What's the average rent in Valparaiso, IN?

Rental Market Trends in Valparaiso, IN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Valparaiso, IN is $1,375 per month, which is 29% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,375

1.9%$25 increase month-over-month

-12.1%-$190 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,179

HOUSES

$1,950

TOWNHOUSES

$1,675

As of September 2026, apartments are the most affordable rental option in Valparaiso, IN at $1,179 per month, while houses are the most expensive at $1,950 per month. Townhomes average $1,675 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$1,400
3 Bedrooms	$1,975
4 Bedrooms	$2,397
All	$1,375

As of September 2026, the average rent for a 1 bedroom rental in Valparaiso, IN is $1,100 per month, followed by $1,400 for a 2 bedroom rental, $1,975 for a 3 bedroom rental, and $2,397 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,326
3 Bedrooms	$1,700
4 Bedrooms	$2,100
All	$1,675

As of September 2026, the average rent for a 2 bedroom townhome in Valparaiso, IN is $1,326 per month, followed by $1,700 for a 3 bedroom townhome, and $2,100 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,025
2 Bedrooms	$1,350
3 Bedrooms	$1,800
4 Bedrooms	$2,397
All	$1,145

As of September 2026, the average rent for a 1 bedroom apartment in Valparaiso, IN is $1,025 per month, followed by $1,350 for a 2 bedroom apartment, $1,800 for a 3 bedroom apartment, and $2,397 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$1,650
3 Bedrooms	$2,095
4 Bedrooms	$2,800
All	$1,950

As of September 2026, the average rent for a 1 bedroom house in Valparaiso, IN is $700 per month, followed by $1,650 for a 2 bedroom house, $2,095 for a 3 bedroom house, and $2,800 for a 4 bedroom house.