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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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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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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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Downtown Valparaiso, 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 Downtown Valparaiso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Valparaiso 1 Bedroom Apartments | $1,336 | $972 | $1,730 |
| Downtown Valparaiso 2 Bedroom Apartments | $1,543 | $1,126 | $2,174 |
| Downtown Valparaiso 3 Bedroom Apartments | $1,872 | $1,475 | $2,385 |
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 Viewpointe Apartment Homes priced from $1,126. Williamsburg Valparaiso has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,128. Here are the most affordable Downtown Valparaiso apartments for rent in Valparaiso, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1,126 |
| Williamsburg Valparaiso | One Bedroom Apartment | 1BR,1BA | $1,128 |
| Uptown East | 1X1 S | 1BR,1BA | $1,145 |
Best Value Apartments for Rent in Downtown Valparaiso, IN
As of October 31, 2025 the best value apartment in the Downtown 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 Downtown 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 Downtown 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 |
| Windridge Village Apartments | Baha | 3BR,2BA | $1.56 |
| Village Green Townhomes | 2 bed 2 1/2 bath | 2BR,2.5BA | $1.39 |
| Compass Pointe Apartments | Cozumel | 2BR,2BA | $1.54 |
| Avery Glen Apartments | 2X1 | 2BR,1BA | $1.16 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.31 |
| 357 Greenwich St, Unit 6 | 357 Greenwich St | 2BR,2BA | $1.34 |
| Covington Square | 1bedwd | 1BR,1BA | $1.68 |
| Williamsburg Valparaiso | One Bedroom Apartment | 1BR,1BA | $1.60 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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.
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Pet Friendly LifestyleDowntown Valparaiso, Valparaiso, IN
Ranked #1
Among cities in Indiana 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 $1,128 at Williamsburg Valparaiso.
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 $1,126 at Viewpointe Apartment Homes.
What is the most affordable Downtown Valparaiso Three Bedroom Apartment?
The best deal on a cheap Downtown Valparaiso Three Bedroom Apartment rental is at Windridge Village Apartments and starts from $1,665.
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.
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!
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.