What is the average apartment size in Valparaiso?

The average size for a Valparaiso, IN apartment is 922 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.

What is the average rent in Valparaiso?

As of Oct / 2025, the average rent in Valparaiso is $1,392 per month, a 1.91% increase from last year’s average of $1,366.

How much does rent cost by apartment size in Valparaiso?

In Valparaiso, studios rent for $928 per month, one-bedroom units average $1,259 per month, two-bedrooms cost around $1,404 per month, and three-bedroom apartments rent for about $1,976 per month

What is the average apartment size in Valparaiso?

The typical apartment in Valparaiso offers about 922 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Valparaiso?

Studio apartments in Valparaiso average 480 sq. ft., one-bedrooms offer 764 sq. ft., two-bedrooms are about 987 sq. ft., and three-bedroom apartments average 1,261 sq. ft.

Valparaiso, IN Rental Market Trends

Q: What's the typical rent budget in Valparaiso?

The typical rent budget in Valparaiso ranges from $1,001 to $1,500 per month, with 60% of rentals in this range.

Q: Do most people rent or own in Valparaiso?

In Valparaiso, 41% of households rent while 59% own their homes, based on the latest U.S. Census data.

Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Valparaiso is $1,392, a 1.91% increase compared to the previous year, when the average rent was $1,366.

Studio Apartments at $928 offer the most budget-friendly option with 480 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 764 square feet for $1,259, balancing privacy and affordability.

Two-beedroom units at $1,404 offer 987 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,261 sq ft) for $1,976, suitable for larger households.

Average rent in Valparaiso, IN

Last updated: November 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,392	922 sq. ft.
Studio	$928	480 sq. ft.
1 Bed	$1,259	764 sq. ft.
2 Beds	$1,404	987 sq. ft.
3 Beds	$1,976	1,261 sq. ft.

Valparaiso, IN rent trends

Rental prices in Valparaiso, IN have increased by 1.91% over the past year. The average rent moved from $1,366 to $1,392.

What's the typical rent budget in Valparaiso, IN?

The largest share of rentals in Valparaiso, IN (60%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Valparaiso, IN?

5,945 or 41% of the households in Valparaiso, IN are renter-occupied while 8,405 or 59% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Valparaiso Compares to Other Cities

City	Average Rent
Valparaiso	$1,392
Indianapolis	$1,250
Evansville	$1,024
Bloomington	$1,595
Fort Wayne	$1,126
New Albany	$1,114
Lafayette	$1,168
Jeffersonville	$1,223
South Bend	$1,343
Greenwood	$1,372
Hammond	$1,224
Gary	$956
Crown Point	$1,668
Merrillville, IN	$1,369
Chicago Heights, IL	$1,238
Michigan City, IN	$965
Lansing, IL	$1,251
Hobart, IN	$1,367
Calumet City, IL	$1,123
La Porte, IN	$1,280
Portage, IN	$1,335

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Valparaiso apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.