ZIP Code · LA

ZIP 70403

Part of Hammond, LA

Pop. 30,173·Tangipahoa Parish·58th most expensive ZIP in Louisiana

Median rent (all units)

$1,378/mo

Year-over-Year

+4.4%

Month-over-Month

-0.2%

vs US Median

-$554

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 70403 · $1,378

More affordable than 81% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$960

1 BR

$980

2 BR

$1,120

3 BR

$1,400

4 BR+

$1,830

Research median

$1,120/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 70403 is 0.3% below its high of $1,382 in June 2026, at $1,378 as of September 2026.

Past year vs. the rest of Louisiana

Rent in ZIP 70403 changed +4.4% over the year to September 2026. Across the 75 Louisiana ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($50,976) is $1,274 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,120); a 3-bedroom is $1,400.

Cheaper nearby

ZIP 70401, 4 miles away, rents for 17% less ($1,149/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 70403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,536/yr

At $1,378/mo median

Location

CityHammond

StateLA

CountyTangipahoa Parish

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.4% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 70403 (Hammond, LA) is majority owner-occupied, has a median income below the national average, 22.8% of residents hold a bachelor's degree or higher.

Population

30,173

Median income

$50,976

Median age

36.1

Renters

33.6%

Age distribution

23.6%

24.7%

12.1%

14.9%

Under 1823.6%

18–3424.7%

35–5424.7%

55–6412.1%

65+14.9%

Gender

48.2%

51.8%

Male48.2%

Female51.8%

Race & ethnicity

55.3%

36.6%

White55.3%

Black36.6%

Hispanic5.6%

Asian1.1%

Other1.5%

Education (25+)

15.5%

31.6%

30.1%

22.8%

No HS diploma15.5%

HS diploma31.6%

Some college30.1%

Bachelor's+22.8%

Housing tenure

66.4%

33.6%

Owner66.4%

Renter33.6%

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

2023 vs 2026

How ZIP 70403 in Hammond, LA has changed in 5 years

Rent

$1,221 → $1,378

up 12.9%

Income

$49,675 → $50,976

up 2.6%

Population

30,510 → 30,173

down 1.1%

Renter share

32.4% → 33.6%

+1.2 pts

Bachelor's+

25.7% → 22.8%

-2.9 pts

Median age

34.1 → 36.1

+2.0 yrs

The median rent in ZIP 70403 in Hammond, LA stood at $1,221 in 2023 and currently runs about $1,378, reflecting a 12.9% increase over the period. On the earnings side, the typical household in ZIP 70403 in Hammond, LA now reports about $50,976, up from $49,675 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.1% since 2021, moving from about 30,510 residents to roughly 30,173. College-educated residents now make up 22.8% of adults here, versus 25.7% in 2021. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 70403 in Hammond, LA reflects that arc in its own way.

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About renting in ZIP 70403

Last updated: October 17, 2026

ZIP code 70403 covers Hammond, LA. The median rent here is $1,378/mo as of October 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,120/mo.

At 32% of local median household income ($50,976/yr), ZIP 70403 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 70403?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (about $26/hour full-time) to afford the median rent of $1,378/mo in ZIP 70403. The local median household income is $50,976/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 70403?

Rent in ZIP 70403 has risen 4.4% over the past year as of September 2026. It sits 0.3% below its high of $1,382 in June 2026.

How does ZIP 70403 compare to other ZIPs in Louisiana?

ZIP 70403 is in the middle among Louisiana ZIP codes for rent, ranking #58 of 92 at $1,378/mo. Over the year to September 2026, rent in ZIP 70403 changed +4.4%, against a typical +3.0% across the 75 Louisiana ZIP codes Zillow tracks.