Cheap Homes for Rent in Hammond, IN from $800 (9 Rentals)

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

property at 5716 Calumet Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

5 Bedroom, 1 Bath Condo for Rent

Available Now

5716 Calumet Ave, Unit 4

5716 Calumet Ave
HammondIN46320

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.

property at 2604 40th Pl

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

2604 40th Pl, Unit Apt. B

2604 40th Pl
HighlandIN46322

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.

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. Park West in the Outlying North Lake County IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here is today’s list of the most affordable Hammond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morton Apartments1BR/1BA1BR,1BA$895
Park West1 Bedroom, 1 Bath (704 sqft.)1BR,1BA$1,029
Douglas Pointe Apartments2x12BR,1BA$1,164

Best Value Apartments for Rent in Hammond, IN

As of March 14, 2026 the best value apartment in the Hammond area is the $1.41 price per square foot 18329 West St Model at 18329 West St, Unit 2R in the in the Bernice neighborhood starting from $2,050. 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.
18329 West St, Unit 2R18329 West St3BR,1.5BA$1.41
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
1155 N Indiana St, Unit B1155 N Indiana St2BR,1BA$1.23
9752 S Avenue J9752 S Avenue J2BR,1BA$1.30
Farmer2x1A2BR,1BA$1.49
1706 Cleveland2BR/1.0BA2BR,1BA$1.39
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1.56
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Morton Apartments1BR/1BA1BR,1BA$1.28
Park West1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.)1BR,1BA$1.55

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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 Hammond

What type of rentals are currently available in Hammond?

There are currently 309 Apartments for Rent in Hammond, IN with pricing that ranges from $825 to $2,886. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hammond ranging from $825 to $4,550.

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 $825 to $4,550 with an average monthly rent of $1,581.

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 $883 to $2,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $4,550. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,695.

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.

Helpful Local Expert Guides

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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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.