Rent in Hobbs, IN
A 2-bedroom in Hobbs, IN (ZIP 46047) typically rents for about $1,239 a month, with a range of $1,239. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Tipton County. Owner-occupied homes in Tipton County pay about 0.65% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $941 | $941 | 1 |
| 1 bed | $947 | $947 | 1 |
| 2 beds | $1,239 | $1,239 | 1 |
| 3 beds | $1,476 | $1,476 | 1 |
| 4 beds | $1,628 | $1,628 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Hobbs ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hobbs, IN?
- About $1,239 a month: the median of the typical rents in 1 ZIP code, which range from $1,239. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hobbs, IN?
- About $947 a month: the median of the typical rents in 1 ZIP code, which range from $947. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hobbs, IN?
- About $1,476 a month: the median of the typical rents in 1 ZIP code, which range from $1,476. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hobbs, IN?
- About $941 a month: the median of the typical rents in 1 ZIP code, which range from $941. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hobbs, IN?
- About $1,628 a month: the median of the typical rents in 1 ZIP code, which range from $1,628. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Hobbs, IN?
- Owner-occupied homes in Tipton County pay a typical 0.65% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Hobbs rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).