
Cheap Apartments for Rent in Helmsburg, IN from $500 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in Helmsburg.


Park North Apartments

Lofton

Woodington Management Properties

Bart Villa Apartments

College Mall Apartments

Hub Bloomington

Park Ridge

326 W Kenwood Dr

Northcrest
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

Town and Country

Continental Terrace

Summit Pointe

Kingston Manor

519 N Lincoln

The Crossing at Pete Ellis

185 - COUNTRY VIEW APARTMENTS

419 E 7th
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.

Meadow Park Apartments

Walnut Springs

Echo Park

Fountain Park Apartments

Big Red Apartments

Total Monthly Price
7 Ten

Woods at Latimer (1 bed/1 bath community)

The Flats on Kirkwood

Woodbridge of Bloomington

324 S Highland Ave
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.

Steeplechase Apartments

The Fields

Grant Street Apartments

HighGrove

401 S Woodlawn Ave

60 On The Square: A place live and work.

The Retreat at Mineral Springs

Cedargate

Acadia Court

115 N Washington 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.

859 S Cherry St

1170 Leota Dr

171 E Washington St

1110 Leota Dr

224 E Ellis Rd

DunnPark Studios

1479 S Main St

iMansion

SummerHouse

1109 Harman Dr
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.
Helmsburg, IN Local Guide

How much does it cost to rent an apartment in Helmsburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Helmsburg Studio Apartments | $1,104 | $549 | $1,659 |
| Helmsburg 1 Bedroom Apartments | $1,281 | $700 | $2,040 |
| Helmsburg 2 Bedroom Apartments | $1,402 | $725 | $2,689 |
| Helmsburg 3 Bedroom Apartments | $1,717 | $699 | $3,300 |
| Helmsburg 4 Bedroom Apartments | $1,432 | $799 | $4,400 |
Browse Top Apartments in Helmsburg
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Helmsburg, IN Local Guide
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Cheapest Available Helmsburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Helmsburg, IN is a Studio unit found at Vivo Living Bloomington 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 Helmsburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living Bloomington | Vivo Living - Petite Studio | Studio,1BA | $549 |
| 3 Square | B | Studio,1BA | $750 |
| Woodington Management Properties | Stadium View II | 1BR,1BA | $750 |
| Park North Apartments | Park North Renovated - 240SF - AVAILABLE NOW! | Studio,1BA | $750 |
| Hub Bloomington | 4x2 Pod | 4BR,2BA | $799 |
| Northcrest | 1 Bedroom | 1BR,1BA | $800 |
| Town and Country | 0 Beds, 1 Baths | Studio,1BA | $850 |
| Kingston Manor | Efficiency | Studio,1BA | $875 |
| Summit Pointe | Woodland | 1BR,1BA | $875 |
| Park Ridge | Park Ridge - 1 Bedroom - Waived Admin Fees & $3... | 1BR,1BA | $899 |
Best Value Apartments for Rent in Helmsburg, IN and Nearby
As of June 12, 2026 the best value apartment in the Helmsburg area is the $1.10 price per square foot 3 Bedroom Model at Crescent Park in the in the Downtown Bloomington IN neighborhood starting from $1,650. The second greatest value Helmsburg apartment is the Lofton 2A - Sublease / Lease Release Model at Lofton starting at $1,350 with a $1.42 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crescent Park | 3 Bedroom | 3BR,2BA | $1.10 |
| Lofton | Lofton 2A - Sublease / Lease Release | 2BR,2BA | $1.42 |
| Aspen Bloomington | Frisco A 2x2 | 2BR,2BA | $1.13 |
| Big Red Apartments | 2 Bedroom August 2026 | 2BR,1BA | $1.38 |
| Hub Bloomington | 3x2 | 3BR,2BA | $1.66 |
| The Monroe | B2 | 2BR,2BA | $1.15 |
| Summit Pointe | The Evergreen | 1BR,1BA | $1.22 |
| The Bleachers | Single | 1BR,1BA | $1.67 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.32 |
| 522 E 3rd St | Studio | Studio ,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.
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 Helmsburg, IN Rentals by Map
See the most popular apartments and homes in Helmsburg, IN
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 Bloomington 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 $750 at Woodington Management Properties.
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

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.