Search the lowest-cost Apartments available for rent right now in Hammond.
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hammond Studio Apartments | $1,400 | $950 | $1,629 |
| Hammond 1 Bedroom Apartments | $1,614 | $957 | $2,705 |
| Hammond 2 Bedroom Apartments | $1,964 | $1,055 | $3,399 |
| Hammond 3 Bedroom Apartments | $1,718 | $1,170 | $3,699 |
| Hammond 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
The cheapest available apartment rental in Hammond, MN is a Studio unit found at Heritage Manor Apartments in the Kutzky Park neighborhood priced from $925. Olympik Village Apartments in the North Rochester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Hammond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Manor Apartments | Lily | Studio,1BA | $925 |
| Olympik Village Apartments | Zeus | 1BR,1BA | $985 |
| Essex Place | Two Bedroom - Robin | 2BR,1BA | $1,045 |
| Forte Living of Rochester: 55+ Community! | Forte II- Blue Jay | Studio,1BA | $1,089 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,099 |
| Technology Park | Studio - 60% | 1BR,1BA | $1,144 |
| Winchester Apartments & Townhomes | Wilson | 2BR,1BA | $1,145 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1,295 |
| Wazuweeta Woods | Three Bedroom | 3BR,3BA | $1,300 |
| Berkshire Village | 2 Bedroom Standard | 2BR,1BA | $1,325 |
As of September 09, 2026 the best value apartment in the Hammond area is the $1.28 price per square foot 3 Bedroom Model at Harvestview Place II in the in the Northwest Rochester neighborhood starting from $1,569. The second greatest value Hammond apartment is the 2 Bedroom Model at Georgetowne Homes starting at $1,445 with a $1.21 price per square foot in the Northwest Rochester 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. |
|---|---|---|---|
| Harvestview Place II | 3 Bedroom | 3BR,2BA | $1.28 |
| Georgetowne Homes | 2 Bedroom | 2BR,2BA | $1.21 |
| Wazuweeta Woods | Three Bedroom | 3BR,3BA | $1.11 |
| Essex Place | Three Bedroom - Loon | 3BR,2BA | $1.37 |
| Haven Apartments | 2 X 1 | 2BR,1BA | $1.53 |
| The Riverview | 2bed/2 Bathroom | 2BR,2BA | $1.51 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.35 |
| Winchester Apartments & Townhomes | Wilson | 2BR,1BA | $1.21 |
| Ridgeway Estates Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.57 |
| Olympik Village Apartments | Zeus | 1BR,1BA | $1.41 |
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 ArticleEntering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleFrom 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.
Read ArticleThe 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.
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Currently the most affordable Cheap Studio Apartment in Hammond is at Heritage Manor Apartments listed at $925.
The lowest price for a Cheap One Bedroom Hammond Apartment is $980 at Heritage Manor Apartments.
Today's best deal for a Cheap Two Bedroom Apartment in Hammond is starting from $1,045 at Essex Place.
The best deal on a cheap Hammond Three Bedroom Apartment rental is at Essex Place and starts from $1,070.
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.
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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