Rent in 46342 (Hobart, IN)
In ZIP 46342 (Hobart, IN), a 2-bedroom typically rents for $1,234–$1,430 a month, 7% below the Lake County Fair Market Rent of $1,429. Other sizes: studio $941–$1,120, 1 bed $949–$1,180, 3 beds $1,327–$1,740, 4 beds $1,396–$1,900. Owner-occupied homes in Lake County pay about 0.92% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $941–$1,120 | $1,031 | $1,1178% below |
| 1 bed | $949–$1,180 | $1,065 | $1,1769% below |
| 2 beds | $1,234–$1,430 | $1,332 | $1,4297% below |
| 3 beds | $1,327–$1,740 | $1,534 | $1,73912% below |
| 4 beds | $1,396–$1,900 | $1,648 | $1,89813% below |
- Studio: HUD Small Area Fair Market Rent $1,120 (Oct 1, 2026); Census ACS 5-year median gross rent $941 ±$290 (Dec 31, 2024)
- 1 bed: HUD Small Area Fair Market Rent $1,180 (Oct 1, 2026); Census ACS 5-year median gross rent $949 ±$58 (Dec 31, 2024)
- 2 beds: HUD Small Area Fair Market Rent $1,430 (Oct 1, 2026); Census ACS 5-year median gross rent $1,234 ±$104 (Dec 31, 2024)
- 3 beds: HUD Small Area Fair Market Rent $1,740 (Oct 1, 2026); Census ACS 5-year median gross rent $1,327 ±$173 (Dec 31, 2024)
- 4 beds: HUD Small Area Fair Market Rent $1,900 (Oct 1, 2026); Census ACS 5-year median gross rent $1,396 ±$355 (Dec 31, 2024)
Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).
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Frequently asked questions
- What is the rent for a 2-bedroom in 46342?
- Typically $1,234–$1,430 a month, with a best guess of $1,332. That is 7% below the Lake County Fair Market Rent ($1,429).
- What is the rent for a 1-bedroom in 46342?
- Typically $949–$1,180 a month, with a best guess of $1,065. That is 9% below the Lake County Fair Market Rent ($1,176).
- What is the rent for a 3-bedroom in 46342?
- Typically $1,327–$1,740 a month, with a best guess of $1,534. That is 12% below the Lake County Fair Market Rent ($1,739).
- What is the rent for a studio in 46342?
- Typically $941–$1,120 a month, with a best guess of $1,031. That is 8% below the Lake County Fair Market Rent ($1,117).
- What is the rent for a 4-bedroom in 46342?
- Typically $1,396–$1,900 a month, with a best guess of $1,648. That is 13% below the Lake County Fair Market Rent ($1,898).
- What is the property tax rate in ZIP 46342?
- Owner-occupied homes in Lake County pay a typical 0.92% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do the 46342 rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).