Rental market snapshot for Valparaiso, Indiana

Valparaiso, Indiana Rental Property Market Overview

The average rent for an apartment in Valparaiso is $1,301. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 12.9% over the past year.

Valparaiso is a city in Porter County, Indiana, United States. The population was 31,730 at the 2010 census. It is the county seat of Porter County. Valparaiso is the home of Valparaiso University, a private four-year university with over 4,000 students on a campus of more than 350 acres. The city is situated on the southern shore of Lake Michigan, in the northwestern corner of the state. It is about 50 miles from downtown Chicago. The city is home to a variety of businesses, including a steel mill, a food processing plant, and a number of manufacturing companies. The city also has a thriving downtown area with a variety of shops and restaurants.

Last Updated December 23, 2022

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Average monthly rent graph in Valparaiso Indiana | Cost of Living

  • The most expensive ZIP Code in Valparaiso is 46385 with an average price of $2,695
  • The cheapest ZIP Code in Valparaiso is 46383 with an average price of $850

Valparaiso ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
146385$2,695

Live near Valparaiso, Indiana's Top Sights and Attractions

Butterfield Pavilion is a large, open-air pavilion located on the grounds of a historic mansion in Valparaiso, Indiana. The pavilion is available for rental for weddings, parties, and other events.

The Brauer Museum of Art is an art museum located on the campus of Valparaiso University in Valparaiso, Indiana. The museum was founded in 2001 and is named after John W. Brauer, a professor of art at the university. The museum houses a collection of art from the Renaissance to the present day, with a focus on American and European art.

Tower Park is a small park located in the center of Valparaiso, Indiana. The park is home to a variety of trees, flowers, and shrubs. A small pond is located in the center of the park, and a walking path encircles the pond. A gazebo is located in the center of the pond, and a small fountain is located in the center of the gazebo.

Sunset Hill Farm is a working farm that is open to the public for tours and events. The farm has a variety of animals, including horses, cows, pigs, and chickens. Visitors can learn about farm life and how the animals are cared for. The farm also has a garden with a variety of vegetables and flowers.

Old Fairgrounds is an attraction located in the city of Valparaiso, Indiana. The attraction is a historical site that was once used as a fairground. The site is now used as a park and is home to a variety of events and activities.

Wright's Hollywood Park is an amusement park that features a variety of rides, games, and attractions. The park is located in Valparaiso, Indiana.

Kirchoff Park is a beautiful park located in the heart of Valparaiso. The park features a large pond, walking trails, and a playground.

Westside Park is a large public park located on the west side of Valparaiso, Indiana. The park features a playground, a basketball court, a picnic shelter, and a walking trail.

Valparaiso, Indiana area median rent change by ZIP Code map

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How does Valparaiso compare to other cities in Indiana ?

citymedian price
Cumberland$1,395
Westfield$1,895
Whiteland$1,695
Shelbyville$1,599
Greenfield$1,565
Cumberland$1,195
Monrovia$1,529
Highland$1,439
Beech Grove$1,100

Average household income in Valparaiso area graph - US Census

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The median household income in Valparaiso in 2021 was $56,027. This represents a 10.8% change from 2011 when the median was $50,549.

#categorypercent
0Less than $10,0006.8%
1$10,000 to $14,9993.1%
2$15,000 to $19,9995.6%
3$20,000 to $24,9995.9%
4$25,000 to $29,9993.8%
5$30,000 to $34,9997.7%
6$35,000 to $39,9993.6%
7$40,000 to $44,9995.4%
8$45,000 to $49,9993.1%
9$50,000 to $59,9997.4%
10$60,000 to $74,9997.7%
11$75,000 to $99,99914.9%
12$100,000 to $124,9999.3%
13$125,000 to $149,9994.7%
14$150,000 to $199,9995.6%
15$200,000 or more5.5%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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