Cheap Homes for Rent in Hammond, IN from $700 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in Hammond.

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Hammond, IN Local Guide

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 ListingModel NameBed/BathPriced From
Morton Apartments1BR/1BA1BR,1BA$895
1131 Ridge RdRooms1BR,1BA$900
Douglas Pointe Apartments1x11BR,1BA$1,065
The Banc HammondUnits 311-911Studio,1BA$1,200
Park West1 Bedroom, 1 Bath (704 sqft.)1BR,1BA$1,209

Best Value Apartments for Rent in Hammond, IN

As of June 05, 2025 the best value apartment in the Hammond area is the $0.56 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 Double & Single Used Model at Harbor Point Estates starting at $1,450 with a $1.12 price per square foot in the South Chicago 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.
922 Summer St, Unit 2922 Summer St2BR,1BA$0.56
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
2435 Ridgewood St3BR/1.0BA3BR,1BA$1.45
Farmer2x1B2BR,1BA$1.49
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
TanglewoodPhase I, Floorplan A, 2 Bedroom, 1 Bath2BR,1BA$1.80
Bernice HomesTwo Bedroom home2BR,1BA$1.69
9427 S Ewing Ave, Unit 19427 S Ewing AveStudio ,1BA$1.00
1131 Ridge RdRooms1BR,1BA$1.29
Morton Apartments1BR/1BA1BR,1BA$1.28

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Frequently Asked Questions about Hammond

What type of rentals are currently available in Hammond?

There are currently 312 Apartments for Rent in Hammond, IN with pricing that ranges from $745 to $3,329. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hammond ranging from $750 to $3,260.

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 $750 to $3,260 with an average monthly rent of $1,590.

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 $1,050 to $3,329, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,260. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,150.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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The Art of the Rental Viewing: What to look for during a property tour

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.