Cheap Apartments for Rent in the Downtown Valparaiso Neighborhood of Valparaiso, IN from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Valparaiso area of Valparaiso.
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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.
Downtown Valparaiso, Valparaiso, IN Local Guide

How much does it cost to rent an apartment in Downtown Valparaiso?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Valparaiso Studio Apartments | $1,125 | $1,125 | $1,125 |
Downtown Valparaiso 1 Bedroom Apartments | $1,839 | $975 | $4,568 |
Downtown Valparaiso 2 Bedroom Apartments | $1,785 | $1,126 | $4,981 |
Downtown Valparaiso 3 Bedroom Apartments | $2,381 | $1,475 | $8,989 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Valparaiso Neighborhood of Valparaiso, IN.
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Downtown Valparaiso, Valparaiso, IN Local Guide
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Cheapest Available Downtown Valparaiso Apartments for Rent
 The cheapest available apartment rental in the Downtown Valparaiso area of Valparaiso, IN is a 2 Beds unit found at Avery Glen Apartments priced from $1,162. Chandana Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here are the most affordable Downtown Valparaiso apartments for rent in Valparaiso, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Avery Glen Apartments | 2X1 | 2BR,1BA | $1,162 |
Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1,165 |
Covington Square | 1bedwd | 1BR,1BA | $1,190 |
Best Value Apartments for Rent in Downtown Valparaiso, IN
As of June 21, 2025 the best value apartment in the Downtown Valparaiso area is the $1.16 price per square foot 2X1 Model at Avery Glen Apartments in the in the Downtown Valparaiso neighborhood starting from $1,162. The second greatest value Downtown Valparaiso apartment is the Two Bedroom Townhome Model at Williamsburg Valparaiso starting at $1,518 with a $1.52 price per square foot in the Downtown Valparaiso neighborhood. Here is today’s list of the best values for Downtown 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 | $1.52 |
The Lakes of Valparaiso | C2 | 1BR,1BA | $2.21 |
Vale Park Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.68 |
Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1.49 |
Woodside Village Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.89 |
Covington Square | 1bedwd | 1BR,1BA | $1.68 |
Uptown East | 1X1 D | 1BR,1BA | $2.37 |
Golfview Apartments | G1B1B | 1BR,1BA | $2.12 |
204 Brown St, Unit 2 | 204 Brown St | 1BR,1BA | $1.76 |
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Pet Friendly LifestyleDowntown Valparaiso, Valparaiso, IN
Ranked #1
Among neighborhoods in Valparaiso, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Valparaiso Neighborhood in Valparaiso, IN
Walk Score®
86 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
24 / 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 Downtown Valparaiso Apartments
How much is rent for a Cheap One Bedroom Downtown Valparaiso Apartment?
The lowest price for a Cheap One Bedroom Downtown Valparaiso Apartment is $1,165 at Chandana Pointe Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Valparaiso Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown 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.