Cheap Homes for Rent in Downtown Valparaiso Neighborhood of Valparaiso, IN from $700 (2 Rentals)

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

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.

property at 253 Jefferson St

253 Jefferson St

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.

Downtown Valparaiso, Valparaiso, IN Local Guide

Best Value Apartments for Rent in Downtown Valparaiso, IN

As of October 16, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The VIC2 Beds, 2 baths2BR,2BA$1.25
Vale Park Village2 Bedroom 2 Bathroom2BR,2BA$1.52
706 Chicago St, Unit #1706 Chicago St2BR,1BA$1.09
Preserve at Grande Oaks Apartment Homes2x22BR,2BA$1.61
Avery Glen Apartments2X12BR,1BA$1.16
Williamsburg ValparaisoTwo Bedroom Townhome2BR,1.5BA$1.42
Compass Pointe ApartmentsBermuda2BR,1BA$1.63
Covington Square2bedwd2BR,1BA$1.45
357 Greenwich St, Unit 6357 Greenwich St2BR,2BA$1.34
Viewpointe Apartment HomesD-1 BD1BR,1BA$1.66

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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 41 Apartments for Rent in Downtown Valparaiso, IN with pricing that ranges from $972 to $2,423. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Valparaiso ranging from $725 to $3,250.

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 $3,250 with an average monthly rent of $1,955.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

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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.