Cheap Homes for Rent in Hammond, MN from $900 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 28 6th Ave SE

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available May 11

28 6th Ave SE

RochesterMN55904
property at 607 11th Ave NE

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available May 10

607 11th Ave NE

RochesterMN55906
property at 7 11th Ave SW

$1,245

Total Monthly Price

Total Monthly Price

Base Rent
$1,245

Total Monthly Price
$1,245

2 Bedroom, 1 Bath Home for Rent

Available May 1

7 11th Ave SW

RochesterMN55902

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.

property at 366 Elton Hills Dr NW

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jun 12

366 Elton Hills Dr NW

RochesterMN55901
property at 20 Mayo Park Dr SE

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

20 Mayo Park Dr SE

RochesterMN55904
property at 725 7th St NW

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

725 7th St NW

RochesterMN55901

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 524 10th St SE

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Now

524 10th St SE

RochesterMN55904

Hammond, MN Local Guide

Cheapest Available Hammond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hammond, MN is a 1 Bed unit found at Essex Place in the Northwest Rochester neighborhood priced from $1,020. Rochester Heights in the Northwest Rochester 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 ListingModel NameBed/BathPriced From
Essex PlaceOne Bedroom - Finch1BR,1BA$1,020
Rochester Heights1 Bedroom B1BR,1BA$1,099
Technology ParkStudio - 80%Studio,1BA$1,195

Best Value Apartments for Rent in Hammond, MN and Nearby

As of April 12, 2026 the best value apartment in the Hammond area is the $1.11 price per square foot 3 BD/ 1.5BA Model at The Brittany's Apartments and Townhomes in the in the Kutzky Park neighborhood starting from $1,850. The second greatest value Hammond apartment is the 3 Bedroom Model at River Glen starting at $1,665 with a $1.19 price per square foot in the North Rochester 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.
The Brittany's Apartments and Townhomes3 BD/ 1.5BA2BR,1.5BA$1.11
River Glen3 Bedroom3BR,2BA$1.19
Georgetowne Homes3 Bedroom3BR,2BA$1.19
Avani LivingTwo Bedroom A2BR,2BA$1.53
1st Avenue Flats2 Bedroom2BR,2BA$1.48
301 Main Street South2 Bedrooms, 2 Bathrooms2BR,2BA$1.60
Crown Apartments2 Bed 1 Bath Small-Top Floor2BR,1BA$1.62
Berkshire Village2 Bedroom Standard2BR,1BA$1.62
Carty Family Apartments2-Bed Apartment2BR,1BA$1.61
Essex PlaceOne Bedroom - Canary1BR,1BA$1.53

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Hammond, MN Rentals by Map

View Map
Hammond, MN Apartments Map
View Map
Hammond, MN Rental Homes Map

Frequently Asked Questions about Hammond

What type of rentals are currently available in Hammond?

There are currently 47 Apartments for Rent in Hammond, MN with pricing that ranges from $955 to $2,750. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hammond ranging from $950 to $5,500.

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 $950 to $5,500 with an average monthly rent of $2,197.

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.