Cheap Apartments for Rent in Koleen, IN from $500 (19 Rentals)

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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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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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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
Senior Living
  • Utilities Included
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Sullivan Building
1 to 3 Bedroom Apartments

Sullivan Building

115 N Washington StBloomington, IN 47404
Student Housing

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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Koleen, IN Local Guide

Cheapest Available Koleen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Koleen, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $549. Ironton at Shoals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Koleen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Petite StudioStudio,1BA$549
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$700
Acadia CourtStudioStudio,1BA$760
Woodland Springs1 Bedroom1BR,1BA$825
Union at Crescent1 Bed 1 Bath1BR,1BA$866

Best Value Apartments for Rent in Koleen, IN and Nearby

As of January 28, 2026 the best value apartment in the Koleen area is the $1.17 price per square foot Three Bedroom 3 1/2 Bath Townhome Model at Stapleton in the in the Downtown Bloomington IN neighborhood starting from $1,875. The second greatest value Koleen apartment is the Three Bedroom Townhome Model at Nile Ridge Townhomes starting at $1,400 with a $0.91 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Koleen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
StapletonThree Bedroom 3 1/2 Bath Townhome3BR,3.5BA$1.17
Nile Ridge TownhomesThree Bedroom Townhome3BR,3.5BA$0.91
Park on Morton3x3 Balcony - Classic3BR,3BA$0.92
Adams VillageThe Quarry w/ Garage2BR,2.5BA$1.49
The Quarters BloomingtonA4 - 4x44BR,4BA$0.63
Woodland Springs3 Bedroom3BR,1BA$1.19
The MonroeB22BR,2BA$1.15
Ironton at Shoals2 Beds, 1 Baths2BR,1BA$1.13
Union at Crescent1 Bed 1 Bath1BR,1BA$1.28
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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Koleen Apartments

What is the Cheapest Studio apartment in Koleen?

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

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

The lowest price for a Cheap One Bedroom Koleen Apartment is $700 at Ironton at Shoals.

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

Today's best deal for a Cheap Two Bedroom Apartment in Koleen is starting from $845 at Ironton at Shoals.

What is the most affordable Koleen Three Bedroom Apartment?

The best deal on a cheap Koleen Three Bedroom Apartment rental is at Aspen Bloomington and starts from $1,050.

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

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.