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Cheap Apartments for Rent in Valparaiso, IN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Valparaiso.
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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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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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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
256 College Ave
ValparaisoIN46383
5284 Broadway
MerrillvilleIN46410
3801 Tennessee St
GaryIN46409
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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 Studio Apartments | $1,125 | $1,125 | $1,125 |
| Cheap Valparaiso 1 Bedroom Apartments | $1,713 | $950 | $4,808 |
| Cheap Valparaiso 2 Bedroom Apartments | $1,728 | $1,095 | $5,153 |
| Cheap Valparaiso 3 Bedroom Apartments | $2,312 | $1,475 | $8,989 |
Browse Top Apartments in Valparaiso
See all Apartments in ValparaisoExplore Valparaiso
Valparaiso, IN Local Guide
- Valparaiso Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 06/14/2025Current 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 | $1,752 | $975 | 11 |
| Banta | $1,891 | $972 | 39 |
Cheapest Available Valparaiso Apartments for Rent
The cheapest available apartment rental in Valparaiso, IN is a 2 Beds unit found at Avery Glen Apartments in the Banta neighborhood priced from $1,162. Andover Park in the Downtown Valparaiso neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,209. Here is today’s list of the most affordable Valparaiso apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avery Glen Apartments | 2X1 | 2BR,1BA | $1,162 |
| Andover Park | 1 Bedroom, 1 Bath - Floor Plan B | 1BR,1BA | $1,209 |
| Uptown East | 1X1 S | 1BR,1BA | $1,249 |
| Golfview Apartments | G1B1B | 1BR,1BA | $1,275 |
| Vale Park Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Valparaiso, IN
As of June 14, 2025 the best value apartment in the Valparaiso area is the $1.16 price per square foot 2X1 Model at Avery Glen Apartments in the in the Banta neighborhood starting from $1,162. The second greatest value Valparaiso apartment is the Two Bedroom Townhome Model at Williamsburg Valparaiso starting at $1,524 with a $1.53 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. |
|---|---|---|---|
| Avery Glen Apartments | 2X1 | 2BR,1BA | $1.16 |
| Williamsburg Valparaiso | Two Bedroom Townhome | 2BR,1.5BA | $1.53 |
| The Lakes of Valparaiso | C2 | 1BR,1BA | $2.33 |
| Covington Square | 2bedwd | 2BR,1BA | $1.45 |
| Vale Park Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.68 |
| 357 College Ave, Unit 2 | 357 College Ave | 2BR,1BA | $1.60 |
| Hills of Aberdeen Apartment Homes | One Bedroom - 720 sqft | 1BR,1BA | $1.99 |
| Andover Park | 1 Bedroom, 1 Bath - Floor Plan B | 1BR,1BA | $1.86 |
| 204 Brown St, Unit 2 | 204 Brown St | 1BR,1BA | $1.84 |
| Golfview Apartments | G1B1B | 1BR,1BA | $2.08 |
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Best Local Schools in Valparaiso, IN
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
Valparaiso, IN Apartments MapValparaiso, IN Rental Homes MapGetting Around Valparaiso, IN
Walk Score®
39 / 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 $1,209 at Andover Park.
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 $1,162 at Avery Glen 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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.