19 Hours Ago
Highlights
- Remodeled
- New flooring
- Common area washer/dryer on site
- Remodeled bathroom
Location
405 Monroe St, Valparaiso, IN 46383, USA
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Property Overview
405 Monroe Street is rated highly overall, with strong marks for price, location, amenities, and trustworthiness, suggesting solid value and convenience for renters. It also stands out for remodeled interiors, new flooring, a remodeled bathroom, on-site common area washer/dryer, extensive photo coverage, and a value-for-money score that ranks well above many nearby properties.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
- Images Available
Floor plans
| 405 Monroe Street - 9 | 1 bed | 1 bath | 500 sqft | $925 /mo | Available early July 2026! LOCATION!!! Updated Flooring, UPDATED KITCHEN CABINETS, appliances and GRANITE countertops. UPDATED Bathroom VANITY & Plumbing Fixtures! On the corner of Monroe & Locust...just a few blocks from downtown Valpo! Beautiful brick-paved courtyard! This 1-bedroom apartment is located on the 2nd floor. All appliances (Fridge, Oven) are included. Common area Washer/Dryer on site. Tenant responsible for Electric (NIPSCO). In addition to rent, Tenant pays an additional $40/month for Water/Trash/Sewer. Up to 2 cats allowed for additional monthly fee. Lease-Signing Admin Fee ($95) paid by Tenant. Please include 2-most recent pay-stubs with application. $40 non-refundable credit/criminal/eviction check fee. Apply at: rose-re. com | ||
| 405 Monroe Street - 25 | 2 bed | 1 bath | 950 sqft | $1,125 /mo | REMODELED & Available early August 2026! 2-Bedroom, 1-Bathroom Apartment w/ UPDATED Luxury Vinyl Flooring throughout! Gorgeous, updated lighting and plumbing fixtures! Lots of closet space. Fridge and Oven are included. Tenant responsible for Gas/Electric (NIPSCO). Common area Washer/Dryer. In addition to rent, Tenant pays an additional $40/month for Water/Trash/Sewer. Up to 2 cats allowed for additional monthly fee. Lease-Signing Admin Fee ($95). Please include 2-most recent pay-stubs with application. rose-re. com to apply! | ||
| 405 Monroe Street - 26 | 2 bed | 1 bath | 800 sqft | $1,175 /mo | REMODELED & Available early July 2026! 2-bed, 1-bath features all new flooring, fresh paint, new kitchen countertops, kitchen hardware, plumbing fixtures and light fixtures. TALL CEILINGS! On the corner of Monroe & Locust...just a few blocks from downtown Valpo! Beautiful brick-paved courtyard! This 2-bedroom apartment is located on the 2nd floor. All appliances (Fridge, Oven) are included. Common area Washer/Dryer on site. Tenant responsible for Gas (NIPSCO). In addition to rent, Tenant pays an additional $40/month for Water/Trash/Sewer. Up to 2 cats allowed for an additional monthly fee. Lease-Signing Admin Fee ($95) paid by Tenant. Please include 2-most recent pay-stubs with application. $50 non-refundable credit/criminal/eviction check fee. Apply at: rose-re. com |
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Policies and fees
Applicants
Application Fee
Per-applicant. Agent application fee.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 405 Monroe Street
REMODELED & Available early August 2026! 2-Bedroom, 1-Bathroom Apartment w/ UPDATED Luxury Vinyl Flooring throughout! Gorgeous, updated lighting and plumbing fixtures! Lots of closet space. Fridge and Oven are included. Tenant responsible for Gas/Electric (NIPSCO). Common area Washer/Dryer. In addition to rent, Tenant pays an additional $40/month for Water/Trash/Sewer. Up to 2 cats allowed for additional monthly fee. Lease-Signing Admin Fee ($95). Please include 2-most recent pay-stubs with application. rose-re. com to apply!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 405 Monroe Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 405 Monroe Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
405 Monroe Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 405 Monroe Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
405 Monroe Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 405 Monroe Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 405 Monroe Street compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
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Rent trends in Valparaiso
1-bedroom apartments here are priced 18% lower than 1-bedrooms in Valparaiso.
If you decide to upgrade your space, you can expect 2-bedrooms at 405 Monroe Street to be 15% less than the average for similarly sized apartments in Valparaiso.
Median rents as of Jun 13 2026.
Valparaiso
| Month | Median Rent |
|---|---|
| June 2024 | $950 |
| July 2024 | $894 |
| August 2024 | $915 |
| September 2024 | $928 |
| November 2024 | $925 |
| December 2024 | $981 |
| January 2025 | $1,000 |
| April 2025 | $825 |
| May 2025 | $846 |
| June 2025 | $889 |
| July 2025 | $896 |
| August 2025 | $984 |
| September 2025 | $969 |
| December 2025 | $950 |
| January 2026 | $922 |
| February 2026 | $937 |
| March 2026 | $975 |
| April 2026 | $948 |
| May 2026 | $937 |
| June 2026 | $895 |
Affordability calculator
Can I afford to live at 405 Monroe St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.
Schools near 405 Monroe Street
Heavilin Elementary School
2450 heavilin rd
valparaiso, IN, 46383
K-5Public
A
Central Elementary School
653 hayes leonard rd
valparaiso, IN, 46385
K-5Public
A
Trojan Virtual Academy
601 w morgan ave
chesterton, IN, 46304
K-12Public
Golden Bear Preschool
1115 e state rd 44
shelbyville, IN, 46176
PK, KPublic
Gary Virtual Academy
1800 e 35th ave
gary, IN, 46409
K-12Public
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Internet available near 405 Monroe Street
Neighborhood
Getting around Valparaiso near 405 Monroe St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 405 Monroe St, Valparaiso
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 405 Monroe St
Hilltop Pantry
604 Monroe St
El Sabor Poblano Fresh Market
902 Calumet Ave
El Solto Grocery
1708 Lincolnway
Town & Country
1605 Calumet Ave
Walmart Supercenter
2400 Morthland Dr
Catherine's Bridal Boutique
113 Lincolnway
Presbyterian Resale Shop
7 Lincolnway
Edie Boutique
1 Lincolnway
Silcotts LLC
18 Washington St
Bangles
7 Washington St
Fluid Coffee
159 Lincolnway
Roots Market Cafe
108 Lincolnway
Fluid Coffeebar Plus Bosco STR
260 Franklin St
Fluid Coffee Roasters
260 Franklin St
Spice & Tea Exchange
161 Lincolnway
Buffalo Wild Wings
212 Lincolnway
Stacks Bar & Grill
175 Lincolnway
Parea
69 Franklin St
Washington St Tap Room
11 Washington St
Pikk's Tavern
62 Lincolnway
Belle Estanni Bake Shoppe
66 Lincolnway
Old World Market
76 Washington St
Designer Desserts
56 Lincolnway
Bao's Pastry
12 Jefferson St
Spice & Tea Exchange
161 Lincolnway
Will Park
Playground
The Rotary Library Garden
Central Park
Mound Street Park
Pat's Ice Cream Parlor
222 Lincolnway
Tony's
218 Lincolnway
Buffalo Wild Wings
212 Lincolnway
D J Limited
706 1/2 Lincolnway
Main & Lincoln
210 Lincolnway
Indiana / Locust
V-Line Green Route, V-Line Brown Route
Indiana / College
V-Line Green Route, V-Line Brown Route
Indiana / Valparaiso
V-Line Brown Route, V-Line Green Route
Morgan / Indiana
V-Line Brown Route
Lincolnway / Valparaiso
V-Line Yellow Route, V-Line Green Route
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