Apartments in Hammond

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$1,395
3508 170th Ct Hammond, IN
3 BR | Available Now
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1
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$1,450
7441 White Oak Ave Hammond, IN
2 BR | Available Now
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$1,250
1648 172nd St Hammond, IN
2 BR | Available Now
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7
Call for Pricing
Hammond, IN
1 BR | Available Now
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Cat Friendly
10
$1,150
Hammond, IN
2 BR | Available Now
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Disability Access
11
$1,095
Hammond, IN
3 BR | Available Now
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5
$900
Hammond, IN
1 BR | Available Now
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Disability Access
West Calumet
9
$1,435
6427 Nebraska St Hammond, IN
3 BR | Available Now
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12
$1,175
Hammond, IN
3 BR | Available Now
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10
$1,550
7205 Mclaughlin St Hammond, IN
3 BR | Available Now
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7
$1,500
Hammond, IN
2 BR | Available Now
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9
$675
Hammond, IN
1 BR | Available Now
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Disability Access
7
$1,200
Hammond, IN
2 BR | Available Now
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2
$1,500
Hammond, IN
3 BR | Available Now
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0
$1,600
1673 175th St Hammond, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
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0
$950
Hammond, IN
1 BR | Available Now
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$1,350
6543 New Hampshire Hammond, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
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0
$1,300
6303 Madison Ave Hammond, IN
2 BR | Available Now
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$1,650
6324 Monroe Ave Hammond, IN
3 BR | Available Now
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How much does it cost to rent an apartment in Hammond?

Hammond Apartments
Bed Type Average Rent Range
Studio $850 $850 - $950
1BR $950 $690 - $1,220
2BR $1,300 $1,040 - $1,500
3BR $1,460 $1,110 - $1,640
4+BR $1,720 $1,450 - $1,990

Find a Hammond Apartment

Hammond is a city of 80,000 people that is part of Metropolitan Chicago. The city is dependent on a few large employers that hire the lion's share of the locals, including School City of Hammond, and the Horseshoe Casino, which by itself employs over 2,000 people.

Hammond is home to four privately owned universities, and one state school. The provision of local education options without having to commute into the rest of Chicago is appealing to many who prefer to live directly in Hammond. Hammond also draws many people from the rest of Greater Chicagoland into its borders, primarily due to the draw of the Horseshoe Casino.

When to Search

For many people, Hammond offers a chance to live in the Chicago area without having to pay the higher prices that you face when you move to a more central location. However, city is far enough removed from the heart of Chicago that vacancies remain high. April and May are prime season for apartment hunting in this area.

Staying in the Know

When you're renting in Hammond, you need to give some thought to your transportation time and costs if you're not also working in the immediate area. While the rents might be cheaper than other parts of Chicago, the commute times could negate any potential benefit. On the other hand, if you're working in the area, good prices and availability means that Hammond could be perfect for you.

Life in Hammond

Transportation

Hammond Transit operates the bus system that covers Hammond itself. You can also take the Hammond bus to Whiting or East Chicago. If you're commuting into the city, the South Shore Line commuter train provides a quick way into the heart of town. Once you're there, you can get on the Chicago subway line and commute to anywhere in the city at large with ease

Where to play

Lake Michigan provides a beautiful location for all of the cities located along its shores. Swimming is a popular activity in the lakefront area in Hammond. Visiting Nick and George's Restaurant for a steak and a beer is considered a bit of a local rite of passage. If you like live music and a slightly larger beer selection, Flat Rock Tap is a good choice of bars. A popular tourist destination, the Horseshoe Casino is also a fun place to visit as a local.

Search Cities Near Hammond, IN

Campuses Nearby

Hammond:
November Rent Report

Welcome to the November 2024 Hammond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Hammond rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hammond and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hammond average rent prices in the chart below.

Monthly Rent Report

$1,550
$1,160
$780
$390
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Hammond Rent Prices Increase From October to November

Hammond rent prices increased over the last month. From October to November, the city experienced a 1.12% increase for the price of a one-bedroom apartment. The rent price for a Hammond one-bedroom apartments currently stands at $1,081.0.

When we take a look at the two-bedroom comparison from October to November, Hammond experienced a 2.4% increase for the price of a two-bedroom apartment. The rent price for a Hammond two-bedroom apartments currently stands at $1,452.0.

November Prices: Hammond vs. Surrounding Areas

Rent Prices in Hammond and Surrounding Areas

Rent prices have increased in Hammond over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hammond suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Hammond suburbs

  • Rents did not decrease in any of the Hammond suburbs.

November 2024 Pricing Trends: Hammond vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Hammond Rent Prices More Affordable Than Major Cities

Rent growth in Hammond over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Hammond average rent prices appear to be relatively affordable for local residents.

The price for a Hammond one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hammond and surrounding area rent prices, take a look at the complete data set below.

Data set for Hammond and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.