Cheap Homes for Rent in Norman, IN from $700 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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 Lofton in the Downtown Bloomington IN neighborhood priced from $749. Woodington Management Properties in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Norman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
Woodington Management PropertiesStadium View II1BR,1BA$750
Canadian Apartments1BR/1.0BA1BR,1BA$750

Best Value Apartments for Rent in Norman, IN and Nearby

As of September 06, 2025 the best value apartment in the Norman area is the $1.33 price per square foot Townhome Premier Model at Covenanter Hill in the in the Downtown Bloomington IN neighborhood starting from $1,595. The second greatest value Norman apartment is the Wylie Model at SummerHouse starting at $1,499 with a $1.34 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.
Covenanter HillTownhome Premier2BR,2.5BA$1.33
SummerHouseWylie1BR,1.5BA$1.34
The League Bloomington10 North 2x2 Penthouse2BR,2BA$0.99
LoftonLofton 2A - Sublease / Lease Release2BR,2BA$1.42
Summit PointeHillcrest2BR,2BA$1.32
The Stratum at Indiana2x22BR,2BA$0.99
Sunrise Suites Apartments2 Bed 1 Bath2BR,1BA$1.33
The MonroeB22BR,2BA$1.22
Woodland Springs1 Bedroom1BR,1BA$1.25
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25

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.

decorative image of people with a giant lease agreement

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

Explore Norman, IN Rentals by Map

View Map
Norman, IN Apartments Map
View Map
Norman, IN Rental Homes Map

Frequently Asked Questions about Norman

What type of rentals are currently available in Norman?

There are currently 44 Apartments for Rent in Norman, IN with pricing that ranges from $650 to $2,943. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norman ranging from $775 to $6,500.

What is the current price range for Rental Homes in Norman?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Norman ranges from $775 to $6,500 with an average monthly rent of $2,458.

How much are larger Three and Four Bedroom Rentals in Norman?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Norman range from $650 to $2,943, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $6,500. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $749.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.