Cheap Apartments for Rent in Helmsburg, IN from $500 (31 Rentals)

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

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.

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Kingston Manor
$875 - $1,080
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,055
Required Monthly Fees
$25
Total Monthly Price
$875 - $1,080
Studio to 3 Bedroom Apartments Available Now

Kingston Manor

3200 E Longview AveBloomington, IN 47408
Affordability
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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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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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Sullivan Building
1 to 3 Bedroom Apartments

Sullivan Building

115 N Washington StBloomington, IN 47404
Student Housing
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Northcrest
1 to 2 Bedroom Apartments

Northcrest

1440 N Woodburn AveBloomington, IN 47404

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.

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Showing Results 1-31, Page 1 of 1

Helmsburg, IN Local Guide

Cheapest Available Helmsburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Helmsburg, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $549. Lofton in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Helmsburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Petite StudioStudio,1BA$549
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
Acadia CourtStudioStudio,1BA$760
CedargateStudio StandardStudio,1BA$760
326 West Kenwood Drive1BR/1.0BA1BR,1BA$850
Kingston ManorEfficiencyStudio,1BA$875
419 E 7th419 E. 7th St - 2 Blocks from IU Memorial Mall ...1BR,1BA$899
522 E 3rd StStudioStudio,1BA$900
3 SquareKStudio,1BA$950
Summit PointeWoodland1BR,1BA$950

Best Value Apartments for Rent in Helmsburg, IN and Nearby

As of February 21, 2026 the best value apartment in the Helmsburg area is the $0.91 price per square foot Three Bedroom Townhome Model at Nile Ridge Townhomes in the in the Downtown Bloomington IN neighborhood starting from $1,400. The second greatest value Helmsburg apartment is the 3x3 Balcony - Classic Model at Park on Morton starting at $1,189 with a $0.92 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Helmsburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nile Ridge TownhomesThree Bedroom Townhome3BR,3.5BA$0.91
Park on Morton3x3 Balcony - Classic3BR,3BA$0.92
Big Red Apartments3 Bedroom 1 Bathroom3BR,2BA$1.59
Grove at LatimerWillowbrook2BR,1BA$1.54
LoftonLofton 2A - Sublease / Lease Release2BR,2BA$1.42
The League Bloomington2 Bedroom2BR,2BA$1.40
The MonroeB22BR,2BA$1.15
Woodington Management PropertiesWillowbrook2BR,1BA$1.50
Summit PointeRivers Edge1BR,1BA$1.60
522 E 3rd StStudioStudio ,1BA$1.50

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!

Explore Helmsburg, IN Rentals by Map

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Frequently Asked Questions about Cheap Helmsburg Apartments

What is the Cheapest Studio apartment in Helmsburg?

Currently the most affordable Cheap Studio Apartment in Helmsburg is at Vivo Living listed at $549.

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

The lowest price for a Cheap One Bedroom Helmsburg Apartment is $749 at Lofton.

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

Today's best deal for a Cheap Two Bedroom Apartment in Helmsburg is starting from $925 at Kingston Manor.

What is the most affordable Helmsburg Three Bedroom Apartment?

The best deal on a cheap Helmsburg 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

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.