Cheap Apartments for Rent in Ellettsville, IN from $300 (57 Rentals)

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

property at 1040 Forest View Dr N

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 2 Bath Condo for Rent

Available Now

1040 Forest View Dr N

EllettsvilleIN47429

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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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7 Ten
Rent Specials
$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 Available Now

7 Ten

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Governor Park Apartments
1 to 2 Bedroom Apartments

Governor Park Apartments

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

115 N Washington St

115 N Washington StBloomington, IN 47404
Student Housing
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46 Flats
Studio to 2 Bedroom Apartments

46 Flats

4329 N Kemp RdBloomington, IN 47404
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iMansion
1 Bedroom Apartments

iMansion

604 N Smith RdBloomington, IN 47408
Student Housing
  • Utilities Included
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Beacon Hill
1 to 3 Bedroom Apartments

Beacon Hill

1660 W Bloomfield RdBloomington, IN 47403
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DunnPark Studios
Studio Apartments

DunnPark Studios

115 N Dunn StBloomington, IN 47408

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Ellettsville, IN Local Guide

Cheapest Available Ellettsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ellettsville, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $549. 3 Square in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Ellettsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Petite StudioStudio,1BA$549
3 SquareJStudio,1BA$750
Acadia CourtStudioStudio,1BA$760
CedargateStudio StandardStudio,1BA$760
Hub Bloomington4x2 Pod4BR,2BA$799
Northcrest1 Bedroom1BR,1BA$800
Park North ApartmentsPark North - Renovated Studio Apartments - AVAI...Studio,1BA$815
Woodland Springs1 Bedroom1BR,1BA$825
The Uptown ApartmentsHoliday1BR,1BA$905
Summit PointeWoodland1BR,1BA$950

Best Value Apartments for Rent in Ellettsville, IN and Nearby

As of April 29, 2026 the best value apartment in the Ellettsville area is the $1.17 price per square foot 3 Bedroom with a den Model at Stapleton in the in the Downtown Bloomington IN neighborhood starting from $1,875. The second greatest value Ellettsville apartment is the 5722 Vinca Court Model at 5722 Vinca Court, Unit 5722 starting at $1,750 with a $1.13 price per square foot . 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.
Stapleton3 Bedroom with a den3BR,2.5BA$1.17
5722 Vinca Court, Unit 57225722 Vinca Court3BR,2.5BA$1.13
Hidden Hills at Oakdale4 Bedroom TH4BR,2BA$1.35
The Park on Morton3x3 Balcony - Classic3BR,3BA$0.82
The Quarters BloomingtonA4 - 4x44BR,4BA$0.63
The EllisThe Ellis - 3 Bed/3 Bath - Per Bed Pricing! - L...3BR,3BA$1.04
Woodland Springs3 Bedroom3BR,1BA$1.19
LoftonLofton 2A - Sublease / Lease Release2BR,2BA$1.42
Big Red Apartments2 Bedroom August 20262BR,1BA$1.38
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.32

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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

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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 Vivo Living listed at $549.

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

The lowest price for a Cheap One Bedroom Ellettsville Apartment is $800 at Northcrest.

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 $850 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 Hub Bloomington and starts from $999.

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.