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Cheap Apartments for Rent in Valparaiso, IN from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Valparaiso.
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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.
807 Wood St
ValparaisoIN46383
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1 to 3 Bedroom Apartments
Sheffield Village Apartments & Townhomes
404 Glendale BlvdValparaiso, IN 46383
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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.
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5284 Broadway
MerrillvilleIN46410
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.
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Valparaiso, IN Local Guide
Valparaiso Indiana Popcorn Festival by Chris Light is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Valparaiso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Valparaiso 1 Bedroom Apartments | $1,351 | $972 | $1,800 |
| Cheap Valparaiso 2 Bedroom Apartments | $1,555 | $1,126 | $2,281 |
| Cheap Valparaiso 3 Bedroom Apartments | $1,992 | $1,475 | $2,423 |
Browse Top Apartments in Valparaiso
See all Apartments in ValparaisoExplore Valparaiso
Valparaiso, IN Local Guide
- Valparaiso Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 10/15/2025Current 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 |
|---|---|---|---|
| Banta | $1,717 | $972 | 20 |
| Downtown Valparaiso | $1,924 | $972 | 67 |
Cheapest Available Valparaiso Apartments for Rent
The cheapest available apartment rental in Valparaiso, IN is a 2 Beds unit found at Viewpointe Apartment Homes in the Banta neighborhood priced from $1,126. Uptown East in the Banta neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. Here is today’s list of the most affordable Valparaiso apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1,126 |
| Uptown East | 1X1 S | 1BR,1BA | $1,145 |
| Avery Glen Apartments | 2X1 | 2BR,1BA | $1,162 |
| Andover Park | 2 Bedroom, 1 Bath | 2BR,1BA | $1,199 |
| Williamsburg Valparaiso | Two Bedroom Apartment | 2BR,1BA | $1,233 |
Best Value Apartments for Rent in Valparaiso, IN
As of October 15, 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 2 Bedroom 2 Bathroom Model at Vale Park Village starting at $1,700 with a $1.52 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 |
| Vale Park Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.52 |
| 706 Chicago St, Unit #1 | 706 Chicago St | 2BR,1BA | $1.09 |
| Avery Glen Apartments | 2X1 | 2BR,1BA | $1.16 |
| Williamsburg Valparaiso | Two Bedroom Townhome | 2BR,1.5BA | $1.42 |
| Compass Pointe Apartments | Bermuda | 2BR,1BA | $1.63 |
| Andover Park | 2 Bedroom, 1 Bath | 2BR,1BA | $1.30 |
| Covington Square | 2bedwd | 2BR,1BA | $1.45 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.31 |
| 357 Greenwich St, Unit 6 | 357 Greenwich St | 2BR,2BA | $1.34 |
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Best Local Schools in Valparaiso, IN
Thomas Jefferson Middle School
Valparaiso Community Schools
Public School - Grades 6-8 (640)
8 out of 10
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
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 $1,145 at Uptown East.
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 $1,126 at Viewpointe Apartment Homes.
What is the most affordable Valparaiso Three Bedroom Apartment?
The best deal on a cheap Valparaiso Three Bedroom Apartment rental is at Covington Square and starts from $1,660.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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.