Cheap Apartments for Rent in Hammond, IL from $400 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hammond.

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Barrington
1 Bedroom Apartments

Barrington

2541-2553 W Springfield AveChampaign, IL 61821
Utilities inc.
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Hessel on the Park
2 Bedroom Apartments

Hessel on the Park

1601-1862 Valley RdChampaign, IL 61820
Utilities inc.
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2474 N Florian
2 Bedroom Apartments

2474 N Florian

2474 N Florian AveDecatur, IL 62526
Utilities inc.
Showing Results 1-33, Page 1 of 1

Hammond, IL Local Guide

Cheapest Available Hammond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hammond, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Hammond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Rider Place1 Bedroom1BR,1BA$500
Stones Crossing ApartmentsNO DEPOSIT, 299 FIRST MONTHS RENT MOVES YOU IN!!!!1BR,1BA$550
Decatur Flats Apartments2BR/1.0BA2BR,1BA$850
Colony CourtTwo Bedroom2BR,1BA$1,025
Lincolnshire West2 Bedroom Upper Standard2BR,1BA$1,040
Stonegate Village by Royse + BrinkmeyerThe Sandstone2BR,1BA$1,125
Sterling On First1x1 Gold1BR,1BA$1,280
Prestwick Point706 Inverness Dr2BR,2BA$1,300
The LegendsThe Oakmont1BR,1BA$1,360

Best Value Apartments for Rent in Hammond, IL and Nearby

As of February 26, 2025 the best value apartment in the Hammond area is the $1.29 price per square foot 2BR/1.5BA Town Model at Colony West in the starting from $1,500. The second greatest value Hammond apartment is the 706 Inverness Dr Model at Prestwick Point starting at $1,300 with a $1.16 price per square foot . Here is today’s list of the best values for Hammond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony West2BR/1.5BA Town2BR,1.5BA$1.29
Prestwick Point706 Inverness Dr2BR,2BA$1.16
Stonegate Village by Royse + BrinkmeyerThe Sandstone w/ Loft- Remodeled2BR,1.5BA$1.22
Colony CourtTwo Bedroom2BR,1BA$1.13
Lincolnshire West2 Bedroom Garden Premium2BR,1.5BA$1.39
Decatur Flats Apartments2BR/1.0BA2BR,1BA$0.98
The LegendsThe Merion1BR,1BA$1.65
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsNO DEPOSIT 399 FIRST MONTHS RENT MOVES YOU IN!!...1BR,1BA$1.07
Rider Place1 Bedroom1BR,1BA$0.92

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Getting Around Hammond, IL

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Hammond Apartments

How much is rent for a Cheap One Bedroom Hammond Apartment?

The lowest price for a Cheap One Bedroom Hammond Apartment is $421 at RESERVE AT LAKEVIEW.

What is the lowest price for a Cheap Two Bedroom Hammond Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hammond is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Hammond Three Bedroom Apartment?

The best deal on a cheap Hammond Three Bedroom Apartment rental is at Rider Place and starts from $675.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.