4+ Bedroom Apartment Rent in Hobart, IN
Median asking rent for a 4+ bedroom apartment in Hobart, Indiana as of August 2026. That's +17% higher than the citywide median of $1,379 and +36% below the national 4+ bedroom median of $2,522.
Income needed for a 4+ bedroom in Hobart
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 4+ bedroom at the current median rent.
Rent by apartment size in Hobart
Compare Hobart's median rent across every apartment size.
Cheapest cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | East Chicago | $1,230 |
| 2 | New Castle | $1,250 |
| 3 | Angola | $1,290 |
| 4 | Crawfordsville | $1,299 |
| 5 | Richmond | $1,350 |
| 6 | Marion | $1,370 |
| 7 | La Porte | $1,394 |
| 8 | Kokomo | $1,395 |
| 9 | Elkhart | $1,400 |
| 10 | Terre Haute | $1,430 |
| 11 | Mishawaka | $1,440 |
| 12 | Goshen | $1,460 |
| 13 | Muncie | $1,485 |
| 14 | Michigan City | $1,490 |
| 15 | Warsaw | $1,490 |
Most expensive cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,960 |
| 2 | Whitestown | $2,830 |
| 3 | Carmel | $2,820 |
| 4 | McCordsville | $2,560 |
| 5 | Lawrence | $2,560 |
| 6 | Avon | $2,530 |
| 7 | Westfield | $2,500 |
| 8 | Fishers | $2,480 |
| 9 | Brownsburg | $2,390 |
| 10 | Noblesville | $2,235 |
| 11 | Sellersburg | $2,180 |
| 12 | Plainfield | $2,180 |
| 13 | Greenwood | $2,160 |
| 14 | Indianapolis | $2,143 |
| 15 | Granger | $2,040 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 4+ bedroom rents than Hobart.
| City | Distance | 4+ Bedroom rent | vs Hobart |
|---|---|---|---|
| Lake Station, IN | 4.1 mi | $1,640 | +$20 (+1%) |
| Merrillville, IN | 6.6 mi | $1,910 | +$290 (+18%) |
| Portage, IN | 6.7 mi | $1,600 | $-20 (-1%) |
| Gary, IN | 8.2 mi | $1,550 | $-70 (-4%) |
| Crown Point, IN | 9.7 mi | $1,830 | +$210 (+13%) |
| Valparaiso, IN | 12.8 mi | $1,720 | +$100 (+6%) |
| Schererville, IN | 14.2 mi | $1,800 | +$180 (+11%) |
| Highland, IN | 14.8 mi | $1,840 | +$220 (+14%) |
| East Chicago, IN | 16.9 mi | $1,230 | $-390 (-24%) |
| Munster, IN | 17.9 mi | $1,920 | +$300 (+19%) |
| Lansing, IL | 21.3 mi | $2,310 | +$690 (+43%) |
| Calumet City, IL | 22.2 mi | $2,160 | +$540 (+33%) |
4+ Bedroom rent in Hobart — common questions
How much is a 4+ bedroom apartment in Hobart?
As of August 2026, the median 4+ bedroom apartment rent in Hobart, Indiana is $1,620 per month. This is +17% higher than the citywide median of $1,379.
What income do you need to afford a 4+ bedroom in Hobart?
Using the standard 30% rent-to-income rule, you would need an annual income of about $64,800 ($5,400/month gross), which works out to roughly $31.15/hour at a full-time job.
Is Hobart expensive for a 4+ bedroom compared to the rest of the US?
Hobart's 4+ bedroom median of $1,620 is +36% below the national 4+ bedroom median of $2,522. It ranks in the 12th percentile of US cities tracked.
How does Hobart rank for 4+ bedroom rent in Indiana?
Among the 62 cities in Indiana with 4+ bedroom data, Hobart ranks #22 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Hobart?
Yes — nearby cities with cheaper 4+ bedroom rents include Portage ($1,600), Gary ($1,550), East Chicago ($1,230).