Valparaiso, IN Rental Market Trends
What is the average rent in Valparaiso?
The average rent for an apartment in Valparaiso is $1,191. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Valparaiso, IN
Last updated January 2023
Average Rent | Average Apartment Size |
---|---|
$1,191 | 924 sq. ft. |
What is the average apartment size in Valparaiso?
The average size for a Valparaiso, IN apartment is 924 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.
Valparaiso, IN apartment rent ranges
Valparaiso, IN Occupied Housing Units
6,528 or 47% of the households in Valparaiso, IN are renter-occupied while 7,437 or 53% are owner-occupied.
Valparaiso, IN rent trends

How Valparaiso Compares to Other Cities
City | Average Rent |
---|---|
Chicago | $2,224 |
Indianapolis | $1,145 |
Oak Park | $2,016 |
Anderson | $907 |
Greenwood | $1,198 |
Fishers | $1,503 |
Lawrence | $971 |
Fort Wayne | $1,046 |
Mishawaka | $1,064 |
Bloomington | $1,337 |
South Bend | $1,203 |
Noblesville | $1,372 |
Carmel | $1,555 |
Merrillville | $1,268 |
Riverdale | $899 |
Richton Park | $1,182 |
Valparaiso | $1,191 |
Lansing | $1,078 |
Park Forest | $1,282 |
Chicago Heights | $948 |
University Park | $1,185 |