What's the average rent in Valparaiso, IN?

Rental Market Trends in Valparaiso, IN

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Valparaiso, IN is $1,550 per month, which is 19% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,550

6.9%$100 increase month-over-month

7.9%$113 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,243

HOUSES

$1,875

TOWNHOUSES

$1,600

As of May 2026, apartments are the most affordable rental option in Valparaiso, IN at $1,243 per month, while houses are the most expensive at $1,875 per month. Townhomes average $1,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,175
2 Bedrooms	$1,450
3 Bedrooms	$1,950
4 Bedrooms	$1,995
All	$1,550

As of May 2026, the average rent for a 1 bedroom rental in Valparaiso, IN is $1,175 per month, followed by $1,450 for a 2 bedroom rental, $1,950 for a 3 bedroom rental, and $1,995 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,450
3 Bedrooms	$2,500
4 Bedrooms	—
All	$1,500

As of May 2026, the average rent for a 1 bedroom townhome in Valparaiso, IN is $1,500 per month, followed by $1,450 for a 2 bedroom townhome, and $2,500 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,125
2 Bedrooms	$1,300
3 Bedrooms	$1,900
4 Bedrooms	—
All	$1,200

As of May 2026, the average rent for a 1 bedroom apartment in Valparaiso, IN is $1,125 per month, followed by $1,300 for a 2 bedroom apartment, and $1,900 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$730
2 Bedrooms	$1,650
3 Bedrooms	$1,900
4 Bedrooms	$1,995
All	$1,895

As of May 2026, the average rent for a 1 bedroom house in Valparaiso, IN is $730 per month, followed by $1,650 for a 2 bedroom house, $1,900 for a 3 bedroom house, and $1,995 for a 4 bedroom house.