807 Wood St
ValparaisoIN46383
Cheap Homes for Rent in Downtown Valparaiso Neighborhood of Valparaiso, IN from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Valparaiso area of Valparaiso.
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.
353 South Morgan Boulevard, Unit 1
353 South Morgan Boulevard
ValparaisoIN46383
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.
822 Jefferson St
ValparaisoIN46383
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Downtown Valparaiso, Valparaiso, IN Local Guide
How much does it cost to rent a home in Downtown Valparaiso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Valparaiso 2 Bedroom Homes for Rent | $2,316 | $2,200 | $2,400 |
| Downtown Valparaiso 3 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Valparaiso Neighborhood of Valparaiso, IN.
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Best Value Apartments for Rent in Downtown Valparaiso, IN
As of June 12, 2026 the best value apartment in the Downtown Valparaiso area is the $1.20 price per square foot 105 Garfield Ave Model at 105 Garfield Ave, Unit Garfield in the in the Banta neighborhood starting from $1,800. The second greatest value Downtown Valparaiso apartment is the St. Lucia - Furnished Model at Compass Pointe Apartments starting at $3,352 with a $2.56 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. |
|---|---|---|---|
| 105 Garfield Ave, Unit Garfield | 105 Garfield Ave | 3BR,1.5BA | $1.20 |
| Compass Pointe Apartments | St. Lucia - Furnished | 3BR,2BA | $2.56 |
| 205 Michigan | 3 Beds, 2 baths | 3BR,2BA | $1.48 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.35 |
| Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1.52 |
| Golfview Apartments | G2B1B | 2BR,1BA | $1.95 |
| The Lakes of Valparaiso | A2 | 1BR,1BA | $1.71 |
| Uptown East | 1X1 S | 1BR,1BA | $1.89 |
| The Linc Valpo | The Jefferson | 1BR,1BA | $3.05 |
Frequently Asked Questions about Downtown Valparaiso
What type of rentals are currently available in Downtown Valparaiso?
There are currently 38 Apartments for Rent in Downtown Valparaiso, IN with pricing that ranges from $938 to $3,352. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Valparaiso ranging from $650 to $2,400.
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 $650 to $2,400 with an average monthly rent of $1,755.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.