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ZIP Code · IN

ZIP 46385

Pop. 40,856·Porter County·30th most expensive ZIP in Indiana
Median rent (all units)
$1,744/mo
Year-over-Year
-2.0%
Month-over-Month
-0.7%
vs US Median
-$221
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 46385 · $1,744
More affordable than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,210
2 BR
$1,470
3 BR
$1,800
4 BR+
$1,950
Research median
$1,470/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,928/yr
At $1,744/mo median
Location
StateIN
CountyPorter County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.0% YoY, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 46385 (Valparaiso, IN) is majority owner-occupied, has a median income above the national average, 35.1% of residents hold a bachelor's degree or higher.

Population
40,856
Median income
$98,957
Median age
43.2
Renters
13.4%
Age distribution
21.3%
18.5%
25.7%
14.9%
19.6%
Under 1821.3%
18–3418.5%
35–5425.7%
55–6414.9%
65+19.6%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
85.5%
White85.5%
Black2%
Hispanic9.3%
Asian2%
Other1.2%
Education (25+)
30.6%
28.7%
35.1%
No HS diploma5.6%
HS diploma30.6%
Some college28.7%
Bachelor's+35.1%
Housing tenure
86.6%
13.4%
Owner86.6%
Renter13.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 46385 in Valparaiso, IN has changed in 5 years

Income
$90,562 → $98,957
up 9.3%
Population
40,955 → 40,856
down 0.2%
Renter share
12.9% → 13.4%
+0.5 pts
Bachelor's+
34.6% → 35.1%
+0.5 pts

Local incomes tracked alongside that move, going from a median of $90,562 in 2021 to $98,957 more recently.

Community

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Local insights

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About renting in ZIP 46385

Last updated: July 20, 2026

ZIP code 46385 covers Valparaiso, IN. The median rent here is $1,744/mo as of July 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,470/mo.

At 21% of local median household income ($98,957/yr), ZIP 46385 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46385?

As of July 20, 2026, the median monthly rent in ZIP 46385 (Valparaiso, IN) is $1,744. This is based on aggregated data from public sources and community submissions.

How does ZIP 46385 rent compare to the US average?

ZIP 46385's median rent of $1,744/mo is $221 (11%) below the US national median of $1,965/mo.

How does ZIP 46385 compare to other ZIPs in Indiana?

ZIP 46385 is one of the pricier ZIP codes in Indiana, ranking #30 out of 144 ZIPs tracked at $1,744/mo.

How much income do you need to rent in ZIP 46385?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,744/mo in ZIP 46385. The local median household income is $98,957/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46385?

Rent in ZIP 46385 has decreased 2.0% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 46385 an affordable place to rent?

ZIP 46385 is considered very affordable for renters. At $1,744/mo, rent takes approximately 21% of the local median household income ($98,957/yr). The standard benchmark is 30%. ZIP 46385 falls comfortably within that range.

What percentage of ZIP 46385 residents rent vs. own?

According to Census data, approximately 13.4% of ZIP 46385 households are renters, while 86.6% are owner-occupied. ZIP 46385 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46385 compare to the rest of Valparaiso?

ZIP 46385 is pricier than Valparaiso as a whole. At $1,744/mo, it's $194 above the Valparaiso citywide median of $1,550/mo.

When was rent data for ZIP 46385 last updated?

Rent data for ZIP 46385 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,744/mo, rent takes ~21% of ZIP 46385's median household income ($98,957/yr). The standard benchmark is 30%.

ZIP 46385 21%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46385 (Valparaiso, IN)

Recent submissions

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