Average Rent in Hammond, IN
4 apartment buildings, 44 units. Daily asking prices with rent history for every building.
Cheapest
$1,072/mo
Hammond Elderly Housing
Properties
4
tracked daily
Units
44
available now
Hammond, IN Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 4 properties in Hammond, IN.
Average rent trend, last month
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Hammond, IN Rent Prices
All 4 properties ranked by lowest available rent.
Hammond Elderly Housing
5111 Sohl Ave, Hammond, IN 46320, USA
Tanglewood Apartments
2217 Tanglewood Dr, Hammond, IN 46323, USA
Douglas Pointe Apartments
5525 Hyles Blvd, Hammond, IN 46320, USA
The Banc Hammond
5231 Hohman Ave Suite 1, Hammond, IN 46320, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Hammond Elderly Housing 5111 Sohl Ave, Hammond, IN 46320, USA | $1,072 | $1,072 | $1.85 | 4.3 (34) | 1 |
| 2 | Tanglewood Apartments 2217 Tanglewood Dr, Hammond, IN 46323, USA | $1,262 | $1,453 | $1.80 | 3.5 (226) | 18 |
| 3 | Douglas Pointe Apartments 5525 Hyles Blvd, Hammond, IN 46320, USA | $1,290 | $1,607 | $2.02 | 3.7 (145) | 15 |
| 4 | The Banc Hammond 5231 Hohman Ave Suite 1, Hammond, IN 46320, USA | $1,341 | $1,603 | $2.92 | 4.1 (20) | 9 |
Rent & Price History by Building
Hammond Elderly Housing
4.3 (34)5111 Sohl Ave, Hammond, IN 46320, USA
Tanglewood Apartments
3.5 (226)2217 Tanglewood Dr, Hammond, IN 46323, USA
Douglas Pointe Apartments
3.7 (145)5525 Hyles Blvd, Hammond, IN 46320, USA
The Banc Hammond
4.1 (20)5231 Hohman Ave Suite 1, Hammond, IN 46320, USA
By Area
Hammond, IN neighborhoods
Tracked buildings across 3 named neighborhoods. Pick one to see its apartments.
Hammond, IN Average Rent Prices 2026
The average rent in Hammond, IN is $1,520 per month, based on 44 units across 4 apartment communities. Prices range from $1,072 at Hammond Elderly Housing to $2,090 at Douglas Pointe Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,357/mo | $1,341/mo | 2 |
| 1 Bed | $1,449/mo | $1,072/mo | 21 |
| 2 Bed | $1,555/mo | $1,100/mo | 19 |
| 3 Bed | $2,090/mo | $2,090/mo | 2 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Hammond, IN, and what they pay
Tracked one-bedroom rent in Hammond, IN averages $1,449/mo, with two-bedroom units averaging $1,555/mo. At the local median household income of $53,950, that works out to 34% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Hammond, IN at $1,089/mo. The current tracked market average runs 40% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Hammond, IN while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Hammond, IN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$61,000/year
Based on the 30 percent rule, using our tracked average rent of $1,520/mo.
Comfortable income
$73,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,072/mo), you need to earn at least $43,000/year.
Median household income in Hammond, IN is $53,950 , about 26% below the comfortable-living threshold.
Cost of living in Hammond, IN
Overall prices in Hammond, IN runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Hammond, IN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,520 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,141/mo |
Population
77,098
Median household income
$53,950
Census median rent
$1,089/mo
Rent as % of income
31.0%
Median age
37.1
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Indiana
How Hammond, IN rent compares to other markets in the state.
| City | Avg Rent | vs Hammond, IN | 30-Day Change | Properties |
|---|---|---|---|---|
| Fishers, IN | $1,858 | +22% | -4.3% | 13 |
| Carmel, IN | $1,680 | +11% | -4.3% | 12 |
| Greenwood, IN | $1,421 | -7% | -1.2% | 11 |
| Bloomington, IN | $1,629 | +7% | +2.4% | 10 |
| Westfield, IN | $1,803 | +19% | +5.8% | 10 |
| Indianapolis, IN | $1,909 | +26% | -10.6% | 9 |
Frequently asked questions
What is the average rent in Hammond, IN?
The average rent in Hammond, IN is $1,520 per month, based on 44 units across 4 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Hammond, IN?
The median asking rent in Hammond, IN is $1,499 per month, computed from 44 live listed units and refreshed daily. The average is $1,520/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Hammond, IN?
The lowest available rent in Hammond, IN starts at $1,072 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Hammond, IN?
1-bedroom apartments in Hammond, IN average $1,449/mo. The lowest listed 1-bedroom starts at $1,072/mo across 21 units tracked.
How much is a 2-bedroom apartment in Hammond, IN?
2-bedroom apartments in Hammond, IN average $1,555/mo. Units start from $1,100/mo across 19 units currently listed.
Rent Trends in Hammond, IN
Track how apartment prices are changing over time.
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