What is the average apartment size in Valparaiso City?

The average size for a Valparaiso City, IN apartment is 902 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.

What is the average rent in Valparaiso City?

As of Jan / 2026, the average rent in Valparaiso City is $1,396 per month, a 1.29% increase from last years average of $1,378.

How much does rent cost by apartment size in Valparaiso City?

In Valparaiso City, studios rent for $1,152 per month, one-bedroom units average $1,272 per month, two-bedrooms cost around $1,423 per month, and three-bedroom apartments rent for about $1,924 per month

What is the average apartment size in Valparaiso City?

The typical apartment in Valparaiso City offers about 902 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Valparaiso City?

Studio apartments in Valparaiso City average 475 sq. ft., one-bedrooms offer 754 sq. ft., two-bedrooms are about 980 sq. ft., and three-bedroom apartments average 1,251 sq. ft.

Valparaiso City, IN Rental Market Trends

Q: What's the typical rent budget in Valparaiso City?

The typical rent budget in Valparaiso City ranges from $1,001 to $1,500 per month, with 63% of rentals in this range.

Q: Do most people rent or own in Valparaiso City?

In Valparaiso City, 41% of households rent while 59% own their homes, based on the latest U.S. Census data.

Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Valparaiso City is $1,396, a 1.29% increase compared to the previous year, when the average rent was $1,378.

Studio Apartments at $1,152 offer the most budget-friendly option with 475 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 754 square feet for $1,272, balancing privacy and affordability.

Two-beedroom units at $1,423 offer 980 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,251 sq ft) for $1,924, suitable for larger households.

Average rent in Valparaiso City, IN

Last updated: February 18, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,396	902 sq. ft.
Studio	$1,152	475 sq. ft.
1 Bed	$1,272	754 sq. ft.
2 Beds	$1,423	980 sq. ft.
3 Beds	$1,924	1,251 sq. ft.

Valparaiso City, IN rent trends

Rental prices in Valparaiso City, IN have increased by 1.29% over the past year. The average rent moved from $1,378 to $1,396.

What's the typical rent budget in Valparaiso City, IN?

The largest share of rentals in Valparaiso City, IN (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Valparaiso City, IN?

5,945 or 41% of the households in Valparaiso City, IN are renter-occupied while 8,405 or 59% are owner-occupied.

How Valparaiso City Compares to Other Cities

City	Average Rent
Valparaiso City	$1,396
Indianapolis	$1,252
Jeffersonville	$1,240
Greenwood	$1,369
New Albany	$1,121
Bloomington	$1,631
Noblesville	$1,545
Carmel	$1,658
Fishers	$1,646
Fort Wayne	$1,143
Lafayette	$1,198
Hammond	$1,237
Merrillville	$1,370
Lansing, IL	$1,250
Hobart, IN	$1,346
Crown Point, IN	$1,664
Valparaiso, IN	$1,395
Calumet City, IL	$1,141
Gary, IN	$994
La Porte, IN	$1,273
Michigan City, IN	$984

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Valparaiso City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.