Cheap Apartments for Rent in Valparaiso, IN
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SENIOR HOUSINGPET FRIENDLY$1,199 - $1,633/mo
1-3 Beds
1-2 BathsWilliamsburg Valparaiso | 2810 Winchester Dr,
Valparaiso, IN 46383
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PET FRIENDLY$1,290 - $1,345/mo2 Beds2 BathsHampton Park/ Sheffield Village Apartments&Townhomes | 1026 Hampton Ct,
Valparaiso, IN 46383
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PET FRIENDLY$1,374 - $1,697/mo1-2 Beds1-2 BathsPreserve at Grande Oaks Apartment Homes | 1302 Eisenhower Ave,
Valparaiso, IN 46383
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Average Rent Trends in Valparaiso, IN
Rent in Valparaiso, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,460 |
| Dec 2025 | $1,395 |
| Jan 2026 | $1,453 |
| Feb 2026 | $1,375 |
| Mar 2026 | $1,400 |
| Apr 2026 | $1,450 |
| May 2026 | $1,613 |
| Jun 2026 | $1,519 |
| Jul 2026 | $1,417 |
| Aug 2026 | $1,395 |
| Sep 2026 | $1,395 |
| Oct 2026 | $1,440 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,199 | $1,453 | $1,874 | $2,100 | $1,453 |
| Townhomes | — | — | $2,100 | $2,100 | $2,100 |
| Apartments and Condos | $1,000 | $1,400 | $2,575 | $1,800 | $1,300 |
| Houses | $650 | $1,595 | $1,595 | $4,300 | $1,695 |
Frequently Asked Questions about Rentals in Valparaiso, IN
- What is the average rent of an apartment in Valparaiso, IN?The average rent of an apartment in Valparaiso, IN is $1,350 per month. This is about 30% lower than the national average.
- What are the cheapest months to find an apartment to rent in Valparaiso, IN?Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,331 per month.
- How many cheap apartments are available in Valparaiso, IN?There are 43 apartments to rent that are cheaper than the city’s average rent of $1,453.
- When is the average rent most expensive in Valparaiso, IN?In the last year, the average rent in Valparaiso, IN was highest in Mar 2025 when it was $1,613 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Valparaiso, IN?The average rent of a 1 bedroom apartment in Valparaiso, IN is $1,199 per month. That is about $24 more than the cost of a studio apartment.
- What colleges and universities are in Valparaiso, IN?Colleges and universities in Valparaiso, IN include: Valparaiso University.
- What are some neighborhoods in Valparaiso, IN?Some neighborhoods in Valparaiso, IN include: South Haven, Shorewood Forest, Aberdeen, Salt Creek Commons, Sylvan Manor.
- What are some zip codes in Valparaiso, IN?
- What are some cities near Valparaiso, IN?Some nearby cities include: Boone Grove, Chesterton, Westville, Wanatah, Hobart. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Valparaiso, IN - 158 Rentas | Trulia