
Cheap Apartments for Rent in Hammond, IL from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Hammond.


Moundford Terrace

Stones Crossing Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Woodcrest Apartment Homes

Timber Cove

Decatur Flats Apartments

Southwest Apartments

305 W Bower St

1312 E Logan 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.

103 S Elder Ln
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.

341 S Haworth Ave

520 N Oak St

518 N Oak St
Hammond, IL Local Guide

How much does it cost to rent an apartment in Hammond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hammond Studio Apartments | $637 | $575 | $655 |
Hammond 1 Bedroom Apartments | $1,266 | $500 | $2,010 |
Hammond 2 Bedroom Apartments | $1,347 | $507 | $2,500 |
Hammond 3 Bedroom Apartments | $1,367 | $675 | $2,150 |
Hammond 4 Bedroom Apartments | $1,529 | $1,529 | $1,529 |
Browse Top Apartments in Hammond
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Hammond, IL Local Guide
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Cheapest Available Hammond Apartments for Rent and Nearby
 The cheapest available apartment rental in Hammond, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Hammond apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
Rider Place | 1 Bedroom | 1BR,1BA | $500 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Southwest Apartments | 1902 Karen Ct | 1BR,1BA | $795 |
Barrington | 1 Bedroom | 1BR,1BA | $805 |
Best Value Apartments for Rent in Hammond, IL and Nearby
As of June 02, 2025 the best value apartment in the Hammond area is the $1.17 price per square foot 3 Bedroom Townhome (Remodeled) Model at Tuscany Ridge Townhomes in the starting from $1,495. The second greatest value Hammond apartment is the 2404 Leeper Dr Model at Southwest Apartments starting at $1,350 with a $1.32 price per square foot . 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. |
---|---|---|---|
Tuscany Ridge Townhomes | 3 Bedroom Townhome (Remodeled) | 3BR,2.5BA | $1.17 |
Southwest Apartments | 2404 Leeper Dr | 2BR,1.5BA | $1.32 |
Colony West | 2BR/1BA Condo | 2BR,1BA | $1.16 |
Lincolnshire West | 2 Bedroom Garden Premium | 2BR,1.5BA | $1.39 |
The Brickstone | 2x1 | 2BR,1BA | $1.14 |
2474 N Florian | 1st Floor | 2BR,1.5BA | $1.13 |
Prairie Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.26 |
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hammond, IL Rentals by Map
See the most popular apartments and homes in Hammond, IL
Getting Around Hammond, IL
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hammond Apartments
How much is rent for a Cheap One Bedroom Hammond Apartment?
The lowest price for a Cheap One Bedroom Hammond Apartment is $421 at RESERVE AT LAKEVIEW.
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 $630 at Rider Place.
What is the most affordable Hammond Three Bedroom Apartment?
The best deal on a cheap Hammond Three Bedroom Apartment rental is at Rider Place and starts from $675.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.