Rent by ZIP · Lake County
Rent in Hobart, IN 46342
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,430 (+6.7% vs FY2026). Renters in this ZIP code pay a median $1,132 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,120 | $980 | +14.3% | $1,008–1,232 | $941 ±$290 |
| 1 bedroom | $1,180 | $1,100 | +7.3% | $1,062–1,298 | $949 ±$58 |
| 2 bedrooms | $1,430 | $1,340 | +6.7% | $1,287–1,573 | $1,234 ±$104 |
| 3 bedrooms | $1,740 | $1,640 | +6.1% | $1,566–1,914 | $1,327 ±$173 |
| 4 bedrooms | $1,900 | $1,770 | +7.3% | $1,710–2,090 | $1,396 ±$355 |
Small Area FMRs for the Gary, IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Gary, IN HUD Metro FMR Area, 2 bedrooms: $1,429.
What renters pay in 46342
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 46341 | Hebron | $1,180 | $985 |
| 46340 | Hanna | $1,070 | – |
| 46345 | Kingsbury | $1,250 | – |
| 46346 | Kingsford Heights | $1,160 | $840 |
| 46347 | Kouts | $1,130 | $883 |
| 46348 | La Crosse | $1,360 | – |
Fair Market Rents across Lake County, IN · All IN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.