Hammond, IN Rental Market Trends
What is the average rent in Hammond?
The average rent for an apartment in Hammond is $1,159. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Hammond, IN
Last updated March 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,159 | 775 sq. ft. |
What is the average apartment size in Hammond?
The average size for a Hammond, IN apartment is 775 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Hammond, IN apartment rent ranges
Hammond, IN Occupied Housing Units
11,025 or 37% of the households in Hammond, IN are renter-occupied while 18,394 or 63% are owner-occupied.
Hammond, IN rent trends
Average Rent in Hammond, IN By Neighborhood
| City | Average Rent |
|---|---|
| Woodmar | $1,232 |
| Central Hammond | $1,206 |
| Hessville | $1,020 |
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What are the most affordable neighborhoods in Hammond?
The most affordable neighborhoods in Hammond are Hessville, where the average rent goes for $1,020/month, Central Hammond, where renters pay $1,206/mo on average, and Woodmar, where the average rent goes for $1,232/mo.
Hammond | Rent Comparison by Neighborhood
Rent in Central Hammond is 18% higher than in Hessville
$1,206
Central Hammond rent is 4% higher than Hammond average
Average Rent
$1,206
$1,020
Hessville rent is 12% lower than Hammond average
Average Rent
$1,020
How Hammond Compares to Other Cities
| State | Average Rent |
|---|---|
| Indianapolis | $1,250 |
| Greenwood | $1,330 |
| New Albany | $1,092 |
| Fort Wayne | $1,148 |
| Bloomington | $1,634 |
| Lafayette | $1,132 |
| South Bend | $1,298 |
| Jeffersonville | $1,208 |
| Carmel | $1,627 |
| Noblesville | $1,549 |
| Hammond | $1,159 |
| Merrillville | $1,374 |
| Gary | $917 |
| Lansing | $1,277 |
| Tinley Park | $1,896 |
| Crown Point | $1,609 |
| Hobart | $1,346 |
| Oak Lawn | $1,346 |
| Portage | $1,308 |
| Richton Park | $1,526 |
| Chicago Heights | $1,006 |
What is the average price for a storage unit in Hammond?
The average rent for a non-climate-controlled 10'x10' storage unit in Hammond is $131.2. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Hammond
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HARRISON PARK APARTMENTS HPAPT
234-236 WALTHAM ST, 5935 HYSLOP PL, HAMMOND, IN 46320| 1 BED | $885 |
| 2 BEDS | $930 |
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IBIN_31_19_Waltham
IBIN_31_19_Waltham, HAMMOND, IN 46320| 4 BEDS | $1,600 |
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7436 Columbia
7436 Columbia, Hammond, IN 46324| 2 BEDS | $1,425 |