Cheap Homes for Rent in Hammond, IN from $900 (22 Rentals)

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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

Hammond, IN Local Guide

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 ListingModel NameBed/BathPriced From
Morton Apartments1BR/1BA1BR,1BA$895
Park West1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.)1BR,1BA$1,038
TanglewoodPhase II, Floorplan C, 1 Bedroom, 1 Bath1BR,1BA$1,120
The Banc HammondUnits 310-910Studio,1BA$1,169
Douglas Pointe Apartments1x11BR,1BA$1,210

Best Value Apartments for Rent in Hammond, IN

As of March 25, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
922 Summer St, Unit 2922 Summer St2BR,1BA$0.70
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
Farmer2x1B2BR,1BA$1.47
2229-2243 169th St2BR/1.0BA2BR,1BA$1.40
Boulevard North TownhomesA2BR,1BA$1.38
Orchard Park2x1AR2BR,1BA$1.56
Park West2 Bedroom, 1.5 Bath (884 sqft.)2BR,1.5BA$1.58
Bernice HomesTwo Bedroom home2BR,1BA$1.69
TanglewoodPhase II, Floorplan C, 1 Bedroom, 1 Bath1BR,1BA$1.50
Morton Apartments1BR/1BA1BR,1BA$1.28

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Frequently Asked Questions about Hammond

What type of rentals are currently available in Hammond?

There are currently 311 Apartments for Rent in Hammond, IN with pricing that ranges from $795 to $3,593. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hammond ranging from $900 to $3,741.

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 $3,741 with an average monthly rent of $1,883.

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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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.

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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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.