Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Hammond City, LA Rental Market Trends
What is the average rent in Hammond City?
The average rent for an apartment in Hammond City is $865, a 7% increase compared to the previous year, when the average rent was $812.
Average Rent in Hammond City, LA
Last updated August 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $865 | 7% | 879 sq. ft. |
What is the average apartment size in Hammond City?
The average size for a Hammond City, LA apartment is 879 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 City, LA Apartment Rent Ranges
Hammond City, LA Occupied Housing Units
2,899 or 42% of the households in Hammond City, LA are renter-occupied while 3,972 or 57% are owner-occupied.
Hammond City, LA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Aug / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Hammond City, LA | $794 | $787 | $808 | $808 | $811 | $815 | $812 | $841 | $852 | $865 |
| National | $1,317 | $1,348 | $1,357 | $1,362 | $1,394 | $1,401 | $1,403 | $1,394 | $1,397 | $1,482 |
/
How Hammond City Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| New Orleans | $1,202 | 2% |
| Baton Rouge | $1,070 | 4% |
| Lafayette | $973 | 9% |
| Hammond | $865 | 7% |
| Hammond City | $865 | 7% |
| Lake Charles | $1,114 | 24% |
Most Popular Apartments in Hammond City
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Hammond City apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.