University Crossing
1800 N Oak St,
Hammond, LA 70401
$1,000 - $1,195
2-3 Beds
Rental Market Trends in Hammond, LA
What is the average rent in Hammond, LA?
$1,001/month
Average Rent
691 Sq Ft
Average Apartment Size
-1%
Decrease in the Last Year
As of April 2026, the average rent in Hammond, LA is $1,001 per month. This is 39% lower than the national average rent of $1,641/month, making renting in Hammond more affordable than most cities in the US. When you rent an apartment in Hammond, you can expect to pay about $684 per month for a studio, $1,001 for a one-bedroom apartment, and around $1,147 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,251 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Hammond, LA?
In the past year, rent has decreased by 1%, which averages out to $10 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Hammond, LA
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
13%
Below $700/month
35%
$700 - $1,000/month
52%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Hammond?
Based on current rent prices, Vaccaro Park is the most affordable neighborhood in Hammond.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Hammond?
Based on current rent prices, Vaccaro Park is the most expensive neighborhood in Hammond.
Neighborhood
Average Rent
Average Sq Ft
Which Hammond neighborhoods have the most rentals available?
The neighborhood in Hammond with the most apartments available is Vaccaro Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hammond, LA?
Because the average rent in Hammond is $1,001, you’ll want to make about $3,336 per month or $40,032 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Hammond, LA is 15.7% lower than the national average. Generally, housing in Hammond is 35.7% less expensive than the national average, with rent falling between $684 - $1,251. You can expect to pay 4.8% less for groceries, 23.3% less for utilities, and 8.5% less for transportation.
How does Hammond, LA compare to other nearby cities and neighborhoods?
Use the tool below to compare Hammond, LA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Three Bedroom
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.