What is the median rent in Valparaiso, IN?
The median gross rent in Valparaiso, IN is $1,224 (±$43) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 5,885 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Valparaiso, the median gross rent went from $925 in 2015–2019 to $1,224 in 2020–2024 (+32.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,224 (±$43)
- Rented homes
- 5,885 (±552)
- $2,000 or more
- 9.2%
- Since 2015–2019
- +32.3%
How much rent costs in Valparaiso
| Monthly gross rent | Valparaiso | Porter County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 3.2% (±1.8 points) | 2.6% | 7.1% | 6.3% |
| $500 to $999 | 16.8% (±3.4 points) | 21.2% | 36.9% | 20.2% |
| $1,000 to $1,499 | 52.5% (±5.3 points) | 50.2% | 38.5% | 28.1% |
| $1,500 to $1,999 | 18.2% (±5.1 points) | 18.8% | 12.0% | 21.1% |
| $2,000 to $2,499 | 7.3% (±3.1 points) | 5.8% | 3.6% | 12.0% |
| $2,500 to $2,999 | 1.9% (±2.3 points) | 1.3% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±0.6 points) | 0.2% | 0.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 52.5% of renting households.
9.2% of rented homes in Valparaiso cost $2,000 or more a month.
Valparaiso against Porter County, its state and the nation
| Valparaiso | Porter County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $1,224 (±$43) | $1,219 (±$26) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 5,885 (±552) | 14,153 (±774) | 758,146 (±6,704) | 42,849,984 |
In Valparaiso, median gross rent is not measurably different from Porter County ($1,219).
It is also higher than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Porter County, Valparaiso ranks 13 of 25 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 130 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Valparaiso has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $925 (±$23) | $1,224 (±$43) | +32.3% | Up after inflation |
| Households that rent | 44.3% (±2.5 points) | 42.0% (±3.2 points) | −2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 7.8% (±2.8 points) | 4.7% (±2.4 points) | −3.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Valparaiso
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Valparaiso | — | $1,224 (±$43) | — |
| Center Township (Porter County) | 1.2 mi | $1,195 (±$35) | Not measurably different |
| Washington Township (Porter County) | 3.8 mi | $1,713 (±$362) | Higher |
| Aberdeen | 4.2 mi | $2,109 (±$371) | Higher |
| Salt Creek Commons | 5.1 mi | $1,388 (±$538) | Not measurably different |
| Liberty Township (Porter County) | 5.4 mi | $1,570 (±$243) | Higher |
| South Haven | 6.1 mi | $1,297 (±$125) | Not measurably different |
| Union Township (Porter County) | 6.4 mi | $1,288 (±$537) | Not measurably different |
| Jackson Township (Porter County) | 6.5 mi | $1,056 (±$131) | Lower |
Nearby places with a measurably lower figure: Jackson Township (Porter County), IN ($1,056).
Nearby places with a measurably higher figure: Washington Township (Porter County), IN ($1,713), Aberdeen, IN ($2,109), Liberty Township (Porter County), IN ($1,570).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Porter County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 7 | Salt Creek Commons | $1,388 (±$538) |
| 8 | South Haven | $1,297 (±$125) |
| 9 | Union Township (Porter County) | $1,288 (±$537) |
| 10 | Chesterton | $1,274 (±$147) |
| 11 | Portage Township (Porter County) | $1,248 (±$60) |
| 12 | Portage | $1,231 (±$64) |
| 13 | Valparaiso | $1,224 (±$43) |
| 14 | Center Township (Porter County) | $1,195 (±$35) |
| 15 | Porter Township | $1,194 (±$234) |
| 16 | Westchester Township | $1,190 (±$62) |
| 17 | Jackson Township (Porter County) | $1,056 (±$131) |
| 18 | Porter | $1,026 (±$165) |
| 19 | Hebron | $967 (±$28) |
Showing 13 of 25 places in Porter County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Valparaiso
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Valparaiso, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Valparaiso beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Valparaiso, and send estimates and invoices from your phone.
Questions about Valparaiso
What is the average rent in Valparaiso, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Valparaiso is $1,224 (±$43) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Valparaiso?
In Valparaiso, the median gross rent went from $925 in 2015–2019 to $1,224 in 2020–2024 (+32.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Valparaiso cost more than $2,000 a month?
9.2% of rented homes in Valparaiso have a gross rent of $2,000 or more a month, and 3.2% cost less than $500.
Is rent in Valparaiso higher than in Porter County?
In Valparaiso, median gross rent is not measurably different from Porter County ($1,219).
It is also higher than in Indiana ($1,062).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Valparaiso city, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Valparaiso city, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Valparaiso city, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Valparaiso city, Indiana (place:78326, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Valparaiso at a glance
- Rent by bedrooms in Valparaiso
- Rent burden in Valparaiso
- Renters and owners in Valparaiso
- Income and affordability in Valparaiso
- Home values in Valparaiso
- Homeowner costs in Valparaiso
- Property taxes in Valparaiso
- Types of homes in Valparaiso
- Bedrooms in Valparaiso
- Age of homes in Valparaiso
- Vacancy rate in Valparaiso
- Heating fuel in Valparaiso
- Commute and cars in Valparaiso
- Crime reported to police in Valparaiso
- Population growth in Valparaiso
- How long people stay in Valparaiso
- Crowding and facilities in Valparaiso
- Indiana landlord and tenant rules
- Housing across Porter County
- Indiana places ranked by median rent
- Housing data for every place in Indiana