204 Brown St, Unit 2
204 Brown St
ValparaisoIN46383
Cheap Homes for Rent in the Downtown Valparaiso Neighborhood of Valparaiso, IN from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Valparaiso area of Valparaiso.
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
501 Union St, Unit 1
501 Union St
ValparaisoIN46383
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
557 W Chicago St
ValparaisoIN46385
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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 | $1,900 | $1,500 | $2,300 |
| Downtown Valparaiso 3 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
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 Homes for Rent in Downtown Valparaiso, IN
As of September 22, 2026 the best value rental home in the Downtown Valparaiso area is the $1.16 price per square foot 557 W Chicago St Model at 557 W Chicago St in the Banta neighborhood starting from $2,200. The second greatest value Downtown Valparaiso rental home is the 306 Brown St Model at 306 Brown St in the Banta neighborhood starting at $2,300 with a $1.66 price per square foot. Here is today’s list of the best values for Downtown Valparaiso homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 557 W Chicago St | 557 W Chicago St | 3BR, 2BA | $1.16 |
| 306 Brown St | 306 Brown St | 2BR, 1BA | $1.66 |
| 501 Union St, Unit 1 | 501 Union St | 2BR, 2BA | $1.76 |
| 204 Brown St, Unit 2 | 204 Brown St | 1BR, 1BA | $1.80 |
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 $938 to $3,700. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Valparaiso ranging from $1,100 to $2,300.
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 $1,100 to $2,300 with an average monthly rent of $1,775.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.