Cheap Apartments for Rent in Hammond, IN from $500 (54 Rentals)

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6519 Harrison Ave
$875 - $925
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $925

Total Monthly Price
$875 - $925
1 Bedroom Apartment Available Aug 1

6519 Harrison Ave

6519 Harrison AveHammond, IN 46324
Cost Per Sq.Ft.
  • Smoke Free

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Southmoor Apartments
Studio to 1 Bedroom Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included
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Lawndale Apartments
1 to 2 Bedroom Apartments

Lawndale Apartments

6930 Hohman AveHammond, IN 46324
  • Utilities Included
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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
  • Utilities Included
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Saxony Town Homes
2 to 4 Bedroom Apartments

Saxony Town Homes

1349 175th StHammond, IN 46324
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Greenbriar Apartments
Studio to 2 Bedroom Apartments

Greenbriar Apartments

3510 173rd StHammond, IN 46323
  • Utilities Included
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Camelot Apartments
Studio to 1 Bedroom Apartments

Camelot Apartments

6423 Kennedy AveHammond, IN 46323
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2650 164th Pl
1 Bedroom Apartments

2650 164th Pl

2650 164th PlHammond, IN 46323
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Grand Orchard
1 to 2 Bedroom Apartments

Grand Orchard

3605 Orchard DrHammond, IN 46323
  • Utilities Included
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Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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McLaughlin Apartments
1 to 2 Bedroom Apartments

McLaughlin Apartments

1550 169th StHammond, IN 46324
  • Utilities Included
property at 521 King St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

521 King St

GaryIN46406

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property at 3802 Catalpa St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Home for Rent

Available Now

3802 Catalpa St

East ChicagoIN46312
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Divine Properties
1 to 3 Bedroom Apartments

Divine Properties

816 E 38th PlGriffith, IN 46319
  • Utilities Included
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1131 Ridge Rd
1 Bedroom Apartments

1131 Ridge Rd

1131 Ridge RdMunster, IN 46321
Furnished
  • Utilities Included

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.

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3020 178th St
2 to 3 Bedroom Apartments

3020 178th St

3020 178th StLansing, IL 60438
  • Utilities Included
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308 Elizabeth Street
Studio to 1 Bedroom Apartments

308 Elizabeth Street

308 Elizabeth StCalumet City, IL 60409
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470 Gordon
Studio to 2 Bedroom Apartments

470 Gordon

470 Gordon AveCalumet City, IL 60409

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Hammond, IN Local Guide

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Local Guide Expert

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. Kennedy Crossing Apartments in the Roxana neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Hammond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morton Apartments1BR/1BA1BR,1BA$895
Kennedy Crossing ApartmentsThe PrarieStudio,1BA$999
Park West1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.)1BR,1BA$1,089
Douglas Pointe Apartments2x12BR,1BA$1,164
TanglewoodPhase II, Floorplan D, 1 Bedroom, 1 Bath1BR,1BA$1,189
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1,350

Best Value Apartments for Rent in Hammond, IN

As of July 10, 2026 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 9351 Kennedy Ave Model at 9351 Kennedy Ave, Unit Lower Unit , apt 1 starting at $1,500 with a $1.36 price per square foot in the Fairmeadow 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
9351 Kennedy Ave, Unit Lower Unit , apt 19351 Kennedy Ave2BR,2BA$1.36
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1.56
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
4021 Main St, Unit Unit24021 Main St2BR,1BA$1.06
4823 Northcote Ave, Unit Back house4823 Northcote Ave3BR,1BA$1.58
Bernice HomesTwo Bedroom home2BR,1BA$1.69
2037 Calumet Ave2037 Calumet Ave2BR,1BA$1.46
Park West1 Bedroom, 1 Bath Ground Level w Patio (728 sqft.)1BR,1BA$1.69
Morton Apartments1BR/1BA1BR,1BA$1.28

Don'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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

Hammond, IN
Population: 75,795

Ranked #467

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $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 $995 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

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.

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