4+ Bedroom Apartment Rent in Valparaiso, IN
Median asking rent for a 4+ bedroom apartment in Valparaiso, Indiana as of July 2026. That's +11% higher than the citywide median of $1,550 and +32% below the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Frankfort | $1,115 |
| 2 | East Chicago | $1,230 |
| 3 | Logansport | $1,230 |
| 4 | New Castle | $1,250 |
| 5 | Angola | $1,290 |
| 6 | Richmond | $1,350 |
| 7 | Marion | $1,370 |
| 8 | La Porte | $1,394 |
| 9 | Kokomo | $1,395 |
| 10 | Crawfordsville | $1,398 |
| 11 | Elkhart | $1,400 |
| 12 | Terre Haute | $1,430 |
| 13 | Mishawaka | $1,440 |
| 14 | Delphi | $1,450 |
| 15 | Goshen | $1,460 |
Most expensive cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,960 |
| 2 | Whitestown | $2,830 |
| 3 | Carmel | $2,820 |
| 4 | McCordsville | $2,560 |
| 5 | Lawrence | $2,560 |
| 6 | Avon | $2,530 |
| 7 | Westfield | $2,500 |
| 8 | Fishers | $2,480 |
| 9 | Brownsburg | $2,390 |
| 10 | Noblesville | $2,235 |
| 11 | Sellersburg | $2,180 |
| 12 | Plainfield | $2,180 |
| 13 | Greenwood | $2,160 |
| 14 | Indianapolis | $2,143 |
| 15 | Granger | $2,040 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 4+ bedroom rents than Valparaiso.
| City | Distance | 4+ Bedroom rent | vs Valparaiso |
|---|---|---|---|
| Portage, IN | 11.8 mi | $1,600 | $-120 (-7%) |
| Hobart, IN | 12.8 mi | $1,620 | $-100 (-6%) |
| Lake Station, IN | 15.5 mi | $1,640 | $-80 (-5%) |
| Crown Point, IN | 18.2 mi | $1,830 | +$110 (+6%) |
| Merrillville, IN | 18.3 mi | $1,910 | +$190 (+11%) |
| Gary, IN | 20.9 mi | $1,550 | $-170 (-10%) |
| Michigan City, IN | 20.9 mi | $1,490 | $-230 (-13%) |
| La Porte, IN | 26 mi | $1,394 | $-326 (-19%) |
| Highland, IN | 27.5 mi | $1,840 | +$120 (+7%) |
| Lowell, IN | 28.2 mi | $1,840 | +$120 (+7%) |
| East Chicago, IN | 29.5 mi | $1,230 | $-490 (-28%) |
| Munster, IN | 30.6 mi | $1,920 | +$200 (+12%) |
4+ Bedroom rent in Valparaiso — common questions
How much is a 4+ bedroom apartment in Valparaiso?
As of July 2026, the median 4+ bedroom apartment rent in Valparaiso, Indiana is $1,720 per month. This is +11% higher than the citywide median of $1,550.
What income do you need to afford a 4+ bedroom in Valparaiso?
Using the standard 30% rent-to-income rule, you would need an annual income of about $68,800 ($5,733/month gross), which works out to roughly $33.08/hour at a full-time job.
Is Valparaiso expensive for a 4+ bedroom compared to the rest of the US?
Valparaiso's 4+ bedroom median of $1,720 is +32% below the national 4+ bedroom median of $2,520. It ranks in the 16th percentile of US cities tracked.
How does Valparaiso rank for 4+ bedroom rent in Indiana?
Among the 64 cities in Indiana with 4+ bedroom data, Valparaiso ranks #30 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Valparaiso?
Yes — nearby cities with cheaper 4+ bedroom rents include Portage ($1,600), Hobart ($1,620), Lake Station ($1,640).