Low Income Apartments and Affordable Housing For Rent in Hammond, IL

Discover affordable housing in Hammond where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Quality Housing Hammond

701 S Don Ryan St, Hammond, Illinois 61929

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hammond, Illinois
$19.87/hour
$5.87 (+42%) more than Illinois minimum wage and $12.62 (+174%) more than the Federal minimum wage.
Learn More About Hammond, Illinois Affordable Housing ↓

What HUD offices serve Hammond, Illinois?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Hammond, Illinois.

Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Hammond.

How many renters live in Hammond, Illinois?

The City of Hammond has 546 people living in 239 households.

There are 102 renters living in 46 renter households in this City. Renters make up 18.68 percent of the population living in Hammond.

What is the rental market like in Hammond, Illinois?

There are an estimated 286 housing units in the Hammond area. Of these, 73 units are rental homes, making up 26 percent of the housing market. For every renter household in Hammond, Illinois, there are 2 rental units.

What is the vacancy rate for rentals in Hammond?

The rental vacancy rate in Hammond is 19 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Hammond for each bedroom size?

Occupied Rental Units by Size in Hammond
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 15 18 13 0
Occupied Rental Units by Size in Hammond

A large number of apartments in Hammond have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Hammond are overburdened by housing costs?

Among renter households in this market, 30 percent have housing cost burden. Further, 17 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Hammond

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $880 to $1,397. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $880
One BR $885
Two BR $1,049
Three BR $1,372
Four BR $1,397
2024 Fair Market Rents in Hammond, Illinois

How many units are rented at Fair Market Rent (FMR) in Hammond?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 11 73 percent
Two BR 16 89 percent
Rental Units Below FMR in Hammond, Illinois

How many affordable rental units are in Hammond?

There are a variety of federal affordable housing programs serving households in Hammond, Illinois including the following:

Federal Program Unit Count
Public Housing 11
Section 8 Project-Based Rental Assistance 2
Tracked Units by Federal Program in Hammond, Illinois

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Hammond, Illinois

Hammond features 8 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Hammond, Illinois

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hammond.

Housing Choice Vouchers in Hammond, Illinois

On average, Section 8 Housing Choice vouchers pay Hammond landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hammond.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hammond, Illinois for a two-bedroom apartment is between $944 and $1,154.

Sourced from federal housing data and AffordableHousingOnline.com research.