Cheap Homes for Rent in Ellettsville, IN from $800 (15 Rentals)

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

property at 5217 Raubs Ln

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

5217 Raubs Ln

BloomingtonIN47404

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.

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

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.

Ellettsville, IN Local Guide

Cheapest Available Ellettsville Apartments for Rent

 

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. Park North Apartments in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. 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
Park North ApartmentsPARK NORTH STUDIO APARTMENTS - AVAILABLE JANUAR...Studio,1BA$675
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
3 SquareJStudio,1BA$750
Acadia CourtStudioStudio,1BA$760

Best Value Apartments for Rent in Ellettsville, IN

As of April 12, 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
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
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.32
Summit PointeRivers Edge1BR,1BA$1.60
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.63

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.

Read Article
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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 Ellettsville

What type of rentals are currently available in Ellettsville?

There are currently 77 Apartments for Rent in Ellettsville, IN with pricing that ranges from $549 to $5,500. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ellettsville ranging from $895 to $7,000.

What is the current price range for Rental Homes in Ellettsville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ellettsville ranges from $895 to $7,000 with an average monthly rent of $2,676.

How much are larger Three and Four Bedroom Rentals in Ellettsville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ellettsville range from $885 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $785.

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 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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.