
Cheap Apartments for Rent in Valparaiso, IN from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Valparaiso.


Pioneer Apartments

Villa Moderne Apartments

Colombia Apartments

Casa del Sol Apartments

Anderson Crossing

610 Union St
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.

Jefferson Apartments

Liberty Farm

Mayfield Apartments

Sheffield Village Apartments & Townhomes

Stoney Meadow Apartments

353 Morgan Blvd

555 Locust St
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.
Valparaiso, IN Local Guide

How much does it cost to rent an apartment in Valparaiso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Valparaiso Studio Apartments | $999 | $899 | $1,200 |
| Cheap Valparaiso 1 Bedroom Apartments | $1,377 | $925 | $1,868 |
| Cheap Valparaiso 2 Bedroom Apartments | $1,574 | $1,095 | $2,210 |
| Cheap Valparaiso 3 Bedroom Apartments | $1,990 | $1,290 | $2,385 |
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Valparaiso, IN Local Guide
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Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 01/13/2026Current 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 | $2,014 | $899 | 72 |
| Banta | $2,295 | $899 | 27 |
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. Chandana Pointe Apartments in the Downtown Valparaiso neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. 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 |
| Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1,125 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1,126 |
| Uptown East | 1X1 S | 1BR,1BA | $1,145 |
| Andover Park | 1 Bedroom, 1 Bath - Floor Plan A | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Valparaiso, IN
As of January 13, 2026 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 212 Logan St Model at 212 Logan St starting at $1,499 with a $1.50 price per square foot in the Downtown Valparaiso 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 |
| 212 Logan St | 212 Logan St | 2BR,1BA | $1.50 |
| Covington Square | 2bed | 2BR,1BA | $1.48 |
| Williamsburg Valparaiso | Two Bedroom Apartment | 2BR,1BA | $1.41 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.31 |
| Windridge Village Apartments | Naxos | 2BR,1BA | $1.59 |
| Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1.44 |
| The Lakes of Valparaiso | A2 | 1BR,1BA | $1.71 |
| Vale Park Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| Avery Glen Apartments | 1X1 | 1BR,1BA | $1.36 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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!
Explore Valparaiso, IN Rentals by Map
See the most popular apartments and homes in Valparaiso, IN
Frequently Asked Questions about Cheap Valparaiso Apartments
What is the price of a cheap apartment in Valparaiso?
The cheapest apartment in Valparaiso is Avery Glen Apartments which is listed at $1,017, while the average apartment in Valparaiso costs $2,154.
What types of apartments are the cheapest in Valparaiso?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Valparaiso that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Valparaiso?
Cheap apartments in Valparaiso have an average cost of $425 which is $1,729 cheaper than the average rent for all rentals in Valparaiso.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!