Cheap Apartments for Rent in Hammond, IN from $500 (14 Rentals)

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Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living
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Saxony Town Homes
2 to 4 Bedroom Apartments

Saxony Town Homes

1349 175th StHammond, IN 46324
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Grand Orchard
1 to 2 Bedroom Apartments

Grand Orchard

3605 Orchard DrHammond, IN 46323
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2650 164th Pl
1 Bedroom Apartments

2650 164th Pl

2650 164th PlHammond, IN 46323
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3925 Ivy St
$9002 Bedroom, 1 Bath RentalsAvailable Now

3925 Ivy St

East Chicago, IN 46312
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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

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Divine Properties
1 to 3 Bedroom Apartments

Divine Properties

816 E 38th PlGriffith, IN 46319

Hammond, IN Local Guide

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Local Guide Expert

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 $991. Here is today’s list of the most affordable Hammond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morton Apartments1BR/1BA1BR,1BA$895
Park West1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.)1BR,1BA$991
TanglewoodPhase II, Floorplan D, 1 Bedroom, 1 Bath1BR,1BA$1,110
Williamsburg SquareOne Bedroom1BR,1BA$1,125
The Banc HammondUnits 301-901Studio,1BA$1,179

Best Value Apartments for Rent in Hammond, IN

As of February 15, 2025 the best value apartment in the Hammond area is the $0.56 price per square foot 922 Summer St Model at 922 Summer St, Unit 1 in the in the Roxana neighborhood starting from $1,500. The second greatest value Hammond apartment is the 1700 La Porte Ave Model at 1700 La Porte Ave, Unit 2 starting at $1,500 with a $0.94 price per square foot in the Marktown neighborhood. 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.
922 Summer St, Unit 1922 Summer St2BR,1BA$0.56
1700 La Porte Ave, Unit 21700 La Porte Ave2BR,1BA$0.94
10422 S Avenue L, Unit 210422 S Avenue L3BR,1BA$0.93
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
13449 S Baltimore, Unit 1st floor Rear apartment13449 S Baltimore2BR,1BA$0.92
4249 Hohman Ave, Unit 1-c4249 Hohman Ave3BR,1BA$1.18
2023 45th St, Unit 2023 - 3062023 45th St1BR,1BA$1.02
Boulevard North TownhomesA2BR,1BA$1.38
2465 Birch Ave, Unit apt22465 Birch Ave2BR,1BA$1.26
Morton Apartments1BR/1BA1BR,1BA$1.28

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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.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Hammond, IN Rentals by Map

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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

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 $1,179.

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 $1,550.

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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