
Cheap Apartments for Rent in Freedom, IN from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Freedom.


Lofton

Woodington Management Properties

KINGSTON RIDGE APARTMENTS

Woodland Springs

Hub Bloomington

326 W Kenwood Dr

Northcrest

Canadian Apartments
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.

The Annex of Bloomington

Sunflower Place - Full for Rent

Basswood Apartments

Union at Crescent

Summit Pointe

The Uptown Apartments

The Crossing at Pete Ellis

MOONBURN ON MORTON

Forest Ridge
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.

Walnut Springs

Echo Park

Fountain Park Apartments

Alleyworks

Big Red Apartments

Adams Village | Specials Available

Total Monthly Price
7 Ten

Hidden Hills at Oakdale

Steeplechase Apartments
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.

Westgate on Third

The Mercury

Cedargate

Acadia Court

115 N Washington St

207 Lincoln Dr

1021 E Main St

College Square Apartments

301 Crist St
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.

5 N Fourth St

DunnPark Studios

7731 St Rd

Beacon Hill

310 Wynndale Dr

Waters Edge Apartments Bloomington

1383 W Allen St

1003 W 11th St

726 W 6th St
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.
Freedom, IN Local Guide

How much does it cost to rent an apartment in Freedom?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Freedom Studio Apartments | $1,175 | $549 | $1,659 |
| Freedom 1 Bedroom Apartments | $1,475 | $700 | $2,291 |
| Freedom 2 Bedroom Apartments | $1,577 | $825 | $3,041 |
| Freedom 3 Bedroom Apartments | $1,613 | $835 | $3,300 |
| Freedom 4 Bedroom Apartments | $1,304 | $785 | $4,400 |
Browse Top Apartments in Freedom
See all Apartments in FreedomExplore Freedom
Freedom, IN Local Guide
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Cheapest Available Freedom Apartments for Rent and Nearby
 The cheapest available apartment rental in Freedom, 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 Freedom apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living | Vivo Living - Petite Studio | Studio,1BA | $549 |
| 3 Square | B | Studio,1BA | $750 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $775 |
| Hub Bloomington | 4x2 Pod | 4BR,2BA | $799 |
| Northcrest | 1 Bedroom | 1BR,1BA | $800 |
| Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| College Square Apartments | The Walnut | 1BR,1BA | $852 |
| Summit Pointe | Woodland | 1BR,1BA | $875 |
| The Uptown Apartments | Bennett | 1BR,1BA | $905 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Freedom, IN and Nearby
As of June 14, 2026 the best value apartment in the Freedom 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 Freedom apartment is the 3 Bedroom 2.5 Bathroom - Townhome Model at KINGSTON RIDGE APARTMENTS starting at $1,089 with a $0.85 price per square foot . Here is today’s list of the best values for Freedom apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stapleton | 3 Bedroom with a den | 3BR,2.5BA | $1.17 |
| KINGSTON RIDGE APARTMENTS | 3 Bedroom 2.5 Bathroom - Townhome | 3BR,2.5BA | $0.85 |
| Lofton | Lofton 2A - Sublease / Lease Release | 2BR,2BA | $1.42 |
| Aspen Bloomington | Frisco A 2x2 | 2BR,2BA | $1.13 |
| The Quarters Bloomington | D2 - 2x2 | 2BR,2BA | $1.15 |
| Big Red Apartments | 2 Bedroom August 2026 | 2BR,1BA | $1.38 |
| Summit Pointe | The Evergreen | 1BR,1BA | $1.22 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $1.05 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.32 |
| Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Freedom, IN Rentals by Map
See the most popular apartments and homes in Freedom, IN
Frequently Asked Questions about Cheap Freedom Apartments
What is the Cheapest Studio apartment in Freedom?
Currently the most affordable Cheap Studio Apartment in Freedom is at Vivo Living listed at $549.
How much is rent for a Cheap One Bedroom Freedom Apartment?
The lowest price for a Cheap One Bedroom Freedom Apartment is $775 at Woodland Springs.
What is the lowest price for a Cheap Two Bedroom Freedom Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Freedom is starting from $825 at Woodland Springs.
What is the most affordable Freedom Three Bedroom Apartment?
The best deal on a cheap Freedom 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.