Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Porter, IN Rental Market Trends
What is the average rent in Porter?
The average rent for an apartment in Porter is $1,084. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Porter, IN
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,084 | 971 sq. ft. |
What is the average apartment size in Porter?
The average size for a Porter, IN apartment is 971 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Porter, IN Apartment Rent Ranges
Porter, IN Occupied Housing Units
293 or 18% of the households in Porter, IN are renter-occupied while 1,283 or 81% are owner-occupied.
Porter, IN Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Porter, IN | $897 | $903 | $934 | $932 | $943 | $954 | $972 | $1,033 | $1,094 | $1,084 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Porter Compares to Other Cities
| City | Average Rent |
|---|---|
| Chicago | $2,080 |
| Indianapolis | $1,055 |
| Oak Park | $2,075 |
| Evanston | $2,148 |
| Greenwood | $1,094 |
| Fort Wayne | $980 |
| Lawrence | $914 |
| Bloomington | $1,217 |
| Lafayette | $896 |
| Noblesville | $1,281 |
| Mishawaka | $1,017 |
| South Bend | $1,151 |
| Carmel | $1,455 |
| Fishers | $1,399 |
| Valparaiso | $1,162 |
| Riverdale | $902 |
| Merrillville | $1,260 |
| Calumet City | $908 |
| Gary | $865 |
| Hammond | $964 |
| Porter | $1,084 |
Most Popular Apartments in Porter
The Orchard Apartments
700 N. Waverly Road, Porter, IN 46304- 1 BED
- 2 BEDS
- 3 BEDS
- $710+
- $760+
- Ask for pricing
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Porter apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.