
Home Price Key
These days, finding an affordable place to live in the Valparaiso area can be challenging. Home prices in Valparaiso are now at a median cost of $237,171, higher than the Indiana average of $175,617.
The average cost of rent is $1,117/mo in Valparaiso, primarily driven by the current value of real estate in the Valparaiso area. While nearly 33.08% of residents own their homes outright in Valparaiso, 25.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Valparaiso is $6,910 per month. Households that rent pay about 16.16% of their income on rent here. Valparaiso's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Wheeler, IN: equally priced homes
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- Boone Grove, IN: equally priced homes
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Cities with Similar Populations
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- West Hopkinton, NH: higher priced homes
- Wesley, TX: higher priced homes
- West College Corner, IN: less expensive homes
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