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Average Rent in Hammond 46324 & Rent Trends

Rent prices and market trends across 1 apartment community in Hammond 46324, Hammond, IN. Updated daily.

Market Average

$1,349/mo

Lowest Available

$1,349/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

2

available now

Hammond 46324 vs Hammond, IN Average

Hammond 46324 is cheaper the Hammond, IN average by $41/mo (3%). The citywide average is $1,390/mo across all neighborhoods.

Is Rent Going Up or Down in Hammond 46324?

As of July 2026, the average rent in Hammond 46324 is $1,349 per month across 1 apartment community and 2 available units.

The most affordable option is Boulevard North Townhomes starting at $1,349/mo. By unit type, a 2-bedroom averages $1,349/mo.

Prices range from $1,349 to $1,349 per month. The most common price point is the $1,200 range, where 2 units are currently listed.

Rent by Bedroom Type in Hammond 46324

2 Bed
$1,349
from $1,349 · 2 units

Rent Prices by Apartment in Hammond 46324

Property Starting at Average Units Rating
Boulevard North Townhomes $1,349/mo $1,349/mo 2 4.4

Frequently Asked Questions About Rent in Hammond 46324

What is the average rent in Hammond 46324?

The average rent in Hammond 46324 is $1,349 per month as of July 2026, based on 2 units across 1 apartment communities.

Is rent going up or down in Hammond 46324?

The current average rent in Hammond 46324 is $1,349/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Hammond 46324?

The most affordable apartment in Hammond 46324 is Boulevard North Townhomes with units starting at $1,349/mo.

How many apartments are available in Hammond 46324?

There are 2 units available across 1 apartment communities in Hammond 46324.

What salary do I need to live comfortably in Hammond 46324?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$54,000/year

Based on the 30 percent rule, using our tracked average rent of $1,349/mo.

Comfortable income

$65,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

Median household income in Hammond 46324 is $53,950 , about 17% below the comfortable-living threshold.

Cost of living in Hammond 46324

Overall prices in Hammond 46324 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 46324's regional price parities.

Category Monthly estimate
Rent (market average) $1,349
Utilities $477
Groceries $563
Transportation $1,138
Healthcare $555
Other goods and services $888
Estimated total $4,970/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.

Explore Hammond 46324 Apartments

Browse all 1 communities with daily-updated pricing and availability.

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