
Cheap Homes for Rent near Paragon, IN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Paragon.


1110 Leota Dr

1120 Leota Dr

199 N Mulberry St

419 S Home Ave
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.

1310 N Maple St

5 N Fourth St

60 W Morgan St

1609 E Morgan St

1109 Harman Dr
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.

4998 W Truesdel Ct
Paragon, IN Local Guide

How much does it cost to rent a home in Paragon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paragon 2 Bedroom Homes for Rent | $980 | $900 | $1,200 |
| Paragon 3 Bedroom Homes for Rent | $2,429 | $1,400 | $5,000 |
| Paragon 4 Bedroom Homes for Rent | $3,700 | $1,950 | $5,600 |
| Paragon 5 Bedroom Homes for Rent | $3,850 | $2,700 | $5,000 |
Browse Top Homes for Rent in Paragon
Explore Paragon
Paragon, IN Local Guide
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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. 501 N Walnut St in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here is today’s list of the most affordable Paragon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living | Vivo Living - Large Studio | Studio,1BA | $649 |
| 501 N Walnut St | 501 N. Walnut - Luxury Apartments - 4 Bed/3 Bat... | 4BR,3BA | $699 |
| KINGSTON RIDGE APARTMENTS | 1 Bedroom 1 Bathroom - Apartment | 1BR,1BA | $735 |
| 3 Square | B | Studio,1BA | $750 |
| Park North Apartments | Park North Renovated - 240SF - AVAILABLE NOW! | Studio,1BA | $750 |
Best Value Apartments for Rent in Paragon, IN and Nearby
As of July 23, 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 Bat... 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 The Ellis - 3 Bed/3 Bath - Per Bed Pricing! - L... Model at The Ellis starting at $750 with a $0.64 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 N Walnut St | 501 N. Walnut - Luxury Apartments - 4 Bed/3 Bat... | 4BR,3BA | $0.38 |
| The Ellis | The Ellis - 3 Bed/3 Bath - Per Bed Pricing! - L... | 3BR,3BA | $0.64 |
| Hidden Hills at Oakdale | 2 Bedroom | 2BR,1BA | $1.32 |
| Aspen Bloomington | Frisco A 2x2 | 2BR,2BA | $1.13 |
| The Monroe | B2 | 2BR,2BA | $1.02 |
| Summit Pointe | The Evergreen | 1BR,1BA | $1.22 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.32 |
| KINGSTON RIDGE APARTMENTS | 1 Bedroom 1 Bathroom - Apartment | 1BR,1BA | $1.08 |
| Union at Crescent | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
| Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleParagon, IN
Ranked #45
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paragon, IN Rentals by Map
See the most popular apartments and homes in Paragon, IN
Frequently Asked Questions about Paragon
What type of rentals are currently available in Paragon?
There are currently 81 Apartments for Rent in Paragon, IN with pricing that ranges from $649 to $5,500. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paragon ranging from $900 to $5,600.
What is the current price range for Rental Homes in Paragon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paragon ranges from $900 to $5,600 with an average monthly rent of $2,182.
How much are larger Three and Four Bedroom Rentals in Paragon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paragon range from $699 to $3,049, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $699.
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

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.

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.

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.

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.