Homes & Apartments for Rent in Hammond, IN

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What to Know About

Life in Hammond & Beyond

Hammond shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Hammond, IN

As of May 2026, Hammond's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Hammond's average rent is 7.2% ($92) lower than the Indiana average of $1,284 and 33.4% ($597) lower than the U.S. average of $1,789.

Average Rent
$1,192
Monthly ChangeMonth Over Month Change
Increased1.9% ($22)
Yearly ChangeYear Over Year Change
Increased11.7% ($125)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $997 Increased0.6% ($6) Increased8.8% ($81)
2 Beds $1,208 Decreased1.1% ($13) Increased13% ($139)
3 Beds $1,639 Increased0.3% ($5) Decreased1.9% ($32)
Nearby Cities Average Rent Avg. Rent vs. HammondAverage Rent vs. Hammond Avg. Days on MarketAverage Days on Market
Calumet City $1,265 Increased6.1% ($73) 28 days
East Chicago $991 Decreased16.9% ($201) 26 days
Lansing $1,544 Increased29.5% ($352) 29 days
Whiting $1,315 Increased10.3% ($123) 23 days
Highland $2,129 Increased78.6% ($937) 26 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hammond Rental Market FAQs

Explore rental prices, market trends, and availability in Hammond, IN.

The average rent in Hammond, IN is $1,192 per month.
Homes in Hammond typically rent for between $698 and $2,131 per month, with an average of $1,192 per month.
In Hammond, the average rent for a 1-bedroom home is $997 per month, for a 2-bedroom home, $1,208 per month, and a 3-bedroom home is $1,639 per month.
The average rent in Hammond is 33.4% ($597) lower than the national average of $1,789 per month.
The average rent in Hammond has increased by 1.9% ($22) in the last month and increased by 11.7% ($125) over the past year.
The rental market in Hammond, IN, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Hammond, IN, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 24 rental properties available in Hammond, IN.
Based on the current averages, a household would need an annual income of $48,320 to comfortably afford a 2-bedroom home in Hammond.
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