807 Wood St
ValparaisoIN46383
Cheap Homes for Rent in Valparaiso, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Valparaiso.
730 Governor Rd
ValparaisoIN46385
5284 Broadway
MerrillvilleIN46410
660 N Hobart Rd
HobartIN46342
816 E 35th Ct
GaryIN46409
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.
60 University Dr
ValparaisoIN46383
4408 E 7th Ave
GaryIN46403
1118 Benton St
GaryIN46403
5372-5372 Plaza Ave
PortageIN46368
3813 E 13th Ave
GaryIN46403
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.
Showing Results 1-10, Page 1 of 1
Valparaiso, IN Local Guide
How much does it cost to rent a home in Valparaiso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Valparaiso 2 Bedroom Homes for Rent | $1,925 | $1,250 | $2,500 |
| Valparaiso 3 Bedroom Homes for Rent | $2,124 | $1,200 | $3,175 |
| Valparaiso 4 Bedroom Homes for Rent | $2,993 | $1,800 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Valparaiso, IN Local Guide
- Valparaiso Neighborhoods
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Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 06/11/2026Current apartment rentals in the Valparaiso, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Valparaiso Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Valparaiso | $1,973 | $938 | 60 |
| Banta | $2,062 | $938 | 23 |
Cheapest Available Valparaiso Apartments for Rent
The cheapest available apartment rental in Valparaiso, IN is a 1 Bed unit found at 205 Michigan in the Banta neighborhood priced from $940. Viewpointe Apartment Homes in the Banta neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,134. Here is today’s list of the most affordable Valparaiso apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 205 Michigan | 1 Bed, 1 bath | 1BR,1BA | $940 |
| Viewpointe Apartment Homes | G- 2BD | 2BR,1BA | $1,134 |
| Uptown East | 1X1 S | 1BR,1BA | $1,145 |
Best Value Apartments for Rent in Valparaiso, IN
As of June 11, 2026 the best value apartment in the 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 Valparaiso apartment is the The Indigo Model at The Enclave starting at $1,675 with a $1.27 price per square foot . Here is today’s list of the best values for 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 |
| The Enclave | The Indigo | 2BR,2BA | $1.27 |
| 205 Michigan | 3 Beds, 2 baths | 3BR,2BA | $1.48 |
| Preserve at Grande Oaks Apartment Homes | 2x2 | 2BR,2BA | $1.61 |
| 678 Dearborn Rd | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.40 |
| Andover Park | 2 Bedroom, 1 Bath | 2BR,1BA | $1.50 |
| Chandana Pointe Apartments | The Florencia | 1BR,1BA | $1.52 |
| The Lakes of Valparaiso | A2 | 1BR,1BA | $1.70 |
| Avery Glen Apartments | 1X1 | 1BR,1BA | $1.41 |
| Hills of Aberdeen Apartment Homes | One Bedroom - 720 sqft | 1BR,1BA | $1.73 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Valparaiso, IN
Thomas Jefferson Middle School
Valparaiso Community Schools
Public School - Grades 6-8 (640)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Valparaiso, IN Rentals by Map
See the most popular apartments and homes in Valparaiso, IN
Frequently Asked Questions about Valparaiso
What type of rentals are currently available in Valparaiso?
There are currently 95 Apartments for Rent in Valparaiso, IN with pricing that ranges from $938 to $3,352. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valparaiso ranging from $650 to $3,500.
What is the current price range for Rental Homes in Valparaiso?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Valparaiso ranges from $650 to $3,500 with an average monthly rent of $1,943.
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.