Rentometer, Inc. | Data as of 01/10/2026
Hammond’s rental market offers a diverse mix of apartments and single‑family homes that cater to students, professionals, and families alike. One‑bedroom apartments typically rent in the $800s, while two‑ and three‑bedroom units move into the $1,000‑$1,200 range, reflecting the city’s balanced supply of modern complexes and classic walk‑up buildings. Larger homes provide spacious options, with two‑bedroom houses starting in the $1,100s and three‑bedroom homes approaching $1,500, while premium four‑plus‑bedroom properties can reach the $2,000 range, making Hammond suitable for a variety of household sizes.
The city’s neighborhoods each bring a distinct flavor to the rental experience. Downtown Hammond boasts historic architecture, vibrant cafés, and easy access to the Hammond Civic Center and the Amtrak station, appealing to those who enjoy an urban lifestyle. The North Oak Street corridor and the Oak Grove area feature newer apartment communities and quiet residential streets, providing convenient proximity to local schools and shopping centers. For families seeking more room, the surrounding suburbs and the historic West Hammond district offer larger houses on tree‑lined lots.
Beyond housing, Hammond is known for its cultural attractions, including the Hammond Museum and the historic Bogue Chitto River Trail, which add recreational value for renters. The city’s central location along I‑55 and the presence of nearby universities create steady demand for rental housing, ensuring a vibrant and stable market for both landlords and tenants.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $633 | $575 | $575 - $750 | $575 - $750 |
| Apartment | 1 Bedroom | $780 | $750 | $575 - $1,189 | $650 - $800 |
| Apartment | 2 Bedroom | $1,029 | $975 | $700 - $1,500 | $875 - $1,250 |
| Apartment | 3 Bedroom | $1,203 | $1,160 | $735 - $1,815 | $905 - $1,703 |
| House | 1 Bedroom | $948 | $962 | $750 - $1,120 | $950 - $1,120 |
| House | 2 Bedroom | $1,250 | $1,200 | $850 - $2,000 | $925 - $1,495 |
| House | 3 Bedroom | $1,507 | $1,500 | $1,000 - $2,000 | $1,300 - $1,750 |
| House | 4+ Bedroom | $1,899 | $1,800 | $1,350 - $2,800 | $1,500 - $2,300 |
In the current period, the average rent in Hammond was $606 for Studio, $825 for 1 Bedroom, $1,147 for 2 Bedroom, $1,468 for 3 Bedroom, and $1,755 for 4+ Bedroom.
Data provided by Rentometer, Inc.