Rental numbers for Porter County, IN
The typical home here runs -$1,137 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%.
- Gross yield
- 5.3%
- typical home, Zillow
- Median ZIP yield
- 5.6%
- 4 ZIPs with full data
- Cash flow
- -$1,137/mo
- at 7.78%, 25% down
- Typical price
- $333,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,475/mo
- Zillow ZORI, Aug 2026
ZIP codes in Porter County
8 with published figures
| 46393Valparaiso | $214,000 | $1,390* | 7.8% | 4.4% | -$374 | n/a |
| 46368Portage | $274,000 | $1,484 | 6.5% | 3.3% | -$726 | +4.0% |
| 46304Chesterton | $336,000 | $1,653 | 5.9% | 2.9% | -$1,011 | n/a |
| 46385Valparaiso | $376,000 | $1,685 | 5.4% | 2.5% | -$1,242 | n/a |
| 46347Kouts | $318,000 | $1,240* | 4.7% | 1.8% | -$1,234 | n/a |
| 46383Valparaiso | $349,000 | $1,346 | 4.6% | 1.7% | -$1,375 | +4.9% |
| 46341Hebron | $332,000 | $1,120* | 4.0% | 1.3% | -$1,422 | n/a |
| 46301 | $682,000 | $1,210* | 2.1% | -0.3% | -$3,837 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.4%
- Rent, 12 months
- +4.0%
- Rent minus price growth
- +1.5 pts
- Property tax
- 0.83%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $272,196 | $1,124 |
| Aug 2022 | $300,201 | $1,235 |
| Aug 2023 | $311,807 | $1,304 |
| Aug 2024 | $319,015 | $1,365 |
| Aug 2025 | $325,024 | $1,419 |
| Aug 2026 | $332,910 | $1,475 |
HUD Fair Market Rent
FY2027, Gary, IN HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,117 | $1,176 | $1,429 | $1,739 | $1,898 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 8.7
- 600 units, last 12 months
- National percentile
- 67th
- among US counties
Tools
Test a listing in Porter County against today's rate.
Open the calculatorPart of the Chicago, IL metro.
Questions
- Is Porter County good for rental property?
- The typical home here runs -$1,137 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Porter County?
- About 0.83% of value, from Census ACS median taxes paid over median home value. On a $333,000 home that is about $2,750 a year.
- What is Fair Market Rent in Porter County?
- HUD's FY2027 Fair Market Rent here is $1,176 for a 1-bedroom, $1,429 for a 2-bedroom and $1,739 for a 3-bedroom. Typical cash flow at today's rate is -$1,137 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.