Hammond, IN Rental Market Trends
What is the average rent in Hammond?
The average rent for an apartment in Hammond is $1,084. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Hammond, IN
Average Rent | Average Apartment Size |
---|---|
$1,084 | 788 sq. ft. |
What is the average apartment size in Hammond?
The average size for a Hammond, IN apartment is 788 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
11,549 or 39% of the households in Hammond, IN are renter-occupied while 17,772 or 61% are owner-occupied.
Hammond, IN rent trends

Average Rent in Hammond, IN By Neighborhood
Neighborhood | Average Rent |
---|---|
South Hammond | $1,203 |
Central Hammond | $1,118 |
Woodmar | $1,084 |
Hessville | $1,061 |
North Hammond | $1,039 |
Robertsdale | $1,039 |
What are the most affordable neighborhoods in Hammond?
The most affordable neighborhoods in Hammond are North Hammond, where the average rent goes for $1,039/month, Robertsdale, where renters pay $1,039/mo on average, and Hessville, where the average rent goes for $1,061/mo. If you’re looking for other great deals, check out the listings from Woodmar ($1,084), Central Hammond ($1,118), and South Hammond ($1,203), where the asking prices are below the average Hammond rent of $1,084/mo.
What are the most expensive neighborhoods in Hammond?
The most expensive neighborhoods in Hammond are Woodmar ($1,084), Central Hammond ($1,118) and South Hammond ($1,203).
What are the most popular neighborhoods in Hammond?
The most popular neighborhood in Hammond is Central Hammond, where there are 3 listings with an average rent of $1,118. Next up is Hessville, where apartments go for $1,061/month, followed by South Hammond with $1,203 If you’re looking to rent in Hammond’s most popular neighborhoods, make sure to also check out Woodmar, where renters pay $1,084 on average, and North Hammond, where the average monthly rent is $1,039.
Hammond | Rent Comparison by Neighborhood
Rent in Central Hammond is 5% higher than in Hessville
Central Hammond rent is 3% higher than Hammond average
Average Rent | $1,118 |
---|
Hessville rent is 2% lower than Hammond average
Average Rent | $1,061 |
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How Hammond Compares to Other Cities
City | Average Rent |
---|---|
Chicago | $2,309 |
Indianapolis | $1,191 |
Oak Park | $2,118 |
Evanston | $2,295 |
New Albany | $1,050 |
Bloomington | $1,445 |
Greenwood | $1,231 |
Jeffersonville | $1,147 |
Lafayette | $1,003 |
Fort Wayne | $1,099 |
Lawrence | $1,056 |
South Bend | $1,205 |
Carmel | $1,653 |
Naperville | $1,904 |
Lansing | $1,137 |
Matteson | $2,640 |
Merrillville | $1,303 |
Riverdale | $940 |
Schaumburg | $1,794 |
Arlington Heights | $1,875 |
Hammond | $1,084 |
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 $154.33. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.