
Cheap Homes for Rent in Hammond, IN from $900 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Hammond.


3632 Tompkins St

3423 Ridge Rd

3722 Parrish Ave

1050 Moss St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

486 Buffalo Ave

3568 Tompkins St

627 Douglas Ave

469 Hirsch Ave

1147 Logan St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

935 W Glen Park Ave, Unit 301

2940 Bernice Ave

9515 S Ave N

10630 S Ave M

3907 Hemlock St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

155 142nd St

934 N Wood St

938 N Wood St

18014 Wentworth Ave

1127 Burr St
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
Hammond, IN Local Guide

How much does it cost to rent a home in Hammond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hammond 2 Bedroom Homes for Rent | $1,528 | $900 | $2,600 |
Hammond 3 Bedroom Homes for Rent | $1,927 | $1,100 | $3,950 |
Hammond 4 Bedroom Homes for Rent | $2,425 | $2,350 | $2,500 |
Browse Top Homes for Rent in Hammond
Explore Hammond
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. Douglas Pointe Apartments in the Bernice neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. 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 |
Douglas Pointe Apartments | 1x1 | 1BR,1BA | $1,065 |
Park West | 1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.) | 1BR,1BA | $1,159 |
The Banc Hammond | Units 311-911 | Studio,1BA | $1,185 |
464 Gordon Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,240 |
Best Value Apartments for Rent in Hammond, IN
As of May 15, 2025 the best value apartment in the Hammond area is the $1.12 price per square foot Double & Single Used Model at Harbor Point Estates in the in the South Chicago neighborhood starting from $1,450. The second greatest value Hammond apartment is the 10021 S Exchange Ave Model at 10021 S Exchange Ave, Unit 2 starting at $1,150 with a $0.96 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. |
---|---|---|---|
Harbor Point Estates | Double & Single Used | 3BR,2BA | $1.12 |
10021 S Exchange Ave, Unit 2 | 10021 S Exchange Ave | 2BR,1BA | $0.96 |
2435 Ridgewood St | 3BR/1.0BA | 3BR,1BA | $1.50 |
Farmer | 2x1A | 2BR,1BA | $1.57 |
Tanglewood | Phase II, Floorplan B, 2 Bedroom, 2 Bath | 2BR,2BA | $1.56 |
8 Waltham St, Unit 1R | 8 Waltham St | 1BR,1BA | $1.15 |
9427 S Ewing Ave, Unit 1 | 9427 S Ewing Ave | Studio ,1BA | $1.00 |
Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
Morton Apartments | 1BR/1BA | 1BR,1BA | $1.28 |
Douglas Pointe Apartments | 1x1 | 1BR,1BA | $1.61 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Hammond
What type of rentals are currently available in Hammond?
There are currently 312 Apartments for Rent in Hammond, IN with pricing that ranges from $775 to $3,649. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hammond ranging from $900 to $3,950.
What is the current price range for Rental Homes in Hammond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hammond ranges from $900 to $3,950 with an average monthly rent of $1,801.
How much are larger Three and Four Bedroom Rentals in Hammond?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hammond range from $1,050 to $3,129, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $1,175.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.