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Rent by ZIP · Lake County

Rent in Hammond, IN 46323

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,540 (+8.5% vs FY2026). Renters in this ZIP code pay a median $1,274 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,200$1,030+16.5%$1,080–1,320$1,204 ±$174
1 bedroom$1,270$1,170+8.5%$1,143–1,397$1,101 ±$71
2 bedrooms$1,540$1,420+8.5%$1,386–1,694$1,187 ±$68
3 bedrooms$1,870$1,740+7.5%$1,683–2,057$1,521 ±$199
4 bedrooms$2,050$1,880+9%$1,845–2,255$1,674 ±$216

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 46323

Median gross rent$1,274±$84 · all sizes
Renter households2,71832% of occupied homes
No cash rent123households

How rents are spread

Under $1,00015%
$1,000–1,49958%
$1,500–1,99923%
$2,000–2,4993%
$2,500–2,9990%
$3,000–3,4990%
$3,500+1%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
46322Highland$1,550$1,310
46324Hammond$1,450$1,180
46321Munster$1,880$1,426
46320Hammond$1,300$1,179
46319Griffith$1,490$1,301
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.