What is the rental vacancy rate in Hobart Township, IN?
The rental vacancy rate in Hobart Township, IN is 4.2% (±3.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 2.3% (±1.5 points).
1,100 (±306) homes, 6.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Hobart Township, the rental vacancy rate went from 7.4% in 2015–2019 to 4.2% in 2020–2024 (−3.2 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 4.2% (±3.5 points)
- Homeowner vacancy rate
- 2.3% (±1.5 points)
- Vacant homes
- 1,100 (±306)
Vacancy in Hobart Township against Lake County, its state and the nation
| Hobart Township | Lake County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.2% (±3.5 points) | 5.1% (±0.9 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 2.3% (±1.5 points) | 0.6% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 1,100 (±306) | 22,306 (±960) | 260,559 (±6,417) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Hobart Township, the rental vacancy rate is not measurably different from Lake County (5.1%).
It is not measurably different from Indiana (5.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Hobart Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Hobart Township | — | 4.2% (±3.5 points) | — |
| New Chicago | 1.0 mi | 6.8% (±10.5 points) | Not measurably different |
| Lake Station | 2.2 mi | 0.0% (±2.8 points) | Not measurably different |
| Hobart | 2.3 mi | 5.7% (±4.5 points) | Not measurably different |
| Portage Township (Porter County) | 5.0 mi | 4.8% (±3.3 points) | Not measurably different |
| Ross Township (Lake County) | 5.1 mi | 3.2% (±2.3 points) | Not measurably different |
| Gary | 5.3 mi | 7.0% (±1.5 points) | Not measurably different |
| Calumet Township | 5.4 mi | 7.0% (±1.5 points) | Not measurably different |
| Portage | 5.4 mi | 4.5% (±3.8 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Lake County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 8 (tie) | Dyer | 6.8% (±11.2 points) |
| 8 (tie) | New Chicago | 6.8% (±10.5 points) |
| 10 | Hobart | 5.7% (±4.5 points) |
| 11 | Hammond | 5.0% (±1.7 points) |
| 12 (tie) | Whiting | 4.9% (±6.1 points) |
| 12 (tie) | North Township (Lake County) | 4.9% (±1.3 points) |
| 14 | Hobart Township | 4.2% (±3.5 points) |
| 15 | Ross Township (Lake County) | 3.2% (±2.3 points) |
| 16 (tie) | Merrillville | 3.1% (±2.4 points) |
| 16 (tie) | Munster | 3.1% (±5.1 points) |
| 18 | East Chicago | 2.8% (±1.4 points) |
| 19 | St. John Township | 2.6% (±3.5 points) |
| 20 | Schererville | 1.4% (±2.3 points) |
Showing 13 of 31 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hobart Township
Is it hard to find a rental in Hobart Township?
The rental vacancy rate in Hobart Township, IN is 4.2% (±3.5 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Hobart Township tighter than it was?
In Hobart Township, the rental vacancy rate went from 7.4% in 2015–2019 to 4.2% in 2020–2024 (−3.2 percentage points), not a measurable change.
How many homes are vacant in Hobart Township?
An estimated 1,100 (±306) housing units, 6.5% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hobart township, Lake County, Indiana
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hobart township, Lake County, Indiana (county subdivision:34132, in state:18 county:089).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hobart Township at a glance
- Median rent in Hobart Township
- Rent by bedrooms in Hobart Township
- Rent burden in Hobart Township
- Renters and owners in Hobart Township
- Income and affordability in Hobart Township
- Home values in Hobart Township
- Homeowner costs in Hobart Township
- Property taxes in Hobart Township
- Types of homes in Hobart Township
- Bedrooms in Hobart Township
- Age of homes in Hobart Township
- Heating fuel in Hobart Township
- Commute and cars in Hobart Township
- Population growth in Hobart Township
- How long people stay in Hobart Township
- Crowding and facilities in Hobart Township
- Fair Market Rent in Hobart Township
- Indiana landlord and tenant rules
- Housing across Lake County
- Indiana places ranked by rental vacancy rate
- Housing data for every place in Indiana