
Cheap Apartments for Rent in Valparaiso, IN from $925 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Valparaiso.


602 Indiana Ave

Viewpointe Apartment Homes

703 Elm St

360 College Ave

Avery Glen Apartments

The VIC

Total Monthly Price
7 Garfield Ave, Unit #3

Uptown East

Chandana Pointe Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Andover Park

Vale Park Village

Williamsburg Valparaiso

The Masters Apartment Homes

Total Monthly Price
210 Logan St, Unit 2

Golfview Apartments

Preserve at Grande Oaks Apartment Homes

Pioneer Apartments

807 Wood St

Villa Moderne Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Casa del Sol Apartments

Colombia Apartments

Anderson Crossing

Jefferson Apartments

Liberty Farm

610 Union St

Mayfield Apartments

Sheffield Village Apartments & Townhomes

Stoney Meadow Apartments

555 Locust St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

353 Morgan Blvd

357 Greenwich St

Arbor Crossing Apartments

256 College Ave

East Pointe Apartments

361 Locust St Valparaiso, IN

205 Michigan

204 Brown St, Unit 2

Hampton Park Apartments

Windridge Village Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

501 Union St

2225 Yorktowne Dr

204 Brown St

678 Dearborn Rd

State Place Apartment Homes

1022 South 19th Street

Porter Ridge Apartments

Aspen Pines

1118 Benton St

2524 Cass 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.
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 | $990 | $938 | $1,200 |
| Cheap Valparaiso 1 Bedroom Apartments | $1,406 | $925 | $1,829 |
| Cheap Valparaiso 2 Bedroom Apartments | $1,642 | $975 | $2,335 |
| Cheap Valparaiso 3 Bedroom Apartments | $2,196 | $1,194 | $3,700 |
Browse Top Apartments in Valparaiso
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Valparaiso, IN Local Guide
- Valparaiso Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 08/28/2026Current apartment rentals in the Valparaiso, IN area range in price from $925 to $3,700 with an overall median price of $1,425. Here is today’s list neighborhoods with the lowest median pricing for Valparaiso Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Banta | $1,137 | $925 | 16 |
| Downtown Valparaiso | $1,535 | $925 | 42 |
Cheapest Available Valparaiso Apartments for Rent
 The cheapest available apartment rental in Valparaiso, IN is a 1 Bed unit found at Viewpointe Apartment Homes in the Banta neighborhood priced from $1,011. Avery Glen Apartments in the Porter County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,056. Here is today’s list of the most affordable Valparaiso apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Viewpointe Apartment Homes | B-1 BD | 1BR,1BA | $1,011 |
| Avery Glen Apartments | 1X1 | 1BR,1BA | $1,056 |
| The VIC | The Vic. | 1BR,1BA | $1,095 |
| Uptown East | 1X1 S | 1BR,1BA | $1,145 |
| Andover Park | 1 Bedroom, 1 Bath - Floor Plan A | 1BR,1BA | $1,199 |
| Vale Park Village | Studio | Studio,1BA | $1,200 |
| Williamsburg Valparaiso | One Bedroom Apartment | 1BR,1BA | $1,202 |
| Golfview Apartments | G1B1B | 1BR,1BA | $1,313 |
Best Value Apartments for Rent in Valparaiso, IN
As of August 29, 2026 the best value apartment in the Valparaiso area is the $1.18 price per square foot 105 Garfield Ave Model at 105 Garfield Ave, Unit Garfield in the in the Banta neighborhood starting from $1,775. The second greatest value Valparaiso apartment is the K1 Model at The Lakes of Valparaiso starting at $2,656 with a $1.80 price per square foot in the Porter County 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. |
|---|---|---|---|
| 105 Garfield Ave, Unit Garfield | 105 Garfield Ave | 3BR,1.5BA | $1.18 |
| The Lakes of Valparaiso | K1 | 3BR,2BA | $1.80 |
| 678 Dearborn Rd | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.40 |
| Chandana Pointe Apartments | The Tuscany | 2BR,2BA | $1.36 |
| 210 Logan St, Unit 2 | 210 Logan St | 2BR,1BA | $1.36 |
| 812 S 14th St, Unit 1 unit (Duplex)) | 812 S 14th St | 2BR,1BA | $1.61 |
| 7 Garfield Ave, Unit #3 | 7 Garfield Ave | 2BR,1BA | $1.29 |
| The VIC | The Vic. | 1BR,1BA | $1.46 |
| Avery Glen Apartments | 1X1 | 1BR,1BA | $1.41 |
| Williamsburg Valparaiso | One Bedroom Apartment | 1BR,1BA | $1.71 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 a cheap apartment in Valparaiso?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Valparaiso is under $1,313.
What is the price of a cheap apartment in Valparaiso?
The cheapest apartment in Valparaiso is Viewpointe Apartment Homes which is listed at $1,011, while the average apartment in Valparaiso costs $1,425.
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 20 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 $629 which is $796 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.