Cheap Homes for Rent in Hammond, IN from $900 (20 Rentals)

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property at 3423 Ridge Rd

3423 Ridge Rd

LansingIL60438

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.

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.

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.

property at 155 142nd St

155 142nd St

HammondIN46327
property at 1127 Burr St

1127 Burr St

GaryIN46406

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. 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 ListingModel NameBed/BathPriced From
Morton Apartments1BR/1BA1BR,1BA$895
Douglas Pointe Apartments1x11BR,1BA$1,065
Park West1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.)1BR,1BA$1,159
The Banc HammondUnits 311-911Studio,1BA$1,185
464 Gordon Ave2 Bedroom 1 Bath Apartment2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
10021 S Exchange Ave, Unit 210021 S Exchange Ave2BR,1BA$0.96
2435 Ridgewood St3BR/1.0BA3BR,1BA$1.50
Farmer2x1A2BR,1BA$1.57
TanglewoodPhase II, Floorplan B, 2 Bedroom, 2 Bath2BR,2BA$1.56
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
9427 S Ewing Ave, Unit 19427 S Ewing AveStudio ,1BA$1.00
Bernice HomesTwo Bedroom home2BR,1BA$1.69
Morton Apartments1BR/1BA1BR,1BA$1.28
Douglas Pointe Apartments1x11BR,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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.