Cheap Apartments for Rent near Paragon, IN from $690 (67 Rentals)

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

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.

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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.

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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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7 Ten
$1,225 - $2,060
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $2,060
Total Monthly Price
$1,225 - $2,060
1 to 2 Bedroom Apartments Contact Us For Availability

7 Ten

710 N College AveBloomington, IN 47404
Student Housing
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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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115 N Washington St
1 to 3 Bedroom Apartments

115 N Washington St

115 N Washington StBloomington, IN 47404
Student Housing

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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Paragon, IN Local Guide

Cheapest Available Paragon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paragon, IN is a 4 Beds unit found at 501 N Walnut St in the Downtown Bloomington IN neighborhood priced from $699. KINGSTON RIDGE APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Paragon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
501 N Walnut St501 N. Walnut - Luxury Apartments - 4 Bed/3 Bath!4BR,3BA$699
KINGSTON RIDGE APARTMENTS1 Bedroom 1 Bathroom - Apartment1BR,1BA$735
LoftonLofton - Individual Lease - 2bed/2bath1BR,2BA$749
Park North ApartmentsPark North Renovated - 240SF - AVAILABLE NOW!Studio,1BA$750
3 SquareBStudio,1BA$750
Hub Bloomington4x2 Pod4BR,2BA$799
Northcrest1 Bedroom1BR,1BA$800
Sunflower Place - Full Unit for RentOne Bed1BR,1BA$820
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Summit PointeWoodland1BR,1BA$850

Best Value Apartments for Rent in Paragon, IN and Nearby

As of August 27, 2026 the best value apartment in the Paragon area is the $0.38 price per square foot 501 N. Walnut - Luxury Apartments - 4 Bed/3 Bath! Model at 501 N Walnut St in the in the Downtown Bloomington IN neighborhood starting from $699. The second greatest value Paragon apartment is the 3 Bedroom TH Model at Hidden Hills at Oakdale starting at $1,570 with a $1.31 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Paragon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
501 N Walnut St501 N. Walnut - Luxury Apartments - 4 Bed/3 Bath!4BR,3BA$0.38
Hidden Hills at Oakdale3 Bedroom TH3BR,2BA$1.31
Big Red Apartments3 Bed 1 Bath3BR,1BA$1.08
The Stratum at Indiana2x22BR,2BA$0.86
Lincoln TowerB2 - LT2BR,2BA$1.25
The MonroeB22BR,2BA$1.02
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.32
KINGSTON RIDGE APARTMENTS1 Bedroom 1 Bathroom - Apartment1BR,1BA$1.08
Union at Crescent1 Bed 1 Bath1BR,1BA$1.28
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.28

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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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
Paragon, IN

Ranked #53

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 Paragon, IN Rentals by Map

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See the most popular apartments and homes in Paragon, IN

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Frequently Asked Questions about Cheap Paragon Apartments

What is the Cheapest Studio apartment in Paragon?

Currently the most affordable Cheap Studio Apartment in Paragon is at 3 Square listed at $750.

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

The lowest price for a Cheap One Bedroom Paragon Apartment is $735 at KINGSTON RIDGE APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Paragon is starting from $900 at Summit Pointe.

What is the most affordable Paragon Three Bedroom Apartment?

The best deal on a cheap Paragon 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

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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.