5

Hammond, IN Condos for Rent

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  • 23 Mason St Unit Hammond, Hammond, IN 46320
    23 Mason St Unit Hammond, Hammond, IN 46320
    23 Mason St Unit Hammond, Hammond, IN 46320
    /20

    $1,950

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft
    • Condo for Rent

    23 Mason St Unit Hammond, Hammond, IN 46320

    Welcome to your new 3 bedroom, 1 bathroom unit at 23 Mason St. in Hammond, IN. Possible 4th room! This multi-family property boasts hardwood floors, a fireplace, balcony, and is wired for internet. Enjoy the convenience of included utilities and pet-friendly policy for cats and small dogs. Washer, dryer, refrigerator, microwave, oven, and freezer are all provided. Don't miss out on this charming

    23 Mason St Unit Hammond, Hammond, IN 46320
  • 8 Waltham St Unit 1R, Hammond, IN 46320
    8 Waltham St Unit 1R, Hammond, IN 46320
    8 Waltham St Unit 1R, Hammond, IN 46320
    /9

    $975

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    8 Waltham St Unit 1R, Hammond, IN 46320

    Freshly Remodeled 1-bedroom 1-bathroom. PLEASE READ BEFORE YOU APPLY!!!!Application Process & Qualification StandardsApplication Process & Qualification StandardsThank you for your interest in renting one of our apartments! Below is a detailed explanation of our application process as well as our standards for qualification.ApplicationEach person over

    8 Waltham St Unit 1R, Hammond, IN 46320
  • 3317 173rd St Unit Back House, Hammond, IN 46323
    3317 173rd St Unit Back House, Hammond, IN 46323
    3317 173rd St Unit Back House, Hammond, IN 46323
    /10

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    3317 173rd St Unit Back House, Hammond, IN 46323

    3317 173rd St Unit Back House, Hammond, IN 46323
  • 1323 121st St Unit 2 - Top Floor, Whiting, IN 46394
    1323 121st St Unit 2 - Top Floor, Whiting, IN 46394
    1323 121st St Unit 2 - Top Floor, Whiting, IN 46394
    /20

    $1,350 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    1323 121st St Unit 2 - Top Floor, Whiting, IN 46394

    1323 121st St Unit 2 - Top Floor, Whiting, IN 46394
  • 4724 Pine Ave Unit 4726, Hammond, IN 46327
    4724 Pine Ave Unit 4726, Hammond, IN 46327
    4724 Pine Ave Unit 4726, Hammond, IN 46327
    /9

    $1,000 Per Month

    • 2 Beds
    • 1 Bath
    • 4724-26 Pine

    4724 Pine Ave Unit 4726, Hammond, IN 46327

    4724 Pine Ave Unit 4726, Hammond, IN 46327
Indiana Lake County Hammond

Condos for Rent in Hammond, IN

Frequently Asked Questions

How much does it cost to rent a condo in Hammond, IN?
The median rent for a condo in Hammond, IN is $1,150 per month, though prices vary by neighborhood, size, and property type. As of June 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 $64,000 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 $1,600 per month in Hammond, IN, renters typically need to show $4,800 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 10.2, 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 condo?
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 condo include Calumet Heights, South Shore, Grand Crossing, Roseland and Woodlawn, each with its own character and price range.

Condo Rental Trends in Hammond, IN

There are currently 5 condos available for rent in Hammond, IN. The median rent is $1,150 per month, with 1-bedroom condos renting at $975, 2-bedroom condos at $1,150 and 3-bedroom condos at $1,950.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$1,150
Median 1 Bedroom Condo Rent
$975
Median 2 Bedroom Condo Rent
$1,150
Median 3 Bedroom Condo Rent
$1,950
How to Rent a Home

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