You can't get closer to the action - these brand-new penthouse apartments on Indiana Avenue are just steps from the IU Sample Gates, right in the heart of campus and Bloomington's best restaurants, coffee shops and local hotspots. These modern units feature brand new appliances, spacious bedrooms and in-unit washer & dryer. Thoughtfully designed layouts offer both comfort and style in one of the most walkable locations in town. Located directly on Indiana Avenue, you're less than a 5-minute walk to classes, the library and all your favorite Kirkwood spots. Washer & Dryer, Refrigerator, Dishwasher, Oven & Microwave.

RentalSource last checked: July 19, 2025 at 4:51 PM ET

Last updated: June 18, 2025 at 2:58 PM ET

Listed by: Cedarview Management - Bloomington, (812) 339-8777

Property Summary

Property Type:	Apartment
Rental Fee:	$2,496 - $3,450
Bedrooms:	2-3 beds
Bathrooms:	2-3 baths

Size:	888-1,284 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	81648700

Property Amenities

• Dishwasher

• Microwave

• Refrigerator

• Washer/Dryer In Unit

Unit Rates

Name	Beds	Baths	Sqft	Rent
2 Beds	2	2	1,065	$2,496
2 Beds	2	2	888	$2,596
3 Beds	3	3	1,284	$3,450

Additional Details

Apartments for rent in Bloomington for $2,496-$3,450 with 2-3 beds, 2-3 baths, 888-1,284 sqft and located at 116 S Indiana Ave in Bloomington, IN 47408. The averaged rental price of $2,973 is 86.3% ($1,377) higher than the average rent of $1,596 for apartments in Bloomington, IN and 88.2% ($1,393) higher than the average rent of $1,580 for apartments in Monroe County. 116 S Indiana Ave was advertised by Cedarview Management - Bloomington on June 18, 2025 at 9:09 AM ET and last checked yesterday at 4:51 PM ET.

Affordability Calculator

Can I afford to live at 116 S Indiana Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$99,840 /year

With your chosen rent-to-income ratio, an annual income of $99,840 is recommended to comfortably afford this 2-bedroom rental priced at $2,496 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$2,496 - $3,450

Rent Affordability Calculator

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Property managed by:

Cedarview Management - Bloomington
(812) 339-8777

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