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Cheap Apartments for Rent in Valparaiso, IN from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Valparaiso.
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1 to 3 Bedroom Apartments
Sheffield Village Apartments & Townhomes
404 Glendale BlvdValparaiso, IN 46383
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Showing Results 1-13, Page 1 of 1
Valparaiso, IN Local Guide
Valparaiso Indiana Popcorn Festival by Chris Light is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Valparaiso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Valparaiso 1 Bedroom Apartments | $1,742 | $957 | $4,214 |
| Cheap Valparaiso 2 Bedroom Apartments | $1,999 | $1,095 | $5,105 |
| Cheap Valparaiso 3 Bedroom Apartments | $2,223 | $1,475 | $6,056 |
Browse Top Apartments in Valparaiso
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Valparaiso, IN Local Guide
- Valparaiso Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Valparaiso, IN
Pricing Updated: 03/27/2025Current 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 |
|---|---|---|---|
| Downtown Valparaiso | $1,657 | $975 | 4 |
| Banta | $1,795 | $957 | 1938 |
Cheapest Available Valparaiso Apartments for Rent
The cheapest available apartment rental in Valparaiso, IN is a 1 Bed unit found at Vale Park Village in the Banta neighborhood priced from $1,125. Andover Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Valparaiso apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vale Park Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,125 |
| Andover Park | 1 Bedroom, 1 Bath - Floor Plan A | 1BR,1BA | $1,125 |
| Uptown East | 1X1 S | 1BR,1BA | $1,249 |
| Golfview Apartments | G1B1B | 1BR,1BA | $1,275 |
| Preserve at Grande Oaks Apartment Homes | The Hyacinth | 1BR,1BA | $1,324 |
Best Value Apartments for Rent in Valparaiso, IN
As of March 27, 2025 the best value apartment in the Valparaiso area is the $1.39 price per square foot 3bedth Model at Covington Square in the in the Banta neighborhood starting from $1,660. The second greatest value Valparaiso apartment is the Two Bedroom 2 Bath Model at Hills of Aberdeen Apartment Homes starting at $1,715 with a $1.47 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. |
|---|---|---|---|
| Covington Square | 3bedth | 3BR,1.5BA | $1.39 |
| Hills of Aberdeen Apartment Homes | Two Bedroom 2 Bath | 2BR,2BA | $1.47 |
| 706 Chicago St, Unit #1 | 706 Chicago St | 2BR,1BA | $1.17 |
| Vale Park Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.43 |
| The Lakes of Valparaiso | B2 | 1BR,1BA | $2.14 |
| Preserve at Grande Oaks Apartment Homes | The Hyacinth | 1BR,1BA | $1.83 |
| Uptown East | 1X1 D | 1BR,1BA | $2.37 |
| Andover Park | 1 Bedroom, 1 Bath - Floor Plan B | 1BR,1BA | $1.78 |
| Golfview Apartments | G1B1B | 1BR,1BA | $2.08 |
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Best Local Schools in Valparaiso, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Valparaiso, IN Rentals by Map
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Valparaiso, IN Apartments MapValparaiso, IN Rental Homes MapGetting Around Valparaiso, IN
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
12 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Valparaiso Apartments
How much is rent for a Cheap One Bedroom Valparaiso Apartment?
The lowest price for a Cheap One Bedroom Valparaiso Apartment is $1,125 at Vale Park Village.
What is the lowest price for a Cheap Two Bedroom Valparaiso Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Valparaiso is starting from $1,302 at Andover Park.
What is the most affordable Valparaiso Three Bedroom Apartment?
The best deal on a cheap Valparaiso Three Bedroom Apartment rental is at Covington Square and starts from $1,660.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.