
Cheap Apartments for Rent near Helmsburg, IN from $500 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in Helmsburg.


Park North Apartments

Woodington Management Properties

Lofton

Park Ridge

Bart Villa Apartments

College Mall Apartments

Hub Bloomington

326 W Kenwood Dr

Northcrest
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Sunflower Place - Full for Rent

Summit Pointe

Town and Country

Continental Terrace

Kingston Manor

519 N Lincoln St

The Crossing at Pete Ellis

185 - COUNTRY VIEW APARTMENTS

Stadium Row
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Echo Park

The Annex of Bloomington

Meadow Park Apartments

Walnut Springs

Fountain Park Apartments

Woods at Latimer (1 bed/1 bath community)

Big Red Apartments

Grant Street Apartments

Total Monthly Price
7 Ten

Crimson Corner
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.

The Fields

Woodbridge of Bloomington

Crescent Park Apartments

324 S Highland Ave

Steeplechase Apartments

Verona Park

HighGrove

60 On The Square: A place live and work.

The Retreat at Mineral Springs

Cedargate
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.

Acadia Court

115 N Washington St

1110 Leota Dr

979 S Cherry St

171 E Washington St

1079 S Home Ave

1069 S Home Ave

383 Duo Dr

DunnPark Studios

iMansion
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.
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 | $1,132 | $649 | $1,659 |
| Helmsburg 1 Bedroom Apartments | $1,297 | $725 | $2,040 |
| Helmsburg 2 Bedroom Apartments | $1,352 | $725 | $2,628 |
| Helmsburg 3 Bedroom Apartments | $1,516 | $699 | $3,049 |
| Helmsburg 4 Bedroom Apartments | $1,436 | $799 | $3,455 |
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 in the Downtown Bloomington IN neighborhood priced from $649. 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 | Vivo Living - Large Studio | Studio,1BA | $649 |
| 3 Square | B | Studio,1BA | $750 |
| Park North Apartments | Park North Renovated - 240SF - AVAILABLE NOW! | Studio,1BA | $750 |
| Northcrest | 1 Bedroom | 1BR,1BA | $800 |
| Park Ridge | Park Ridge - 1 Bedroom - Waived Admin Fees & $3... | 1BR,1BA | $849 |
| Summit Pointe | Woodland | 1BR,1BA | $850 |
| Town and Country | 0 Beds, 1 Baths | Studio,1BA | $850 |
| Kingston Manor | Efficiency | Studio,1BA | $875 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $950 |
| Stadium Row | D1 - TF | 4BR,4BA | $1,000 |
Best Value Apartments for Rent in Helmsburg, IN and Nearby
As of July 27, 2026 the best value apartment in the Helmsburg area is the $1.63 price per square foot Maplewood Model at Grove at Latimer in the in the Downtown Bloomington IN neighborhood starting from $2,205. The second greatest value Helmsburg apartment is the Brookside II Model at The Fields starting at $1,645 with a $1.45 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. |
|---|---|---|---|
| Grove at Latimer | Maplewood | 3BR,3BA | $1.63 |
| The Fields | Brookside II | 2BR,2BA | $1.45 |
| Big Red Apartments | 3 Bed 1 Bath | 3BR,1BA | $1.37 |
| The Bleachers | Double | 2BR,2BA | $1.65 |
| Summit Pointe | Summit | 2BR,2BA | $1.26 |
| Aspen Bloomington | Frisco A 2x2 | 2BR,2BA | $1.13 |
| Grant Street Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.41 |
| Crimson Corner | B1 - CR | 2BR,2BA | $1.55 |
| The Monroe | B2 | 2BR,2BA | $1.02 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.32 |
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 listed at $649.
How much is rent for a Cheap One Bedroom Helmsburg Apartment?
The lowest price for a Cheap One Bedroom Helmsburg Apartment is $800 at Northcrest.
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 Kingston Manor and starts from $1,080.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.
