially Renovated2BR,1BA$1.22
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.90
Bradford Run ApartmentsRedbud1BR,1BA$1.11
Sycamore Apartments1 Bedroom1BR,1BA$1.25
2930 Albright1 Bed1BR,1BA$1.16

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Hobbs, IN

Ranked #23

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:
Location, Location, Location!

Explore Hobbs, IN Rentals by Map

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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 Concord Square 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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.