
Cheap Homes for Rent in Hammond, IL from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Hammond.


567 W Leafland Ave

1613 E Johns Ave

2913 E Cardinal Dr

1353 N Morgan St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1311 E Garfield Ave

2284 E Clay St

403 E Division St

1363 E Johns Ave

1148 S Hilton St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

401 S 19th St

2152 E Johns Ave

290 S Maffit St

328 E Kellar Ln

1286 E Vanderhoof St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2005 N Charles St

2340 E North St
Hammond, IL 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 | $916 | $650 | $1,700 |
| Hammond 3 Bedroom Homes for Rent | $1,090 | $650 | $1,650 |
| Hammond 4 Bedroom Homes for Rent | $1,730 | $1,072 | $2,900 |
| Hammond 5 Bedroom Homes for Rent | $1,633 | $1,350 | $1,800 |
| Hammond 7 Bedroom Homes for Rent | $2,490 | $2,490 | $2,490 |
Browse Top Homes for Rent in Hammond
Explore Hammond
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. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $461. 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 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $461 |
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
| Timber Cove | The Yawl | 1BR,1BA | $755 |
Best Value Apartments for Rent in Hammond, IL and Nearby
As of November 07, 2025 the best value apartment in the Hammond area is the $1.20 price per square foot 4x2 Cobalt Model at Sterling on First in the starting from $1,529. The second greatest value Hammond apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 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. |
|---|---|---|---|
| Sterling on First | 4x2 Cobalt | 4BR,2BA | $1.20 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| 509 Charleston Ave | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| 2474 N Florian | Unit 11 | 2BR,1.5BA | $1.13 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $0.61 |
| Timber Cove | The Yawl | 1BR,1BA | $1.08 |
| 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 |
| The Quarry Apartments | Flintstone | 1BR,1BA | $1.13 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Hammond, IL
Frequently Asked Questions about Hammond
What type of rentals are currently available in Hammond?
There are currently 38 Apartments for Rent in Hammond, IL with pricing that ranges from $461 to $3,399. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hammond ranging from $650 to $2,900.
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 $650 to $2,900 with an average monthly rent of $1,571.
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 $613 to $3,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,072 and Four Bedroom Apartments start at $1,469.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.