Cheap Apartments for Rent in Valparaiso, IN from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Valparaiso.

807 Wood St

Sheffield Village Apartments & Townhomes
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

5284 Broadway

660 N Hobart Rd

3801 Tennessee St

910 Broadway Ave
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

4393 Kentucky St
Valparaiso, IN Local Guide

How much does it cost to rent an apartment in Valparaiso?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Valparaiso 1 Bedroom Apartments | $1,652 | $1,017 | $4,109 |
Cheap Valparaiso 2 Bedroom Apartments | $1,845 | $1,095 | $5,985 |
Cheap Valparaiso 3 Bedroom Apartments | $2,274 | $1,475 | $7,029 |
Browse Top Apartments in Valparaiso
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Valparaiso, IN Local Guide
- Valparaiso Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 08/30/2025Current apartment rentals in the Valparaiso, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Valparaiso Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Valparaiso | $1,901 | $1,017 | 52 |
Banta | $1,943 | $1,095 | 16 |
Cheapest Available Valparaiso Apartments for Rent
 The cheapest available apartment rental in Valparaiso, IN is a 1 Bed unit found at Avery Glen Apartments in the Downtown Valparaiso neighborhood priced from $1,017. Williamsburg Valparaiso in the Downtown Valparaiso neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,155. Here is today’s list of the most affordable Valparaiso apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Avery Glen Apartments | 1X1 | 1BR,1BA | $1,017 |
Williamsburg Valparaiso | One Bedroom Apartment | 1BR,1BA | $1,155 |
Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1,165 |
Vale Park Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,175 |
Uptown East | 1X1 S | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Valparaiso, IN
As of August 30, 2025 the best value apartment in the Valparaiso area is the $1.25 price per square foot 2 Beds, 2 baths Model at The VIC in the in the Banta neighborhood starting from $1,895. The second greatest value Valparaiso apartment is the 706 Chicago St Model at 706 Chicago St, Unit #1 starting at $1,200 with a $1.09 price per square foot in the Banta neighborhood. Here is today’s list of the best values for Valparaiso apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The VIC | 2 Beds, 2 baths | 2BR,2BA | $1.25 |
706 Chicago St, Unit #1 | 706 Chicago St | 2BR,1BA | $1.09 |
Preserve at Grande Oaks Apartment Homes | 2x2 | 2BR,2BA | $1.61 |
Hills of Aberdeen Apartment Homes | One Bedroom | 1BR,1BA | $1.45 |
Vale Park Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.54 |
Andover Park | 2 Bedroom, 1 Bath | 2BR,1BA | $1.41 |
Covington Square | 2bedwd | 2BR,1BA | $1.48 |
357 Greenwich St, Unit 6 | 357 Greenwich St | 2BR,2BA | $1.45 |
Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1.49 |
Avery Glen Apartments | 1X1 | 1BR,1BA | $1.36 |
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Best Local Schools in Valparaiso, IN
Thomas Jefferson Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Valparaiso, IN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
12 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Valparaiso Apartments
How much is rent for a Cheap One Bedroom Valparaiso Apartment?
The lowest price for a Cheap One Bedroom Valparaiso Apartment is $1,017 at Avery Glen Apartments.
What is the lowest price for a Cheap Two Bedroom Valparaiso Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Valparaiso is starting from $1,275 at Chandana Pointe Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.