Cheap Homes for Rent in Downtown Valparaiso Neighborhood of Valparaiso, IN from $700 (3 Rentals)

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

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.

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.

Downtown Valparaiso, Valparaiso, IN Local Guide

Best Value Apartments for Rent in Downtown Valparaiso, IN

As of August 30, 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 I4 Model at The Lakes of Valparaiso starting at $2,451 with a $1.78 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.
The VIC2 Beds, 2 baths2BR,2BA$1.25
The Lakes of ValparaisoI42BR,2BA$1.78
706 Chicago St, Unit #1706 Chicago St2BR,1BA$1.09
Preserve at Grande Oaks Apartment Homes2x22BR,2BA$1.61
Vale Park Village2 Bedroom 1 Bathroom2BR,1BA$1.54
Covington Square2bedwd2BR,1BA$1.48
357 Greenwich St, Unit 6357 Greenwich St2BR,2BA$1.45
Chandana Pointe ApartmentsThe Florencia1BR,1BA$1.49
Avery Glen Apartments1X11BR,1BA$1.36
Williamsburg ValparaisoOne Bedroom Apartment1BR,1BA$1.65

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Pet Friendly Lifestyle
Downtown Valparaiso, Valparaiso, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Valparaiso

What type of rentals are currently available in Downtown Valparaiso?

There are currently 40 Apartments for Rent in Downtown Valparaiso, IN with pricing that ranges from $1,017 to $7,029. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Valparaiso ranging from $725 to $2,550.

What is the current price range for Rental Homes in Downtown Valparaiso?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Valparaiso ranges from $725 to $2,550 with an average monthly rent of $1,450.

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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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.