Hammond, IN

City

Rent in Hammond

Median Gross Rent

$1,134

Rent-to-Income Ratio

30.3%

Renter Share

37.6%

Median Renter Income

$41,861

Avg Household Size

2.5

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

No Bedroom: $835
1 Bedroom: $897
2 Bedrooms: $1,157
3 Bedrooms: $1,290
4 Bedrooms: $1,616
5+ Bedrooms: $1,608

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 33.0%
$1,000-$1,500: 45.0%
$1,500-$2,000: 13.6%
$2,000-$2,500: 1.7%
$2,500+: 0.5%
No Cash Rent: 6.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 22.7%
20-30% (moderate): 22.1%
30-50% (cost-burdened): 22.6%
50%+ (severely cost-burdened): 23.0%
Not Computed: 9.6%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $65,874
Renter Households: $41,861

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 56.7%
$1,000-$1,500: 33.3%
$1,500-$2,000: 3.4%
$2,000-$2,500: 0.1%
$2,500+: 0.2%
No Cash Rent: 6.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Hammond

Pullman-Standard Historic District / East Hammond

Marktown Historic District

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources