Rent is lower than in 65% of U.S. cities. A typical house costs about 4.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $54,880 a year. That is $26 an hour at a full-time job.
Is rent cheaper than other Louisiana cities?
No. Rent here is more expensive than in most of Louisiana. It is number 70 of 102 cities from cheapest to most expensive.
How much do households earn in Hammond?
Share of households by yearly income. 16.1% of households earn $100,000 or more.
Rent by apartment size in Hammond
| Size | Hammond | U.S. average |
|---|---|---|
| 1 bedroom | $1,009 | $1,324 |
| 2 bedrooms | $992 | $1,509 |
| 3 bedrooms | $1,383 | $1,698 |
| 4 bedrooms | $1,233 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hammond overall?
Everyday prices in the Hammond metro area are 16% below the U.S. average (index 84.5, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Hammond
Life in Hammond
What jobs pay in Hammond
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $133,580 | 12.3% |
| Nurse Practitioner | $123,350 | 13.3% |
| Software Developer | $118,590 | 13.9% |
| Computer Systems Analyst | $89,440 | 18.4% |
| Operations Manager | $87,990 | 18.7% |
| Dental Hygienist | $81,840 | 20.1% |
| Lawyer | $78,110 | 21.1% |
| Registered Nurse | $76,200 | 21.6% |
| Accountant | $66,090 | 24.9% |
| Plumber | $57,910 | 28.4% |
| HVAC Technician | $57,140 | 28.8% |
| Licensed Practical Nurse | $55,840 | 29.5% |
| Market Research Analyst | $51,620 | 31.9% |
| Electrician | $50,700 | 32.5% |
| Truck Driver | $48,650 | 33.8% |
| Elementary School Teacher | $47,470 | 34.7% |
| Carpenter | $45,340 | 36.3% |
| Police Officer | $40,560 | 40.6% |
| Medical Assistant | $36,680 | 44.9% |
| Warehouse Worker | $35,480 | 46.4% |
| Customer Service Representative | $34,950 | 47.1% |
| Nursing Assistant | $33,010 | 49.9% |
| Retail Salesperson | $28,570 | 57.6% |
| Firefighter | $28,330 | 58.1% |
| Restaurant Cook | $27,130 | 60.7% |
| Cashier | $25,500 | 64.6% |
| Server (Waiter/Waitress) | $15,080 | 109.2% |
Is it cheaper to rent or buy in Hammond?
Renting is cheaper right now: about $164 a month less.
Owning assumes a typical $221,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,140 for the down payment.
Frequently asked questions
What is the average rent in Hammond, LA?
Renting in Hammond costs a median of about $1,372 a month in 2026, including utilities. The Louisiana median is $1,165.
How much do I need to make to live in Hammond?
To keep rent under 30% of income, you need about $54,880 a year, or $26 an hour at a full-time job.
Is Hammond cheap or expensive?
Hammond is rated Expensive: rent takes 31.7% of the typical household income of $51,947. It ranks 70th cheapest of 102 Louisiana cities we track.
How much are property taxes in Hammond?
The median homeowner in Hammond pays $1,209 a year in property taxes, about 0.55% of the median home value.
Is Hammond more expensive than the national average?
Overall prices in the metro area are 16% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hammond?
The median home value in Hammond is $221,400, about 4.3 times the typical yearly household income.
21,539 people live in Hammond. Numbers are typical (middle) values.