Rents are 5% above what Hammond's 10-year trend predicts — running hotter than its own history.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,296 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Hammond, LA is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 27.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Hammond, LA has changed in 5 years
Rent in Hammond, LA has increased 12.7% since 2022, going from about $1,150 per month to roughly $1,296 today. Median household income grew from $37,302 to $48,166 between 2021 and 2024, a 29.1% shift. Income growth outran rent by about 16.4 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 19,374 to 21,539 between 2021 and 2024, a 11.2% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 31.8% to 27.7%. Taken together, the five-year picture in Hammond, LA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Hammond on your salary?
At $1,296/mo, how Hammond rent compares to typical pay (30% rule).
Hammond rent by bedroom count
Median rent for each apartment size in Hammond. Click any size for full breakdown.
Tips for renters in Hammond
Last updated: August 17, 2026
The median rent in Hammond is $1,296/mo as of August 2026. A studio apartment averages $1,000/mo while a 2-bedroom runs $1,150/mo. One-bedroom apartments average $1,020/mo and 3-bedroom units go for $1,440/mo.
At 32% of local median household income ($48,166/yr), Hammond ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.
Frequently asked questions
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What percentage of Hammond residents rent vs. own?
How does Hammond rent compare to the national average?
At $1,296/mo, rent takes ~32% of Hammond's median household income ($48,166/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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