Apartments for Rent in Valparaiso, IN

Prices and availability in Valparaiso, IN were last updated on 14 Sep 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 $775 and $4,170.

The price range for a 2-bedroom apartment in Valparaiso, IN is between $1,251 and $6,473.

The price range for a 3-bedroom apartment in Valparaiso, IN is between $1,250 and $7,631.

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 age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Valparaiso are about 36 years old, on average. Of these, 27% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Valparaiso are around 1% of rentals, while 1-bedroom floor plans represent 39% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 50% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.