Rent by ZIP ·
Rent in Valparaiso, IN 46384
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,480 (+8.8% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,160 | $990 | +17.2% | $1,044–1,276 | – |
| 1 bedroom | $1,220 | $1,120 | +8.9% | $1,098–1,342 | – |
| 2 bedrooms | $1,480 | $1,360 | +8.8% | $1,332–1,628 | – |
| 3 bedrooms | $1,800 | $1,660 | +8.4% | $1,620–1,980 | – |
| 4 bedrooms | $1,970 | $1,800 | +9.4% | $1,773–2,167 | – |
Small Area FMRs for the Gary, IN HUD Metro FMR Area. 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.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 46383 | Valparaiso | $1,470 | $1,238 |
| 46385 | Valparaiso | $1,590 | $1,250 |
| 46381 | Thayer | $1,380 | – |
| 46379 | Sumava Resorts | $1,270 | – |
| 46390 | Wanatah | $1,600 | – |
| 46377 | Shelby | $1,540 | – |
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.