Apartments Under $500 in Bloomington, IN

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3D Tour
$499 - 569
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1.4
500 S Park Ridge Rd. Bloomington, IN
3 BR | Ask for Availability
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Furnished
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6
$495
Bloomington, IN
1 BR | Available Now
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House
Air Conditioning
1
$495
Bloomington, IN
Studio | Available Now
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$485
Bloomington, IN
1 BR | Available Now
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Apartments Under $500 in Bloomington, IN: December Rental Information

Welcome to the December 2024 Bloomington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Bloomington rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Bloomington and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $500 in Bloomington.

Rentable's monthly report aims to provide you with comprehensive and up-to-date information to help you navigate the Bloomington rental market and make informed decisions about your next apartment. Whether you are a student searching for an affordable rental close to campus or a young professional looking for budget-friendly options in the area, this report will give you a snapshot of the current rental landscape in Bloomington.
0 10 20 30 40 <$800 $840 $920 $1,000 $1,080 $1,160 $1,240 $1,320 $1,400 $1,480 $1,560 $1,640 $1,720 >$1,800
This month, the typical cost to rent a one-bedroom apartment in Bloomington stands at $1,190, with the majority falling between $750 and $1,780. Out of the 2,666 one-bedroom apartments currently on the market in Bloomington, 4 are priced below $500, accounting for 0% of the total available one-bedroom units in Bloomington.

Available Apartments Under $500: Bloomington vs. Surrounding Areas

Bloomington, IN
31
The chart above provides an overview of the number of available apartments under $500 in the Bloomington, IN metro area as of December 2024. It includes data for Bloomington, IN as well as several surrounding cities, such as Bedford, Ellettsville, Nashville, Martinsville, Worthington, Bloomfield, Switz City, Spencer, Gosport, and Worland. Currently, the total inventory of affordable apartments in this area stands at 31. This information is particularly valuable for those seeking budget-friendly rental options in and around Bloomington, IN.

Apartments Under $500 Now vs. Last Month: Bloomington and Surrounding Areas

City Apartments Under $500 in December M/M % Change
Bloomington, IN 31 +1.07%
Ellettsville, IN 1 +1.0%

Looking for Apartments Under $500 in Bloomington?

Available apartments under $500 92
Top amenities Dishwasher, Refrigerator, Range / Oven, Off Street Parking, Near Campus
Deals 1
Pet friendly 14
Utilities included 3
1 Bedroom 12
2 Bedroom 7
5 Bedroom 9