807 Wood St
ValparaisoIN46383
Cheap Homes for Rent in the 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.
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.
256 College Ave
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.
204 Brown St, Unit 2
204 Brown 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 | $1,900 | $1,500 | $2,300 |
| Downtown Valparaiso 3 Bedroom Homes for Rent | $2,908 | $2,200 | $3,400 |
| Downtown Valparaiso 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
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 August 08, 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 $3,353 with a $2.56 price per square foot in the Porter County 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 |
| The Lakes of Valparaiso | I2 | 2BR,2BA | $1.92 |
| Vale Park Village | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.40 |
| Chandana Pointe Apartments | The Tuscany | 2BR,2BA | $1.36 |
| 212 Logan St | 212 Logan St | 2BR,1BA | $1.30 |
| 7 Garfield Ave, Unit #3 | 7 Garfield Ave | 2BR,1BA | $1.29 |
| Williamsburg Valparaiso | One Bedroom Apartment | 1BR,1BA | $1.72 |
| 205 Michigan | 1 Bed, 1 bath | 1BR,1BA | $1.57 |
| Golfview Apartments | G1B1B | 1BR,1BA | $2.15 |
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 $890 to $3,615. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Valparaiso ranging from $650 to $3,400.
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 $3,400 with an average monthly rent of $2,140.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.