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Studio Apartments for Rent in Hammond, IN

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  • /22

    Starting at $899 Per Month

    • Studio - 3 Beds

    3400 Stevens Ct, Hammond, IN 46323

    We are conveniently located close to Purdue University Calumet Campus and Indiana University Northwest Campus. Excellent nearby shopping , with an easy access to Tri-State Expressway ( I-294), Kennedy Expressway (I-94) and Indiana's East-West Tollway.

    Kennedy Crossing Apartments

    3400 Stevens Ct, Hammond, IN 46323
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    $795 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    441 Highland St Unit 2, Hammond, IN 46320

    Studio apartment in Hammond featuring fresh paint throughout and original hardwood floors. The layout offers an open living and sleeping area with a full bathroom. Close to expressway for easy commutePlease view our virtual tour at: If you're interested in applying for any one of our properties, please submit one application per adult via our website at Application fee is

    441 Highland St Unit 2, Hammond, IN 46320

Why Live in Hammond

Hammond, Indiana sits near the Illinois state line and the shores of Lake Michigan, about 30 miles southeast of Chicago, with Interstate 90 to the north and Interstate 94 to the south and commuter rail and bus service into the city. Recent redevelopment has focused on recreation, with the Hammond Family YMCA and its family pool, fitness center and outdoor water park built on the site of a former mall next to the Hammond Sportsplex & Community Center. Parks are a major part of daily life, from Pulaski Park with lighted tennis courts and winter ice skating to Hessville Park’s spray park, skate park and short walking path. Edison Park adds an agility-focused playground, cornhole area and new trees, while Wolf Lake’s 800-plus acres draw residents for fishing, boating, birdwatching and free summer concerts at “The PAV,” plus the Wolf Lake Aquatic Play Center. Nearby Whihala Beach has 20 acres of sand along Lake Michigan. For indoor things to do, the Horseshoe Casino on the lakefront is a major employer and entertainment hub with restaurants, thousands of slot machines and a concert venue that brings in well-known performers. Most homes in Hammond date from the 1940s through the 1970s, with some properties near the Grand Calumet River in a moderate flood zone and air quality that can reach moderate levels, which may matter for people with respiratory concerns. Everyday needs are covered by Aldi, Food4Less, a Walmart Supercenter and a mix of Greek, Italian, Mexican and American diners along the main roads.

Frequently Asked Questions

How much does it cost to rent a home in Hammond, IN?
The median rent for a home in Hammond, IN is $1,695 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Hammond, IN?
To comfortably afford the median rent in Hammond, IN, a household needs to earn roughly $67,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,695 per month in Hammond, IN, renters typically need to show $5,085 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hammond, IN?
In Hammond, IN, the price-to-rent ratio is 9.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Hammond, IN are best for renting a home?
The best neighborhood for renting in Hammond, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Shore, River North and Hyde Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,695
Median Single Family Home Rent
$1,750
Median Condo Rent
$1,263
How to Rent a Home