3-Bedroom Apartment Rent in Valparaiso, IN
Median asking rent for a 3-bedroom apartment in Valparaiso, Indiana as of August 2026. That's +10% higher than the citywide median of $1,450 and +25% below the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Valparaiso
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.
Rent by apartment size in Valparaiso
Compare Valparaiso's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Indiana
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Crawfordsville | $1,075 |
| 2 | New Castle | $1,130 |
| 3 | East Chicago | $1,150 |
| 4 | La Porte | $1,152 |
| 5 | Richmond | $1,160 |
| 6 | Marion | $1,210 |
| 7 | Angola | $1,220 |
| 8 | Terre Haute | $1,233 |
| 9 | Kokomo | $1,245 |
| 10 | Muncie | $1,283 |
| 11 | Michigan City | $1,290 |
| 12 | Warsaw | $1,300 |
| 13 | Evansville | $1,322 |
| 14 | Mishawaka | $1,340 |
| 15 | Lafayette | $1,365 |
Most expensive cities for a 3-bedroom in Indiana
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,430 |
| 2 | Whitestown | $2,330 |
| 3 | Carmel | $2,320 |
| 4 | McCordsville | $2,110 |
| 5 | Lawrence | $2,110 |
| 6 | Avon | $2,080 |
| 7 | Westfield | $2,060 |
| 8 | Fishers | $2,050 |
| 9 | Brownsburg | $1,960 |
| 10 | Granger | $1,910 |
| 11 | Sellersburg | $1,880 |
| 12 | Noblesville | $1,840 |
| 13 | Plainfield | $1,800 |
| 14 | Munster | $1,790 |
| 15 | Greenwood | $1,775 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Valparaiso.
| City | Distance | 3-Bedroom rent | vs Valparaiso |
|---|---|---|---|
| Portage, IN | 11.8 mi | $1,490 | $-105 (-7%) |
| Hobart, IN | 12.8 mi | $1,500 | $-95 (-6%) |
| Lake Station, IN | 15.5 mi | $1,530 | $-65 (-4%) |
| Crown Point, IN | 18.2 mi | $1,700 | +$105 (+7%) |
| Merrillville, IN | 18.3 mi | $1,770 | +$175 (+11%) |
| Gary, IN | 20.9 mi | $1,443 | $-152 (-10%) |
| Michigan City, IN | 20.9 mi | $1,290 | $-305 (-19%) |
| La Porte, IN | 26 mi | $1,152 | $-443 (-28%) |
| Schererville, IN | 26.3 mi | $1,680 | +$85 (+5%) |
| Highland, IN | 27.5 mi | $1,710 | +$115 (+7%) |
| East Chicago, IN | 29.5 mi | $1,150 | $-445 (-28%) |
| Munster, IN | 30.6 mi | $1,790 | +$195 (+12%) |
3-Bedroom rent in Valparaiso — common questions
How much is a 3-bedroom apartment in Valparaiso?
As of August 2026, the median 3-bedroom apartment rent in Valparaiso, Indiana is $1,595 per month. This is +10% higher than the citywide median of $1,450.
What income do you need to afford a 3-bedroom in Valparaiso?
Using the standard 30% rent-to-income rule, you would need an annual income of about $63,800 ($5,317/month gross), which works out to roughly $30.67/hour at a full-time job.
Is Valparaiso expensive for a 3-bedroom compared to the rest of the US?
Valparaiso's 3-bedroom median of $1,595 is +25% below the national 3-bedroom median of $2,130. It ranks in the 22th percentile of US cities tracked.
How does Valparaiso rank for 3-bedroom rent in Indiana?
Among the 62 cities in Indiana with 3-bedroom data, Valparaiso ranks #37 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Valparaiso?
Yes — nearby cities with cheaper 3-bedroom rents include Portage ($1,490), Hobart ($1,500), Lake Station ($1,530).