Cheap Apartments for Rent in Hammond, IN
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Average Rent Trends in Hammond, IN
Rent in Hammond, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,400 |
| Dec 2025 | $1,383 |
| Jan 2026 | $1,400 |
| Feb 2026 | $1,400 |
| Mar 2026 | $1,325 |
| Apr 2026 | $1,228 |
| May 2026 | $1,300 |
| Jun 2026 | $1,350 |
| Jul 2026 | $1,350 |
| Aug 2026 | $1,350 |
| Sep 2026 | $1,398 |
| Oct 2026 | $1,395 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,049 | $1,383 | $1,700 | $2,400 | $1,375 |
| Townhomes | $1,295 | $1,295 | $1,395 | — | $1,395 |
| Apartments and Condos | $1,025 | $1,300 | $1,395 | — | $1,100 |
| Houses | $895 | $1,485 | $1,895 | $2,400 | $1,695 |
Frequently Asked Questions about Rentals in Hammond, IN
- What is the average rent of an apartment in Hammond, IN?The average rent of an apartment in Hammond, IN is $1,124 per month. This is about 42% lower than the national average.
- What are the cheapest months to find an apartment to rent in Hammond, IN?Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,200 per month.
- How many cheap apartments are available in Hammond, IN?There are 61 apartments to rent that are cheaper than the city’s average rent of $1,375.
- When is the average rent most expensive in Hammond, IN?In the last year, the average rent in Hammond, IN was highest in Nov 2025 when it was $1,400 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Hammond, IN?The average rent of a 1 bedroom apartment in Hammond, IN is $1,049 per month. That is about $249 more than the cost of a studio apartment.
- What are some neighborhoods in Hammond, IN?Some neighborhoods in Hammond, IN include: Hessville, Central Hammond, Woodmar, South Hammond, North Hammond.
- What are some zip codes in Hammond, IN?
- What are some cities near Hammond, IN?Some nearby cities include: East Chicago, Calumet City, Burnham, Whiting, Munster. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Hammond, IN - 140 Rentas | Trulia