Cheap Apartments for Rent in Ellettsville, IN from $300 (62 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Ellettsville.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
7 Ten
$1,225 - $2,060
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $2,060
Total Monthly Price
$1,225 - $2,060
1 to 2 Bedroom Apartments Contact Us For Availability

7 Ten

710 N College AveBloomington, IN 47404
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Governor Park Apartments
1 to 2 Bedroom Apartments

Governor Park Apartments

4750 N Lenzy WayBloomington, IN 47404
Senior Living
  • Utilities Included
close
View Me
115 N Washington St
1 to 3 Bedroom Apartments

115 N Washington St

115 N Washington StBloomington, IN 47404
Student Housing

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
Showing Results 1-50, Page 1 of 2

Ellettsville, IN Local Guide

Cheapest Available Ellettsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ellettsville, IN is a 4 Beds unit found at 501 N Walnut St in the Downtown Bloomington IN neighborhood priced from $699. Woodland Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Ellettsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
501 N Walnut St501 N. Walnut - Luxury Apartments - 4 Bed/3 Bath!4BR,3BA$699
Woodland Springs1 Bedroom1BR,1BA$725
3 SquareBStudio,1BA$750
Park North ApartmentsPark North Renovated - 240SF - AVAILABLE NOW!Studio,1BA$750
Acadia CourtStudioStudio,1BA$760
Northcrest1 Bedroom1BR,1BA$800
Sunflower Place - Full Unit for RentOne Bed1BR,1BA$820
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Summit PointeWoodland1BR,1BA$850
Union at Crescent1 Bed 1 Bath1BR,1BA$866

Best Value Apartments for Rent in Ellettsville, IN and Nearby

As of August 15, 2026 the best value apartment in the Ellettsville area is the $0.38 price per square foot 501 N. Walnut - Luxury Apartments - 4 Bed/3 Bath! Model at 501 N Walnut St in the in the Downtown Bloomington IN neighborhood starting from $699. The second greatest value Ellettsville apartment is the 3 Bed 1 Bath Model at Big Red Apartments starting at $1,399 with a $1.37 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Ellettsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
501 N Walnut St501 N. Walnut - Luxury Apartments - 4 Bed/3 Bath!4BR,3BA$0.38
Big Red Apartments3 Bed 1 Bath3BR,1BA$1.37
Hidden Hills at Oakdale2 Bedroom2BR,1BA$1.32
The Stratum at Indiana2x22BR,2BA$0.86
Woodland Springs1 Bedroom1BR,1BA$0.98
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.32
Woodington Management PropertiesWillowbrook2BR,1BA$1.50
Union at Crescent1 Bed 1 Bath1BR,1BA$1.28
Summit PointeRivers Edge1BR,1BA$1.37
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.28

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ellettsville, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Ellettsville, IN

View Map
Ellettsville, IN Apartments Map
View Map
Ellettsville, IN Rental Homes Map

Frequently Asked Questions about Cheap Ellettsville Apartments

What is the Cheapest Studio apartment in Ellettsville?

Currently the most affordable Cheap Studio Apartment in Ellettsville is at 3 Square listed at $750.

How much is rent for a Cheap One Bedroom Ellettsville Apartment?

The lowest price for a Cheap One Bedroom Ellettsville Apartment is $725 at Woodington Management Properties.

What is the lowest price for a Cheap Two Bedroom Ellettsville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ellettsville is starting from $775 at Woodland Springs.

What is the most affordable Ellettsville Three Bedroom Apartment?

The best deal on a cheap Ellettsville Three Bedroom Apartment rental is at Woodland Springs and starts from $900.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.