50 Webb St
HammondIN46320
Cheap Apartments for Rent in Hammond, IN from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Hammond.
close
View Me
from $7951 to 2 Bedroom Apartments Available Now
Morton Apartments
3812-3818 169th StHammond, IN 46323
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
3923 Elm St
East ChicagoIN46312
3423-3425 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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-20, Page 1 of 1
Hammond, IN Local Guide
Downtown Hammond by Wiki User: Matt314 is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Hammond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Hammond Studio Apartments | $1,187 | $750 | $1,334 |
| Cheap Hammond 1 Bedroom Apartments | $1,486 | $895 | $2,169 |
| Cheap Hammond 2 Bedroom Apartments | $1,650 | $795 | $2,500 |
| Cheap Hammond 3 Bedroom Apartments | $1,965 | $1,200 | $3,429 |
| Cheap Hammond 4 Bedroom Apartments | $1,825 | $1,150 | $2,500 |
Browse Top Apartments in Hammond
See all Apartments in HammondExplore Hammond
Hammond, IN Local Guide
Written By:
Staff Writer Local Guide Expert
- Hammond Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 1131 Ridge Rd in the Bernice neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Hammond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Morton Apartments | 1BR/1BA | 1BR,1BA | $895 |
| 1131 Ridge Rd | Rooms | 1BR,1BA | $900 |
| Douglas Pointe Apartments | 1x1 | 1BR,1BA | $1,065 |
| The Banc Hammond | Units 311-911 | Studio,1BA | $1,200 |
| Park West | 1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.) | 1BR,1BA | $1,239 |
Best Value Apartments for Rent in Hammond, IN
As of June 16, 2025 the best value apartment in the Hammond area is the $0.75 price per square foot 922 Summer St Model at 922 Summer St, Unit 2 in the in the Roxana neighborhood starting from $1,500. The second greatest value Hammond apartment is the 1700 La Porte Ave Model at 1700 La Porte Ave, Unit 2 starting at $1,350 with a $0.84 price per square foot in the Marktown neighborhood. 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. |
|---|---|---|---|
| 922 Summer St, Unit 2 | 922 Summer St | 2BR,1BA | $0.75 |
| 1700 La Porte Ave, Unit 2 | 1700 La Porte Ave | 2BR,1BA | $0.84 |
| Harbor Point Estates | Double & Single Used | 3BR,2BA | $1.12 |
| 2435 Ridgewood St | 3BR/1.0BA | 3BR,1BA | $1.45 |
| Orchard Park | 2x1AR | 2BR,1BA | $1.74 |
| 8 Waltham St, Unit 1R | 8 Waltham St | 1BR,1BA | $1.15 |
| Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
| 9427 S Ewing Ave, Unit 1 | 9427 S Ewing Ave | Studio ,1BA | $1.00 |
| Morton Apartments | 1BR/1BA | 1BR,1BA | $1.28 |
| 1131 Ridge Rd | Rooms | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Hammond area?
If you’re an expert on all things Hammond, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Hammond Overview
If you are looking for an excellent living area close to Chicago, IL, consider Hammond, IN. Only 28 miles from the famous city limits, Hammond is the perfect place for students, young adults, and families. Nearly 77,000 people reside here, enjoying the prestigious academic center, lakefront beaches, pleasant parks and reserves, tasty restaurants and lively bars, and an intriguing historical district. There are plenty of beautiful apartments in Hammond, close to amenities and entertainment. One of the major attraction points is the affordable rental costs and living expenses compared to other nearby cities.
Why live in Hammond, IN?
If you are looking for apartments in Hammond, you may want to know why you should choose this city. Regarding best features, the affordability is unbeatable compared to other cities in Indiana and the United States. Combining the low cost of living with its proximity to Chicago, you have an ideal location. While Hammond has entertainment options and excellent amenities, you can also take a trip to the big city for new experiences. Families who move to Hammond delight in the close-knit residential areas and pretty parks, while young adults enjoy lively nightlife thanks to the Purdue University student community. Additionally, career-oriented folks can take advantage of numerous job opportunities in several flourishing industries.
Best Local Schools in Hammond, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hammond, IN Rentals by Map
See the most popular apartments and homes in Hammond, IN
Hammond, IN Apartments MapHammond, IN Rental Homes MapGetting Around Hammond, IN
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some 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
What is the Cheapest Studio apartment in Hammond?
Currently the most affordable Cheap Studio Apartment in Hammond is at The Banc Hammond listed at $1,200.
How much is rent for a Cheap One Bedroom Hammond Apartment?
The lowest price for a Cheap One Bedroom Hammond Apartment is $895 at Morton Apartments.
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 $965 at Morton Apartments.
What is the most affordable Hammond Three Bedroom Apartment?
The best deal on a cheap Hammond Three Bedroom Apartment rental is at Harbor Point Estates and starts from $1,450.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.