Apartments for Rent in Valparaiso, IN

Prices and availability in Valparaiso, IN were last updated on 24 Oct 2026.

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

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

The price range for a studio apartment in Valparaiso, IN is between $590 and $1,550.

The price range for a 1-bedroom apartment in Valparaiso, IN is between $567 and $4,186.

The price range for a 2-bedroom apartment in Valparaiso, IN is between $924 and $5,231.

The price range for a 3-bedroom apartment in Valparaiso, IN is between $1,308 and $7,332.

In Valparaiso 42% of the housing is rented out compared to 58% of homes are owned, according to the most recent Census Bureau estimates. 5% of Valparaiso's apartments are found in large buildings of 50 units or more, 79% are located in smaller apartment complexes with less than 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.

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.