Overview of Valparaiso
Situated just about 50 miles east of Chicago, Valparaiso features high-quality education, transportation and a thriving business community. The land and architecture is diverse in Valparaiso. Streets are lined with historic homes, while other blocks feature high-end, modern apartment complexes. Since Valparaiso isn’t far from Lake Michigan, residents find great recreation opportunities during the summer just down the street. The city is also home to many parks and open spaces.
Valparaiso apartments for rent are ideal for people that enjoy the many amenities a city has to offer as well as the quaint lifestyle of a small suburb. Home to high-quality education systems and various public events, Valparaiso is a great place to settle down with a family, begin a career or retire in. Over the past two decades, the population of Valparaiso has been on the steady incline. According to statistics from the U.S Census Bureau, nearly 32,000 people call Valparaiso home today.
Living in Valparaiso, IN
The first pioneers traveled through Valparaiso around 1670, although the first settler, French-Canadian Joseph Bailey didn’t arrive in the area until 1822. Bailey created a thriving fur post on Lake Michigan just 12 miles north of where Valparaiso is today. By 1832, the U.S. government purchased that piece of land from the Potawatomi Indians. Four years later, the state created a county line that separated LaPorte County from a new region called Porter County. That same year, commissioners were appointed and the city of Portersville was plotted. In 1837, the town was renamed Valparaiso. Because of the large amount of churches in the area, Valparaiso was called the City of Churches at the end of the 19th century.
The growth of Valparaiso was greatly impacted by new transportation. The Pittsburgh, Ft. Wayne and Chicago Railroad reached to the area and connected it to Gary, Indiana. The construction of major roads such as Interstates 94, 80, 90 and 65 allowed residents of the area to travel to many other areas of the Midwest. Over time, Valparaiso has become a thriving community with a laid-back attitude and city lifestyle.
Valparaiso Work and Study
Many apartments in Valparaiso are occupied by students who attend Valparaiso University. The school was founded in 1859, boasting a beautiful campus. Roughly 4,000 students attend the university each year, studying in one of the school’s five colleges with majors in arts, sciences, business administration, nursing and engineering. The school also offers graduate programs and a law school. Students may also attend Ivy Tech Community College, Purdue University or Indiana University Northwest.
Some of the top industries in Valparaiso include regional food distribution, agriculture and printing. The top employers in the city are Porter Health Systems, Valparaiso University, Valparaiso Community Schools, Family Express, Walmart and Opportunity Enterprises.
Rentals in Valparaiso, IN and Cost of Living
Living in Valparaiso is fairly inexpensive, especially considering the high quality of life in the city. According to Best Places, the overall cost of living is 6 points higher than the national average, food is 6 points higher and utilities are 1 point lower. Similarly, the average rental in Valparaiso is affordable for many lifestyles. According to statistics from the U.S. Census Bureau, the average cost of an apartment is $805. Those looking for rentals in the downtown center may have to pay slightly more for recreation and entertainment at their doorstep.
Valparaiso Attractions and Special Events
Throughout the seasons, residents of Valparaiso enjoy various events. Valpo Brewfest welcomes visitors to taste more than 125 different styles of beers from some of the best craft brewers in the country. This event even features some of Indiana’s best craft brews. Other exciting events include the Taste of Downtown, Summer Rhapsody Music Festival, The Great Downtown Tailgate, Winter Dazzle and Fall Harvest Festival.
To find a Valparaiso apartment or rental, check out our apartment listings. Rent.com® is happy to help you find your next home.