Hammond, LA

Metro area in Louisiana · Updated Jan 2026

12-Month Forecast ↓ -3.1%

Median Home Value

$217,033

↓ -0.7%

Year-over-year

Median Rent

$1,242/mo

↑ +2.0%

Year-over-year

Rental Yield

6.9%

Excellent for investors

5-Year Appreciation

+4.7%

Income Needed to Buy

$55,078

20% down, 30% DTI max

Active Listings

490

For-sale inventory

Price-to-Rent Ratio

14.6

Favors buying

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +0.2%

12 Months

↓ -3.1%

5-Year Price Trend

Calculate your mortgage for Hammond, LA

See monthly payments for a $217,033 home →

Should you rent or buy in Hammond, LA?

Price-to-rent ratio: 14.6x — Buying likely wins. Run a full breakeven analysis with Hammond, LA numbers pre-filled →

Frequently Asked Questions