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Rent by ZIP · Lake County

Rent in Hammond, IN 46320

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,300 (+15% vs FY2026). Renters in this ZIP code pay a median $994 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,020$820+24.4%$918–1,122$480 ±$381
1 bedroom$1,070$930+15.1%$963–1,177$714 ±$134
2 bedrooms$1,300$1,130+15%$1,170–1,430$1,179 ±$111
3 bedrooms$1,580$1,380+14.5%$1,422–1,738$1,273 ±$137
4 bedrooms$1,730$1,500+15.3%$1,557–1,903$1,071 ±$150

Small Area FMRs for the Gary, IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Gary, IN HUD Metro FMR Area, 2 bedrooms: $1,429.

What renters pay in 46320

Median gross rent$994±$87 · all sizes
Renter households3,22059% of occupied homes
No cash rent231households

How rents are spread

Under $1,00051%
$1,000–1,49939%
$1,500–1,99910%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
46319Griffith$1,490$1,301
46321Munster$1,880$1,426
46322Highland$1,550$1,310
46323Hammond$1,540$1,187
46324Hammond$1,450$1,180
46327Hammond$1,410$1,103

Fair Market Rents across Lake County, IN · All IN counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.