Cheap Apartments for Rent in Paragon, IN from $500 (23 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-23, Page 1 of 1

Paragon, IN Local Guide

Cheapest Available Paragon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paragon, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $649. Lofton in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Paragon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Petite StudioStudio,1BA$649
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
Woodington Management PropertiesStadium View II1BR,1BA$750
Sunflower PlaceOne Bed1BR,1BA$800
CedargateStudio StandardStudio,1BA$800

Best Value Apartments for Rent in Paragon, IN and Nearby

As of August 28, 2025 the best value apartment in the Paragon area is the $1.16 price per square foot Three Bedroom Townhome Model at Nile Ridge Townhomes in the in the Downtown Bloomington IN neighborhood starting from $1,785. The second greatest value Paragon apartment is the Beacon Hill - 3 Bed/2 Bath Model at Beacon Hill starting at $1,299 with a $1.06 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.
Nile Ridge TownhomesThree Bedroom Townhome3BR,3.5BA$1.16
Beacon HillBeacon Hill - 3 Bed/2 Bath3BR,2BA$1.06
Covenanter HillTownhome Premier2BR,2.5BA$1.33
SummerHouseWylie1BR,1.5BA$1.34
Park on Morton2x2 Corner - Classic2BR,2BA$1.19
The League Bloomington10 North 2x2 Penthouse2BR,2BA$0.99
Summit PointeHillcrest2BR,2BA$1.32
The Stratum at Indiana2x22BR,2BA$0.99
The MonroeB22BR,2BA$1.22
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25

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Pet Friendly Lifestyle
Paragon, IN

Ranked #34

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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Getting Around Paragon, IN

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Vivo Living listed at $649.

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

The lowest price for a Cheap One Bedroom Paragon Apartment is $749 at Lofton.

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 $950 at Northcrest.

What is the most affordable Paragon Three Bedroom Apartment?

The best deal on a cheap Paragon Three Bedroom Apartment rental is at Aspen Bloomington and starts from $1,029.

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 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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.