Hammond
Louisiana · Ranked #155 of 373 metros
80Affordable
💡
Housing in Hammond costs 4.01× the median income, below the national average of 4.5×. The median home price is $218K and median rent is $987/month. Hammond ranks #155 of 373 metros for affordability.
Median Home Price
🏠$218K
Need $65K income
Median Rent
🔑$987
Need $39K income
Building Permits
🔨1,085
annual
Median Income
💰$54K
Pop: 138,206
Rent Burden
⚠️29.2%
of renters paying >30%
Homeownership
🏡70.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Hammond | National |
|---|---|---|
| Price-to-Income Ratio | 4.01x | 6.1x |
| Rent Burden | 29.2% | 31.5% |
| Homeownership Rate | 70.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +42%Since 2000: +138.5%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$831/mo
1 Bedroom$848/mo
2 Bedroom$1,099/mo
3 Bedroom$1,372/mo
4 Bedroom$1,455/mo
Zillow Market Data
Home Value (ZHVI)
$218K
1yr: -0.6%5yr: +4.3%
Rent (ZORI)
$1,307/mo
1yr: +1.2%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$177K
Active Inventory
6
Days on Market
44
Sold Above List
0.0%
Price Drops
66.7%