Apartments for Rent in Valparaiso, IN

Prices and availability in Valparaiso, IN were last updated on 14 Jul 2026.

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

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 $1,172 and $4,047.

The price range for a 2-bedroom apartment in Valparaiso, IN is between $1,223 and $6,279.

The price range for a 3-bedroom apartment in Valparaiso, IN is between $1,270 and $7,966.

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 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.