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Homes for Rent in Valparaiso, IN

1-15 of 15 rentals

Townhouse for rent at 1710 Vale Park Rd, Valparaiso, IN 46383

Updated - today

Managed by Covington Square

$1,325 - $1,710

Townhouse2-3 Beds1-1.5 Baths911-1,198 ft²

1710 Vale Park Rd

Valparaiso, IN 46383

Serenity takes on a new meaning at Covington Square. We are a quiet community consisting of comfortable homes, thoughtful amenities and friendly staff. Our spacious one and two-bedroom apartments and 3 bedroom townhomes feature exclusive community and household amenities that make Covington Square feel like home. Move In Special. $500 off the first month's rent with a 12-month lease on select homes. Move in by 07/31/2025. Premium Interior Doors, Cs 1dr Remod, Cs Privacy V, Cs PaintTrim, 3bd Th Remodel, Cs 2bd Remod, Cs Plank & Cs First Floor. Pet Friendly.

Featured

Managed by Pmi Nwi

$825

Apartment1 Bed1 Bath

602 Indiana Ave #2W

Valparaiso, IN 46383

Prospective tenants are Not Required To Pay 3rd Party Application fees. Please Submit Any Questions Through The Request A Tour, Check Availability or other contact options provided. Welcome to this inviting 1-bedroom, 1-bath apartment in the heart of Valparaiso. The spacious living room features a charming decorative fireplace (not for use), adding character and a cozy touch-perfect for relaxing or entertaining. The bedroom is bright and comfortable and the layout offers a smooth flow for everyday living. Just minutes from downtown Valparaiso, you'll be close to unique shops, great restaurants and lively community events.

Managed by Viewpointe Apartment Homes

$1,033 - $1,146

Apartment1-2 Beds1 Bath675-910 ft²

201 Sturdy Rd

Valparaiso, IN 46383

We are perfectly located within 2 minutes from all the exciting new shops on Rte. 2 and within walking distance to Valparaiso University. Heating paid in select units. Enjoy meticulously maintained grounds, friendly staff and award winning service. Laundry Facilities & Public Transportation.

Featured

Managed by Avery Glen Apartment Homes

$1,017 - $1,162

Apartment1-2 Beds1 Bath750-1,000 ft²

500 Glendale Blvd

Valparaiso, IN 46383

Meticulously upgraded 1 and 2 bedroom apartment homes. Only 6 minutes to Sr 49 bypass. Wonderful, walkable to shopping, schools location in residential neighborhood. Close to Valplayso park. Laundry Facilities, Grill & Playground. Pet Friendly.

House for rent at 734 Acadia Rd, Valparaiso, IN 46385

Managed by Calibrate

$1,800

House3 Beds1 Bath1,344 ft²

734 Acadia Rd

Valparaiso, IN 46385

You will love this 3 bedroom / 1 bathroom home in the South Haven neighborhood. This home features side by side washer & dryer, dishwasher, fresh paint & floors and lots of storage. A nice large kitchen can fit a small dining table. There is storage space all around with a mud room, garage and separate storage shed. 1 month security deposit. No pets preferred. Refrigerator, Dishwasher, Stove/Oven Range, Washer & Dryer.

House for rent at 1312 Redwing Rd, Valparaiso, IN 46383

Updated - 3 days ago

Managed by Prestige Management

$1,800

House3 Beds2 Baths1,431 ft²

1312 Redwing Rd

Valparaiso, IN 46383

Monday, August 4th 6-6:30pm. Welcome to this charming 3-bedroom, 2-bathroom home in Valparaiso, IN. This cozy house features stainless steel appliances, a washer and dryer and a fireplace for those chilly nights. With covered parking, you can protect your vehicle from the elements. The large walk-in closet offers ample storage space for all your belongings. Located close to the beach, this home offers the perfect blend of comfort and convenience. Don't miss out on the opportunity to make this house your new home. Prestige Management is one of the top ranked management companies in Nwi.

House for rent at 380 Lahonda Dr, Valparaiso, IN 46385

Updated - yesterday

Managed by Kristina

$1,595

House3 Beds1 Bath960 ft²

380 Lahonda Dr

Valparaiso, IN 46385

Prospective tenants are Not Required To Pay 3rd Party Application fees. Please Submit Any Questions Through The Request A Tour, Check Availability or other contact options provided. Welcome to 380 Lahonda Drive-a 3-bedroom, 1-bath ranch offering comfortable living in a desirable South Haven location. This home features 960 square feet, including an updated interior and a spacious back deck perfect for relaxing or entertaining. Enjoy the benefits of an oversized 2-car detached garage, providing ample storage and workspace. The home sits on a generous lot, giving you room to enjoy the peaceful, country-like setting.

Apartment for rent at 1405-11 E Chicago St, Valparaiso, IN 46383

Updated - yesterday

Managed by Crest Capital Management

$1,295

Apartment2 Beds1.5 Baths

1405-11 E Chicago St

Valparaiso, IN 46383

Welcome to Villa Moderne Llc, presented by Crest Capital Management. We have several units available for lease. For more information and to schedule a showing, please contact us.

Managed by Greater Property Solutions

$1,350

House2 Beds1 Bath

307 Washington St #B

Valparaiso, IN 46383

Cute as can be and move in ready. This spacious unit will impress you with the amount of space and the charm. Two bedroom unit. Large eat-in kitchen and modern updated bath. Conveniently located just blocks from downtown Valparaiso and all it has to offer. On-site laundry and fantastic outdoor space are just a few of the additional perks. 2 car detached garage is available for an additional $250 per month. Rental Details: Security deposit and first full month's rent are required before move-in and key exchange. Tenant liability insurance is required. Tenant is responsible for all utilities.

House for rent at 366-1 Lahonda Dr, Valparaiso, IN 46385

Featured

Managed by Pmi Nwi

$1,995

House5 Beds2 Baths1,888 ft²

366-1 Lahonda Dr

Valparaiso, IN 46385

Prospective tenants are Not Required To Pay 3rd Party Application fees. Please Submit Any Questions Through The Request A Tour, Check Availability or other contact options provided. This 5-bedroom, 2-bathroom home in Valparaiso offers a well-designed layout perfect for comfortable living and room to grow. Thoughtfully spaced across the bi-level floor plan, offering privacy and flexibility. Functional and conveniently located on both levels. Ideal for gathering, entertaining or relaxing. A 1-car garage is great for parking or additional storage. Situated in a quiet Valparaiso neighborhood. Easy access to shopping, dining and major roadways.

Apartment for rent at 1302 Eisenhower Ave, Valparaiso, IN 46383

Managed by Preserve at Grande Oaks

$1,374 - $1,874

Apartment1-3 Beds1-2 Baths724-1,229 ft²

1302 Eisenhower Ave

Valparaiso, IN 46383

Welcome to Preserve at Grande Oaks Apartment Homes, presented by Preserve At Grande Oaks. We have several units available for lease. For more information and to schedule a showing, please contact us. Washer/Dryer, Pool, Fitness Center, Clubhouse & Handicap Access Apartment.

Managed by Cathy

$1,095

Apartment2 Beds1 Bath

156-364 Mayfield Ave #MAYFIELD Valpo 2 1

Valparaiso, IN 46383

The Mayfield Apartments are centrally located with close access to shopping, eateries, entertainment and Valparaiso University. (2) bedroom/(1) bath apartment available for rent now. Brand new stainless steel appliances. Updated bathroom. New flooring throughout. This is the best value in town for a renovated unit and there are 2 bed units available. Layouts, finishes and fixtures may vary but are very close to accurate. Ask the leasing agent for more details.

New - this week

Managed by Pete Poulos

$1,100

Apartment2 Beds1 Bath700 ft²

360 Locust St #1

Valparaiso, IN 46383

2 bedroom or 1 used as office space. 1 bath two story apartment with laundry and appliances. Bedrooms are small, this would be good for one person. Freshly painted and carpets in bedrooms. Nipsco, water and lawn care is included in the rent. First month and security deposit due at signing. Very close to downtown Valpo and VU. A non refundable background check is required. Water, Sewage, Garbage, Electricity, Gas, Carpet, Laminate, Forced Air, Dryer, Range Oven, Refrigerator, Washer, Cable Ready, Lawn, Near Parks, on Site Laundry, Washer Dryer Hookups & Wired For Internet. Deposit: $1,100.

Managed by Cathy

$1,095

Apartment2 Beds1 Bath

360 Mayfield Ave #D

Valparaiso, IN 46383

Mayfield Apartments is centrally located with close access to shopping, eateries, entertainment and Valparaiso University. (2) bedroom/(1) bath apartment available. Brand new stainless steel appliances. Updated bathroom. New flooring throughout. This is a must see. There are several 2 bed units available. Pictures are of a show unit. Layouts, finishes and fixtures may vary. Ask the leasing agent for details. Small Dogs Allowed, Cats Allowed, Cats ok & Dogs ok up to 25 lbs.

House for rent at 397 Briarwood Dr, Valparaiso, IN 46385

Featured

Managed by Pmi Nwi

$2,495

House4 Beds3 Baths2,056 ft²

397 Briarwood Dr

Valparaiso, IN 46385

Prospective tenants are Not Required To Pay 3rd Party Application fees. Please Submit Any Questions Through The Request A Tour, Check Availability or other contact options provided. This stunning 4-bedroom, 3-bathroom home in Valparaiso has been beautifully remodeled and is filled with stylish, modern touches throughout. 4 bedrooms spacious and filled with natural light. Primary bedroom with en suite private and thoughtfully designed for comfort. Updated light fixtures adds a modern and inviting feel throughout the home. Stainless steel appliances featured in the updated kitchen with plenty of storage. Fenced-in yard great for entertaining, pets or outdoor relaxation.

Viewing 1-15 of 15 rentals in Valparaiso

What to Know About

Life in Valparaiso & Beyond

Valparaiso shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Valparaiso, IN

As of August 2025, Valparaiso's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Valparaiso's average rent is 6.7% ($84) higher than the Indiana average of $1,247 and 25.6% ($459) lower than the U.S. average of $1,790.

Average Rent

$1,331

Monthly ChangeMonth Over Month Change

0.1% ($1)

Yearly ChangeYear Over Year Change

6.1% ($87)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,092	3.2% ($36)	3.1% ($33)
2 Beds	$1,334	1.4% ($18)	11.9% ($142)
3 Beds	$1,748	2.1% ($37)	11% ($173)

Nearby Cities	Average Rent	Avg. Rent vs. ValparaisoAverage Rent vs. Valparaiso	Avg. Days on MarketAverage Days on Market
Portage	$1,349	1.4% ($18)	30 days
Chesterton	$1,627	22.2% ($296)	29 days
Merrillville	$1,787	34.3% ($456)	27 days
Crown Point	$1,481	11.3% ($150)	24 days
Gary	$980	26.4% ($351)	22 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Valparaiso Rental Market FAQs

Explore rental prices, market trends, and availability in Valparaiso, IN.

What is the average rent in Valparaiso, IN?

The average rent in Valparaiso, IN is $1,331 per month.

What is the rental price range for homes in Valparaiso, IN?

Homes in Valparaiso typically rent for between $764 and $2,272 per month, with an average of $1,331 per month.

What is the average rent for different bedroom sizes in Valparaiso, IN?

In Valparaiso, the average rent for a 1-bedroom home is $1,092 per month, for a 2-bedroom home, $1,334 per month, and a 3-bedroom home is $1,748 per month.

How do rent prices in Valparaiso, IN compare with the national average?

The average rent in Valparaiso is 25.6% ($459) lower than the national average of $1,790 per month.

How have rent prices in Valparaiso, IN changed recently?

The average rent in Valparaiso has increased by 0.1% ($1) in the last month and decreased by 6.1% ($87) over the past year.

How competitive is the rental market in Valparaiso, IN?

The rental market in Valparaiso, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Valparaiso, IN?

In Valparaiso, IN, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Valparaiso, IN?

There are currently 15 rental properties available in Valparaiso, IN.

Can I afford to rent a home in Valparaiso, IN?

Based on the current averages, a household would need an annual income of $53,360 to comfortably afford a 2-bedroom home in Valparaiso.