Cheap Apartments for Rent near Norman, IN from $500 (54 Rentals)

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

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.

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.

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.

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Acadia Court
Studio to 2 Bedroom Apartments

Acadia Court

2995 S Acadia CtBloomington, IN 47401
Corporate Housing
  • Utilities Included
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Cedargate
Studio to 2 Bedroom Apartments

Cedargate

3073 E Amy LnBloomington, IN 47408
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115 N Washington St
1 to 3 Bedroom Apartments

115 N Washington St

115 N Washington StBloomington, IN 47404
Student Housing

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.

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2511 Q St
1 to 2 Bedroom Apartments

2511 Q St

2511 Q StBedford, IN 47421
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DunnPark Studios
Studio Apartments

DunnPark Studios

115 N Dunn StBloomington, IN 47408
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iMansion
1 Bedroom Apartments

iMansion

604 N Smith RdBloomington, IN 47408
Student Housing
  • Utilities Included
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SummerHouse
1 to 3 Bedroom Apartments

SummerHouse

4501 E 3rd StBloomington, IN 47401
Student Housing
  • Utilities Included

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.

Norman, IN Local Guide

Cheapest Available Norman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norman, IN is a 1 Bed unit found at Park Ridge priced from $849. Town and Country in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Norman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park RidgePark Ridge - 1 Bedroom - Waived Admin Fees & $3...1BR,1BA$849
Town and Country0 Beds, 1 BathsStudio,1BA$850
College Square ApartmentsThe Walnut1BR,1BA$852
Summit PointeWoodland1BR,1BA$875
Kingston ManorEfficiencyStudio,1BA$875
The Uptown ApartmentsBennett1BR,1BA$905
The Crossing at Pete Ellis1 Bedroom1BR,1BA$950
Meadow Park ApartmentsThe Marigold2BR,1BA$1,099
Fountain Park ApartmentsThe Poplar1BR,1BA$1,125
Echo ParkMod1BR,1BA$1,149

Best Value Apartments for Rent in Norman, IN and Nearby

As of July 24, 2026 the best value apartment in the Norman 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 Norman apartment is the Dorset+ Model at HighGrove starting at $2,035 with a $1.69 price per square foot . Here is today’s list of the best values for Norman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grove at LatimerMaplewood3BR,3BA$1.63
HighGroveDorset+2BR,2BA$1.69
Big Red Apartments3 Bed 1 Bath3BR,1BA$1.37
Hidden Hills at Oakdale2 Bedroom2BR,1BA$1.32
The MonroeB22BR,2BA$1.02
Summit PointeThe Evergreen1BR,1BA$1.22
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.32
Meadow Park ApartmentsThe Marigold2BR,1BA$1.67
Town and Country0 Beds, 1 BathsStudio ,1BA$1.70
College Square ApartmentsThe Walnut1BR,1BA$1.70

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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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Norman, IN

Ranked #48

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Norman, IN Rentals by Map

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Frequently Asked Questions about Cheap Norman Apartments

What is the Cheapest Studio apartment in Norman?

Currently the most affordable Cheap Studio Apartment in Norman is at Town and Country listed at $850.

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

The lowest price for a Cheap One Bedroom Norman Apartment is $849 at Park Ridge.

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

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

What is the most affordable Norman Three Bedroom Apartment?

The best deal on a cheap Norman 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

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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.

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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.

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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.

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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.