Updated 19 Hours Ago
Location
4241 Dearborn Ave Unit 2, Hammond, IN 46327, USA
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Property Overview
4241 Dearborn Avenue unit 2 is rated highly for overall value, with a strong balance of price, amenities, and location. It stands out for its exceptional price-to-value ratio, convenient access to nearby points of interest, and clear, trustworthy property details.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
Floor plans
| 4241 Dearborn Avenue unit 2 NWI - 1 | 2 bed | 1 bath | $1,195 /mo |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
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About 4241 Dearborn Avenue unit 2
4241 Dearborn Avenue unit 2 cost $1,195 per month. Located at 4241 Dearborn Ave Unit 2, Hammond, IN 46327, USA, 4241 Dearborn Avenue unit 2 has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Hammond, renting an apartment at 4241 Dearborn Avenue unit 2 is 13% cheaper per month.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 4241 Dearborn Avenue unit 2 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4241 Dearborn Avenue unit 2 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
4241 Dearborn Avenue unit 2 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 4241 Dearborn Avenue unit 2 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4241 Dearborn Avenue unit 2 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 4241 Dearborn Avenue unit 2 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
4241 Dearborn Avenue unit 2 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4241 Dearborn Avenue unit 2 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
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Rent trends in Hammond
2-bedroom apartments at 4241 Dearborn Avenue unit 2 cost about 13% less than the average rent price for 2-bedroom apartments in Hammond.
Median rents as of Aug 15 2026.
Hammond
| Month | Median Rent |
|---|---|
| August 2024 | $875 |
| September 2024 | $896 |
| October 2024 | $900 |
| November 2024 | $900 |
| December 2024 | $858 |
| January 2025 | $845 |
| February 2025 | $845 |
| March 2025 | $739 |
| April 2025 | $811 |
| May 2025 | $784 |
| June 2025 | $778 |
| July 2025 | $784 |
| August 2025 | $973 |
| September 2025 | $920 |
| October 2025 | $826 |
| November 2025 | $877 |
| January 2026 | $875 |
| February 2026 | $859 |
| March 2026 | $842 |
| April 2026 | $853 |
| May 2026 | $850 |
| June 2026 | $863 |
| July 2026 | $859 |
| August 2026 | $833 |
Affordability calculator
Can I afford to live at 4241 Dearborn Ave Unit 2?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 2-bedrooms monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
Schools near 4241 Dearborn Avenue unit 2
Abraham Lincoln Elementary School
4221 towle ave
hammond, IN, 46327
PK, K-6Public
C-
Burnham Elementary School
13945 s green bay ave
burnham, IL, 60633
PK, K-8Public
C-
Lincoln Elementary School
410 157th st
calumet city, IL, 60409
PK, K-8Public
C-
Sadlowski Elementary School
3930 e 105th st
chicago, IL, 60617
PK, K-8Public
C-
Woodland Child Development Center
3027 j f mahoney dr
hammond, IN, 46323
PKPublic
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Internet available near 4241 Dearborn Avenue unit 2
Getting around Hammond near 4241 Dearborn Ave Unit 2
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 4241 Dearborn Ave Unit 2, Hammond
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
Explore the area around 4241 Dearborn Ave Unit 2
La Azteca
523 Gostlin St
ALDI
4415 Calumet Ave
Strack & Van Til
115 Sibley St
Lupita's Food Market
249 Pulaski Rd
1st Choice Market
5600 Sohl Ave
Family Dollar
3704 Sheffield Ave
Family Dollar
147 Sibley St
Sleek-N-Chic Boutique LLC
5252 Hohman Ave
Family Dollar
1301 Chicago St
Family Dollar
5550 Sohl Ave
Cielito Lindo Cafe
3805 Hohman Ave Panaderia Santa Maria Bakery
Dunkin'
4614 Calumet Ave
Dunkin'
533 Torrence Ave
Dunkin'
4600 Indianapolis Blvd
Dunkin'
664 River Oaks Dr
Jason's Bar & Grill
3949 Hohman Ave
Cavalier Inn
735 Gostlin St
Olympia Lanes
4150 Calumet Ave
Pudlo's Bar & Grill
3803 Hohman Ave
Spirros Lounge
4760 Calumet Ave
Thatsacake
629 Gostlin St
Fuerte Meat Market
3811 Hohman Ave
Tarimoro Gto
1301 Chicago St
Mega Newtrition Inc
5617 Hohman Ave
Desserts & Decor By Sibylicious
Hermit Park
Hermit's Park Playground
Powderhorn Prairie and Marsh Nature Preserve
Meadow
Pulaski Park
Mobil
21 Gostlin St
Hong Kong Kitchen
413 Gostlin St
Jason's Bar & Grill
3949 Hohman Ave
Thatsacake
629 Gostlin St
Hermanos Rios
640 Gostlin St
Burnham Ave / 143rd St
Torrence
Burnham Ave / 142nd St
159th Street
Burnham Ave / 142nd St
Torrence, 159th Street
Morton Ct / Willow Ct
159th Street, Sibley, 159th Street, Sibley
310 Burnham Ave
Torrence
Hammond
South Shore Line, South Shore Line
Hegewisch
South Shore Line, South Shore Line
East Chicago
South Shore Line, South Shore Line
Riverdale
Metra Electric
Ivanhoe
Metra Electric
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