
Cheap Apartments for Rent in Hammond, IN from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Hammond.


7012 Kennedy Ave

7104 Hohman Ave, Unit North unit
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

3925 Ivy St
Hammond, IN Local Guide

How much does it cost to rent an apartment in Hammond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Hammond Studio Apartments | $1,241 | $1,169 | $1,334 |
Cheap Hammond 1 Bedroom Apartments | $1,423 | $895 | $1,911 |
Cheap Hammond 2 Bedroom Apartments | $1,514 | $795 | $3,593 |
Cheap Hammond 3 Bedroom Apartments | $1,693 | $1,049 | $2,697 |
Cheap Hammond 4 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
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Hammond, IN Local Guide

- Hammond Neighborhoods
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Cheapest Available Hammond Apartments for Rent
 The cheapest available apartment rental in Hammond, IN is a 1 Bed unit found at Morton Apartments in the Fairmeadow neighborhood priced from $895. Park West in the Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,038. Here is today’s list of the most affordable Hammond apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Morton Apartments | 1BR/1BA | 1BR,1BA | $895 |
Park West | 1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.) | 1BR,1BA | $1,038 |
Douglas Pointe Apartments | 1x1 | 1BR,1BA | $1,065 |
Tanglewood | Phase II, Floorplan C, 1 Bedroom, 1 Bath | 1BR,1BA | $1,120 |
The Banc Hammond | Units 310-910 | Studio,1BA | $1,169 |
Best Value Apartments for Rent in Hammond, IN
As of March 26, 2025 the best value apartment in the Hammond area is the $0.70 price per square foot 922 Summer St Model at 922 Summer St, Unit 2 in the in the Roxana neighborhood starting from $1,400. The second greatest value Hammond apartment is the Double & Single Used Model at Harbor Point Estates starting at $1,450 with a $1.12 price per square foot in the South Chicago neighborhood. Here is today’s list of the best values for Hammond apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
922 Summer St, Unit 2 | 922 Summer St | 2BR,1BA | $0.70 |
Harbor Point Estates | Double & Single Used | 3BR,2BA | $1.12 |
Farmer | 2x1B | 2BR,1BA | $1.47 |
2229-2243 169th St | 2BR/1.0BA | 2BR,1BA | $1.40 |
Boulevard North Townhomes | A | 2BR,1BA | $1.38 |
Orchard Park | 2x1AR | 2BR,1BA | $1.56 |
Park West | 2 Bedroom, 1.5 Bath (884 sqft.) | 2BR,1.5BA | $1.58 |
Tanglewood | Phase II, Floorplan C, 1 Bedroom, 1 Bath | 1BR,1BA | $1.50 |
Morton Apartments | 1BR/1BA | 1BR,1BA | $1.28 |
Douglas Pointe Apartments | 1x1 | 1BR,1BA | $1.61 |
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Hammond Overview
If you are looking for an excellent living area close to Chicago, IL, consider Hammond, IN. Only 28 miles from the famous city limits, Hammond is the perfect place for students, young adults, and families. Nearly 77,000 people reside here, enjoying the prestigious academic center, lakefront beaches, pleasant parks and reserves, tasty restaurants and lively bars, and an intriguing historical district. There are plenty of beautiful apartments in Hammond, close to amenities and entertainment. One of the major attraction points is the affordable rental costs and living expenses compared to other nearby cities.
Why live in Hammond, IN?
If you are looking for apartments in Hammond, you may want to know why you should choose this city. Regarding best features, the affordability is unbeatable compared to other cities in Indiana and the United States. Combining the low cost of living with its proximity to Chicago, you have an ideal location. While Hammond has entertainment options and excellent amenities, you can also take a trip to the big city for new experiences. Families who move to Hammond delight in the close-knit residential areas and pretty parks, while young adults enjoy lively nightlife thanks to the Purdue University student community. Additionally, career-oriented folks can take advantage of numerous job opportunities in several flourishing industries.
Best Local Schools in Hammond, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hammond, IN Rentals by Map
See the most popular apartments and homes in Hammond, IN
Getting Around Hammond, IN
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some 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
What is the Cheapest Studio apartment in Hammond?
Currently the most affordable Cheap Studio Apartment in Hammond is at The Banc Hammond listed at $1,169.
How much is rent for a Cheap One Bedroom Hammond Apartment?
The lowest price for a Cheap One Bedroom Hammond Apartment is $895 at Morton Apartments.
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 $965 at Morton Apartments.
What is the most affordable Hammond Three Bedroom Apartment?
The best deal on a cheap Hammond Three Bedroom Apartment rental is at Harbor Point Estates and starts from $1,450.
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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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
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