Apartments for Rent in Valparaiso, IN

Prices and availability in Valparaiso, IN were last updated on 4 Oct 2026.

The best apartments in Valparaiso, IN are: Hills of Aberdeen Apartment Homes, The Linc Valpo, Vale Park Village, The Lakes of Valparaiso and Golfview Apartments.

The average rent in Valparaiso, IN is $1,361.

The price range for a studio apartment in Valparaiso, IN is between $567 and $1,575.

The price range for a 1-bedroom apartment in Valparaiso, IN is between $750 and $3,720.

The price range for a 2-bedroom apartment in Valparaiso, IN is between $1,295 and $6,532.

The price range for a 3-bedroom apartment in Valparaiso, IN is between $1,295 and $7,147.

In Valparaiso, 42% of the residents are renting compared to 58% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of Valparaiso's rentals, 79% are small-scale complexes with under 50 units, and 15% are single-family rentals.

The average age of rental buildings in Valparaiso is 36 years old, with 27% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Valparaiso come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 39% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Valparaiso. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.