The Lakes of Valparaiso
1715 Lake Michigan Dr,
Valparaiso, IN 46383
$1,400 - $8,329
1-3 Beds
Valparaiso
Valparaiso, IN Area Guide
Valpo truly has something for everyone
Vibrant
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College Town
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Suburban
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Artistic
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Family-Friendly
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Welcoming
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Convenient
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Dynamic
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Located in Northern Indiana, just one hour south of Chicago, Valparaiso hosts tons of popular events like the Popcorn Fest, Central Park Plaza Market, Summer Rhapsody Music Festival, Valpo Brewfest, and Holly Days. The popularity of these events is a testament to the strong sense of community in Valparaiso, known simply as Valpo to residents.
Valpo features something for everyone. Culture enthusiasts enjoy performances at the Memorial Opera House and Chicago Street Theatre. Beer fans rejoice at Four Fathers Brewing and Ironwood Brewing. Academics find a home in Valparaiso University. The young and the young at heart seek thrills at Zao Island. Golfers practice their game at Creekside and Forest Park golf courses. Nature lovers bask in the beauty of Taltree Arboretum and Gardens in addition to nearby Indiana Dunes National Lakeshore.
Rent Trends
As of March 2026, the average apartment rent in Valparaiso, IN is $939 for a studio, $1,235 for one bedroom, $1,390 for two bedrooms, and $1,823 for three bedrooms. Apartment rent in Valparaiso has decreased by -1.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,235/month
737 Sq Ft
House
$2,164/month
1,684 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Valparaiso, IN is for everyday living.
Car-Dependent
38
/ 100
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
12
/ 100
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
40
/ 100
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Scores provided by Walk Score
Schools
Public
Grades K-5
Union Center Elementary School
Public
Grades K-5
Public
Grades K-5
Public
Grades K-5
Public
Grades K-5
Washington Twp Middle/High School
Public
Grades 6-12
Morgan Township Middle/High School
Public
Grades 6-12
Benjamin Franklin Middle School
Public
Grades 6-8
Thomas Jefferson Middle School
Public
Grades 6-8
Public
Grades 6-8
Public
Grades 9-12
Public
Grades 9-12
Washington Twp Middle/High School
Public
Grades 6-12
Morgan Township Middle/High School
Public
Grades 6-12
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Ogden Gardens Park
- Sunset Hill Farm County Park
- Taltree Arboretum & Gardens
- Coffee Creek Watershed Preserve
Top Apartments in Valparaiso
Houses for Rent in Valparaiso
Property Management Companies in Valparaiso, IN
IGC Residential Property Management
-
27
Communities
-
3,569
Units
-
18
Cities
3 Communities in Valparaiso
Bayshore Properties
-
20
Communities
-
7,902
Units
-
17
Cities
2 Communities in Valparaiso
Morgan Properties
-
391
Communities
-
108,446
Units
-
239
Cities
1 Community in Valparaiso
Flaherty & Collins, Inc
-
56
Communities
-
13,563
Units
-
40
Cities
1 Community in Valparaiso
Axiom Properties
-
31
Communities
-
6,663
Units
-
22
Cities
1 Community in Valparaiso
Gene B. Glick Company
-
37
Communities
-
9,216
Units
-
21
Cities
1 Community in Valparaiso
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.