
Cheap Homes for Rent in Valparaiso, IN from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Valparaiso.


807 Wood St

3801 Tennessee St

5 N Washington St

892 N State Rd 149

892 N State Rd 149

223 W Division Rd

2708 Central Dr

405 Roosevelt Rd

6140 E 3rd Ave

6065 E 6th Pl

5075 Wessex St

3784 Helix St

5096 Wessex St

3778 Helix St

5930 Fiesta Ave

12435 Ripley Pl
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 | $1,393 | $1,200 | $2,095 |
Valparaiso 3 Bedroom Homes for Rent | $2,015 | $1,150 | $3,250 |
Valparaiso 4 Bedroom Homes for Rent | $2,316 | $2,100 | $2,500 |
Valparaiso 5 Bedroom Homes for Rent | $3,233 | $2,500 | $4,500 |
Valparaiso 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Top Homes for Rent in Valparaiso
Explore Valparaiso
Valparaiso, IN Local Guide
- Valparaiso Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 10/11/2025Current 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 |
---|---|---|---|
Banta | $1,717 | $972 | 21 |
Downtown Valparaiso | $1,841 | $972 | 72 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1,126 |
Uptown East | 1X1 S | 1BR,1BA | $1,145 |
Avery Glen Apartments | 2X1 | 2BR,1BA | $1,162 |
Andover Park | 2 Bedroom, 1 Bath | 2BR,1BA | $1,199 |
Williamsburg Valparaiso | Two Bedroom Apartment | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The VIC | 2 Beds, 2 baths | 2BR,2BA | $1.25 |
706 Chicago St, Unit #1 | 706 Chicago St | 2BR,1BA | $1.09 |
Avery Glen Apartments | 2X1 | 2BR,1BA | $1.16 |
Williamsburg Valparaiso | Two Bedroom Townhome | 2BR,1.5BA | $1.42 |
Vale Park Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.54 |
Compass Pointe Apartments | Bermuda | 2BR,1BA | $1.63 |
Andover Park | 2 Bedroom, 1 Bath | 2BR,1BA | $1.30 |
Covington Square | 2bedwd | 2BR,1BA | $1.45 |
Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.31 |
357 Greenwich St, Unit 6 | 357 Greenwich St | 2BR,2BA | $1.34 |
Quick 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.
Best Local Schools in Valparaiso, IN
Thomas Jefferson Middle School
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 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.