Hammond, IN Rental Market Trends

Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Hammond, IN

Last updated: February 20, 2026

Hammond, IN rent trends

Rental prices in Hammond, IN have increased by 7.01% over the past year. The average rent moved from $1,156 to $1,237.

What's the typical rent budget in Hammond, IN?

The largest share of rentals in Hammond, IN (75%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Hammond, IN?

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Average Rent in Hammond, IN By Neighborhood

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Hammond | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Central Hammond is 15% higher than in Hessville

$1,288

Central Hammond rent is 4% higher than Hammond average

Average Rent $1,288
$1,119

Hessville rent is 10% lower than Hammond average

Average Rent $1,119

How Hammond Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hammond apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.