Rent by ZIP · Porter County
Rent in Valparaiso, IN 46383
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,470 (+8.9% vs FY2026). Renters in this ZIP code pay a median $1,212 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,150 | $980 | +17.3% | $1,035–1,265 | $928 ±$111 |
| 1 bedroom | $1,210 | $1,110 | +9% | $1,089–1,331 | $1,150 ±$51 |
| 2 bedrooms | $1,470 | $1,350 | +8.9% | $1,323–1,617 | $1,238 ±$67 |
| 3 bedrooms | $1,790 | $1,650 | +8.5% | $1,611–1,969 | $1,538 ±$198 |
| 4 bedrooms | $1,950 | $1,790 | +8.9% | $1,755–2,145 | $2,117 ±$289 |
Small Area FMRs for the Gary, IN HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Gary, IN HUD Metro FMR Area, 2 bedrooms: $1,429.
What renters pay in 46383
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 46381 | Thayer | $1,380 | – |
| 46385 | Valparaiso | $1,590 | $1,250 |
| 46379 | Sumava Resorts | $1,270 | – |
| 46377 | Shelby | $1,540 | – |
| 46376 | Schneider | $1,340 | $1,094 |
| 46390 | Wanatah | $1,600 | – |
Fair Market Rents across Porter County, IN · All IN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.