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Apartments for Rent in Valparaiso, IN under $1500

55 Rentals Available
Apartments for Rent in Valparaiso, IN under $1500. 55 Rentals Available
  • a living room with a couch and a coffee table
    Today

    247 Marcliffe Drive, Valparaiso, IN 4638
    1 BED $1,495+
  • a living room with a kitchen and a couch and a table
    Today

    1715 Lake Michigan Drive, Valparaiso, IN 46383
    1 BED Ask for Pricing
  • a living room with leather furniture and a fireplace
    Today

    2810 Winchester Drive, Valparaiso, IN 46383
    1 BED Ask for Pricing
    2 BEDS $1,385+
  • a living room with a couch and a kitchen
    Today

    907 Vale Park Rd, Valparaiso, IN 46383
    STUDIO Ask for Pricing
    1 BED $1,325
    2 BEDS Ask for Pricing

  • More Rentals Near Valparaiso, IN

  • a living room and dining room with a table and chairs
    Today

    3471 Sunnyside Drive, Portage, IN 46368
    1 BED $1,310+
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  • a sign at the front of a building with flowers
    Today

    3300 DENISE DRIVE, PORTAGE, IN 46368
    1 BED $945
    2 BEDS $1,075+
    3 BEDS $905
  • a living room with a couch and a bar and a television
    Today

    2540 Promenade Way Suite 1, Portage, IN 46368
    STUDIO Ask for Pricing
    1 BED $1,305
  • a living room with two chairs and a table
    Today

    51 West 10Th Street, Hobart, IN 46342
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with couches and chairs and a table
    Today

    402 W 14Th St, Hobart, IN 46342
    1 BED $909
    2 BEDS Ask for Pricing
  • a living room with couches and chairs and a tv
    Today

    333 Neringa Lane, Hobart, IN 46342
    1 BED $1,046+
    2 BEDS $1,259+
    3 BEDS Ask for Pricing
  • this is a picture of the front of a house
    Today

    2204 Wells St, Lake Station, IN 46405
    1 BED $850
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  • a house and a car parked in a yard
    Today

    2198 Wells St., Lake Station, IN 46307
    2 BEDS $1,150
  • the front of a white house with a black fence
    Today

    2182 Wells St, Lake Station, IN 46405
    2 BEDS $1,250
  • a kitchen with white cabinets and a white refrigerator
    Today

    400 N. Lake Park Ave, Hobart, IN 46342
    1 BED $1,138+
    2 BEDS $1,335+
  • a tree in front of a brick apartment building
    Today

    436 WASHINGTON ST, HOBART, IN 46342
    1 BED $850
    2 BEDS $1,000
  • a building with a fire hydrant in the grass
    Today

    432 WASHINGTON ST, HOBART, IN 46342
    1 BED $755
    2 BEDS $1,000
  • a living room with a couch and a large window
    Today

    7931 Iowa Street, Hobart, IN 46342
    Income Restricted
    1 BED $1,027
  • a living room with a kitchen and a couch
    Today

    2040 East 84Th Street, Merrillville, IN 46410
    1 BED $1,172+
    2 BEDS $1,463+
  • a living room and dining room with blue walls and white furniture
    Today

    9310 Monroe Street, Crown Point, IN 46307
    1 BED $1,466+
  • a living room with a table and chairs and a fireplace
    Today

    350 Fayette Street, Gary, IN 46403-2948
    Income Restricted
    1 BED $660
    2 BEDS $1,140+
    3 BEDS $1,339+
  • a large living room with a table and a chandelier
    Today

    9000 Lincoln Street, Merrillville, IN 46410
    1 BED $1,366+
    2 BEDS $1,498+
  • a kitchen with marble counter tops and white appliances and wooden cabinets
    Today

    1240 W. 52Nd St., Merrillville, IN 46410
    STUDIO $825
    1 BED $1,005
    2 BEDS $1,100
  • a rendering of a living room with a tv and a kitchen

    9123 Cleveland Street, Merrillville, IN 46410
    1 BED Ask for Pricing
    2 BEDS $1,240+
  • the living room and dining room of a apartment with a table and chairs
    Today

    9123 Cleveland Street, Merrillville, IN 46410
    1 BED $1,326+
  • the living room and dining room of a apartment with a table and chairs
    Today

    9123 Cleveland Street, Merrillville, IN 46410
    1 BED $1,326+
4-21-city
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Getting around in Valparaiso, IN

55 /100
Somewhat Walkable
23 /100
Minimal Transit
49 /100
Somewhat Bikeable
Walk Score®: 55, Transit Score®: 23, Bike Score®: 49

Frequently asked questions

When were prices and availability in Valparaiso, IN last updated?

Prices and availability in Valparaiso, IN were last updated on 27 Feb 2026.

What are the best apartments in Valparaiso, IN?

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

What type of rental buildings are in Valparaiso, IN?

In Valparaiso, 41% of the residents are renting compared to 59% 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, 81% are small-scale complexes with under 50 units, and 13% are single-family rentals.

Renting apartments in Valparaiso, IN under $1,500

Searching for apartments for rent in Valparaiso, IN under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Valparaiso, IN, where the average rent is $1,422 per month, there are 55 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Valparaiso, IN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Valparaiso, IN going for $660 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!