Cheap Apartments for Rent in the Downtown Valparaiso Neighborhood of Valparaiso, IN from $500 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Valparaiso area of Valparaiso.

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Pioneer Apartments
Studio to 3 Bedroom Apartments

Pioneer Apartments

101 Chicago StValparaiso, IN 46383
  • Utilities Included
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Colombia Apartments
1 to 2 Bedroom Apartments

Colombia Apartments

500 Indiana AveValparaiso, IN 46383
  • Utilities Included
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Jefferson Apartments
1 Bedroom Apartments

Jefferson Apartments

52-54 College AveValparaiso, IN 46383
  • Utilities Included

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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610 Union St
Studio Apartments

610 Union St

610 Union StValparaiso, IN 46383
  • Smoke Free
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555 Locust St
1 Bedroom Apartments

555 Locust St

555 S Locust StValparaiso, IN 46383
  • Smoke Free
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353 Morgan Blvd
Studio Apartments

353 Morgan Blvd

353 Morgan BlvdValparaiso, IN 46383

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.

Downtown Valparaiso, Valparaiso, IN Local Guide

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 ListingModel NameBed/BathPriced From
Avery Glen Apartments2X12BR,1BA$1,162
Chandana Pointe ApartmentsThe Florencia1BR,1BA$1,165
Covington Square1bedwd1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Avery Glen Apartments2X12BR,1BA$1.16
Williamsburg ValparaisoTwo Bedroom Townhome2BR,1.5BA$1.52
The Lakes of ValparaisoC21BR,1BA$2.21
Vale Park Village1 Bedroom 1 Bath1BR,1BA$1.68
Chandana Pointe ApartmentsThe Florencia1BR,1BA$1.49
Woodside Village Apartments2 Bedroom, 1 Bath2BR,1BA$1.89
Covington Square1bedwd1BR,1BA$1.68
Uptown East1X1 D1BR,1BA$2.37
Golfview ApartmentsG1B1B1BR,1BA$2.12
204 Brown St, Unit 2204 Brown St1BR,1BA$1.76

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Pet Friendly Lifestyle
Downtown Valparaiso, Valparaiso, IN

Ranked #1

Among neighborhoods in Valparaiso, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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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.