Cheap Homes for Rent in Valparaiso, IN from $700 (17 Rentals)

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Valparaiso, IN Local Guide

Cheapest Neighborhoods for Apartments in Valparaiso, IN

Pricing Updated: 10/11/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Banta$1,717$97221
Downtown Valparaiso$1,841$97272

Cheapest Available Valparaiso Apartments for Rent

 

The cheapest available apartment rental in Valparaiso, IN is a 2 Beds unit found at Viewpointe Apartment Homes in the Banta neighborhood priced from $1,126. Uptown East in the Banta neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. Here is today’s list of the most affordable Valparaiso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Viewpointe Apartment HomesJ-2 BD2BR,1BA$1,126
Uptown East1X1 S1BR,1BA$1,145
Avery Glen Apartments2X12BR,1BA$1,162
Andover Park2 Bedroom, 1 Bath2BR,1BA$1,199
Williamsburg ValparaisoTwo Bedroom Apartment2BR,1BA$1,233

Best Value Apartments for Rent in Valparaiso, IN

As of October 11, 2025 the best value apartment in the 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 Valparaiso apartment is the 706 Chicago St Model at 706 Chicago St, Unit #1 starting at $1,200 with a $1.09 price per square foot in the Banta neighborhood. Here is today’s list of the best values for Valparaiso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The VIC2 Beds, 2 baths2BR,2BA$1.25
706 Chicago St, Unit #1706 Chicago St2BR,1BA$1.09
Avery Glen Apartments2X12BR,1BA$1.16
Williamsburg ValparaisoTwo Bedroom Townhome2BR,1.5BA$1.42
Vale Park Village2 Bedroom 1 Bathroom2BR,1BA$1.54
Compass Pointe ApartmentsBermuda2BR,1BA$1.63
Andover Park2 Bedroom, 1 Bath2BR,1BA$1.30
Covington Square2bedwd2BR,1BA$1.45
Viewpointe Apartment HomesJ-2 BD2BR,1BA$1.31
357 Greenwich St, Unit 6357 Greenwich St2BR,2BA$1.34

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Frequently Asked Questions about Valparaiso

What type of rentals are currently available in Valparaiso?

There are currently 81 Apartments for Rent in Valparaiso, IN with pricing that ranges from $972 to $2,423. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valparaiso ranging from $700 to $4,500.

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 $700 to $4,500 with an average monthly rent of $1,947.

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.

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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.