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ZIP Code · IN

ZIP 46324

Part of Hammond, IN
Pop. 21,409·Lake County·46th most expensive ZIP in Indiana
Median rent (all units)
$1,553/mo
Year-over-Year
Stable
Month-over-Month
-0.8%
vs US Median
-$412
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 46324 · $1,553
More affordable than 70% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$980
1 BR
$1,110
2 BR
$1,350
3 BR
$1,650
4 BR+
$1,790
Research median
$1,350/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,636/yr
At $1,553/mo median
Location
StateIN
CountyLake County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 46324 (Hammond, IN) is majority owner-occupied, has a median income below the national average, 16.5% of residents hold a bachelor's degree or higher.

Population
21,409
Median income
$63,052
Median age
37.8
Renters
32%
Age distribution
22.1%
23.9%
27.6%
13.6%
12.8%
Under 1822.1%
18–3423.9%
35–5427.6%
55–6413.6%
65+12.8%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
40.5%
21%
38.1%
White40.5%
Black21%
Hispanic38.1%
Asian1.4%
Education (25+)
14.9%
36.8%
31.8%
16.5%
No HS diploma14.9%
HS diploma36.8%
Some college31.8%
Bachelor's+16.5%
Housing tenure
68%
32%
Owner68%
Renter32%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 46324 in Hammond, IN has changed in 5 years

Income
$51,730 → $63,052
up 21.9%
Population
21,894 → 21,409
down 2.2%
Renter share
31.4% → 32%
+0.6 pts
Bachelor's+
15.9% → 16.5%
+0.6 pts

Local incomes tracked alongside that move, going from a median of $51,730 in 2021 to $63,052 more recently. The population has contracted by 2.2% since 2021, moving from about 21,894 residents to roughly 21,409.

Community

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Local insights

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About renting in ZIP 46324

Last updated: July 20, 2026

ZIP code 46324 covers Hammond, IN. The median rent here is $1,553/mo as of July 2026. A 1-bedroom rents for a median of $1,110/mo. A 2-bedroom rents for a median of $1,350/mo.

At 30% of local median household income ($63,052/yr), ZIP 46324 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46324?

As of July 20, 2026, the median monthly rent in ZIP 46324 (Hammond, IN) is $1,553. This is based on aggregated data from public sources and community submissions.

How does ZIP 46324 rent compare to the US average?

ZIP 46324's median rent of $1,553/mo is $412 (21%) below the US national median of $1,965/mo.

How does ZIP 46324 compare to other ZIPs in Indiana?

ZIP 46324 is one of the pricier ZIP codes in Indiana, ranking #46 out of 144 ZIPs tracked at $1,553/mo.

How much income do you need to rent in ZIP 46324?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,553/mo in ZIP 46324. The local median household income is $63,052/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46324?

Rent in ZIP 46324 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 46324 an affordable place to rent?

ZIP 46324 is considered moderate for renters. At $1,553/mo, rent takes approximately 30% of the local median household income ($63,052/yr). The standard benchmark is 30%. ZIP 46324 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 46324 residents rent vs. own?

According to Census data, approximately 32% of ZIP 46324 households are renters, while 68% are owner-occupied. ZIP 46324 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46324 compare to the rest of Hammond?

ZIP 46324 is pricier than Hammond as a whole. At $1,553/mo, it's $74 above the Hammond citywide median of $1,479/mo.

When was rent data for ZIP 46324 last updated?

Rent data for ZIP 46324 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,553/mo, rent takes ~30% of ZIP 46324's median household income ($63,052/yr). The standard benchmark is 30%.

ZIP 46324 30%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46324 (Hammond, IN)

Recent submissions

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