Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hammond area can be challenging. Home prices in Hammond are now at a median cost of $126,103, lower than the Florida average of $278,762.
The average cost of rent is $801/mo in Hammond, primarily driven by the current value of real estate in the Hammond area. While nearly 79.99% of residents own their homes outright in Hammond, 41.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hammond is $3,960 per month. Households that rent pay about 20.23% of their income on rent here. Hammond's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Crescent City, FL: equally priced homes
- Lake Como, FL: less expensive homes
- Seville, FL: higher priced homes
- Georgetown, FL: equally priced homes
- St. Johns Park, FL: equally priced homes
- Fruitland, FL: less expensive homes
- Pomona Park, FL: less expensive homes
- Welaka, FL: higher priced homes
- Pierson, FL: higher priced homes
- Salt Springs, FL: higher priced homes
Cities with Similar Populations
- Liberty Center, IN: equally priced homes
- Manown, WV: equally priced homes
- Luck, NC: higher priced homes
- Lothair, GA: less expensive homes
- Lost City, WV: higher priced homes
- Long Lake, WA: higher priced homes
- Long Island, VA: less expensive homes
- Loch Lynn Heights, MD: higher priced homes
- Lobata, WV: less expensive homes
- Linwood, NY: higher priced homes
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