
Cheap Homes for Rent in Hammond, IN from $900 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Hammond.


3927 Elm St

4631 Hickory Ave

833 E 114th St

1225 Lyons St

8821 Schneider Ave
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.

8831 Schneider Ave

519 W Columbus Dr

1115 W 150th St

4806 Alexander Ave

35 Ruth 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.

9737 S Ave N

10401 S Ewing Ave

10401 S Ewing Ave

10542 S Ave L

1311 E Columbus Dr

6516 Meadow Ln Ave
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

8841 Schneider Ave
Hammond, IN 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 | $1,535 | $900 | $2,600 |
| Hammond 3 Bedroom Homes for Rent | $1,872 | $1,295 | $4,200 |
| Hammond 4 Bedroom Homes for Rent | $2,306 | $1,175 | $3,300 |
| Hammond 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Hammond
Explore Hammond
Hammond, IN Local Guide
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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 $1,099. 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 |
| Park West | 1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.) | 1BR,1BA | $1,099 |
| Tanglewood | Phase II, Floorplan D, 1 Bedroom, 1 Bath | 1BR,1BA | $1,139 |
| Williamsburg Square | One Bedroom | 1BR,1BA | $1,195 |
| Douglas Pointe Apartments | 1x1 | 1BR,1BA | $1,230 |
Best Value Apartments for Rent in Hammond, IN
As of December 13, 2025 the best value apartment in the Hammond area is the $1.12 price per square foot 18329 West St Model at 18329 West St, Unit Unit 2 in the in the Bernice neighborhood starting from $1,900. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 18329 West St, Unit Unit 2 | 18329 West St | 3BR,1.5BA | $1.12 |
| Harbor Point Estates | Double & Single Used | 3BR,2BA | $1.12 |
| 9427 S Ewing Ave, Unit 1R | 9427 S Ewing Ave | 2BR,1BA | $1.18 |
| 1155 N Indiana St, Unit B | 1155 N Indiana St | 2BR,1BA | $1.21 |
| 9752 S Avenue J | 9752 S Avenue J | 2BR,1BA | $1.30 |
| Boulevard North Townhomes | A | 2BR,1BA | $1.38 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1.56 |
| 8 Waltham St, Unit 1R | 8 Waltham St | 1BR,1BA | $1.15 |
| Morton Apartments | 1BR/1BA | 1BR,1BA | $1.28 |
| Park West | 1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.) | 1BR,1BA | $1.64 |
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.
Read ArticleBest 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
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 ArticleA 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
Read ArticleQuick 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.
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
Frequently Asked Questions about Hammond
What type of rentals are currently available in Hammond?
There are currently 317 Apartments for Rent in Hammond, IN with pricing that ranges from $849 to $2,949. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hammond ranging from $900 to $4,200.
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 $900 to $4,200 with an average monthly rent of $1,966.
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 $2,274, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,175 and Four Bedroom Apartments start at $2,886.
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

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.

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.

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.

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

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.

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.



