Yep! Most definably.
He is the one character that the readers are rooting for, the one that the story follows. I haven't tracked him through the hero cycle yet since I haven't read the book in a while and my memory isn't the best, but I bet he would fit into it quite nicely.
The hobbit Bilbo Baggins, mainly, although he had an awful lot of help along the way.
In the Hobbit is is Bilbo Baggins and in LOTR technically it is Frodo Baggins.
bilbo becomes a hero in the end.
Bilbo Baggins is a hobbit from J.R.R. Tolkien's "The Hobbit" and "The Lord of the Rings" series. He is known for his love of comfort and a quiet life, yet he embarks on an unexpected adventure that changes him profoundly. Bilbo is resourceful, brave, and ultimately proves himself to be a hero.
Bilbo Baggins is a hobbit from The Shire.
The dwarves are Bilbo's friends for most of the Hobbit.
Bilbo is 50 years old at the beginning of "The Hobbit."
Bilbo Baggins was 50 years old at the beginning of "The Hobbit."
Bilbo Baggins of Bag-end, Hobbiton, The Shire.
Bilbo IS a Hobbit. Etymologically, a Hobbit is literally a "hole dweller" while Bilbo means "a short sword".
Bilbo was 50 years old when he left the Shire in "The Hobbit."
Frodo Baggins is the main hobbit character, due to the fact that the greatest burden is placed on him. There is a lot of discussion about who the hero is in The Lord of the Rings. Many believe that Sam is the hero, the one who represents every man. In The Fellowship of the Ring, Frodo is definitely the main hobbit, as we hear mostly his thoughts and feelings. The same goes in the Two Towers. However, Sam is the main hobbit in the Return of the King, as he is the only one left to continue the quest and he saves Frodo and things are seen from his point of view.