Hammond, IN Rental Market Trends
The average rent for an apartment in Hammond is $833, a 2% increase compared to the previous year, when the average rent was $815.
Average Rent in Hammond, IN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$833||2%||802 sq. ft.|
The average size for a Hammond, IN apartment is 802 square feet, but this number varies greatly depending on apartment type. 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 Rent Trends
|Jan / 2016||May / 2016||Sept / 2016||Jan / 2017||May / 2017||Sept / 2017||Jan / 2018||May / 2018||Mar / 2019|
Average Rent in Hammond, IN By Neighborhood
The most affordable neighborhoods in Hammond are North Hammond, where the average rent goes for $773/month, Robertsdale, where renters pay $773/mo on average, and Hessville, where the average rent goes for $824/mo. If you’re looking for other great deals, check out the listings from Woodmar ($833), Central Hammond ($847), and South Hammond ($926), where the asking prices are below the average Hammond rent of $833/mo.
Hammond | Rent Comparison by Neighborhood
Rent in Central Hammond is 3% higher than in Hessville
Central Hammond rent is 2% higher than Hammond average
Hessville rent is 1% lower than Hammond average
How Does Hammond Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
|Crown Point City||$930||4%|
For more information about the Hammond rental trends, check out our monthly rent report