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Home / Bloomington / Lakewood Terrace
Lakewood Terrace Apartment for rent in Bloomington, IL
2 of 17 Lakewood Terrace Apartment for rent in Bloomington, IL
3 of 17 Lakewood Terrace Apartment for rent in Bloomington, IL
4 of 17 Lakewood Terrace Apartment for rent in Bloomington, IL
5 of 17 Lakewood Terrace Apartment for rent in Bloomington, IL
17 Photos
Photos Floor Plans Amenities
Updated 8 minutes ago

Lakewood Terrace


1301 1/2 N Hershey Rd Bloomington, IL

1 - 2 Bed
•
1 Bath

0 - 850 Sq. Ft.

Available starting Jul. 1st
Floor plans
1 Bed • 1 Bath
$835
700 ft2
1 Available
Managed By: Lakewood Terrace Apartments
One Bedroom One Bath Apartment for $835.00 In The Best Part Of Town!!!
$835
Available Jul 23rd, 2025
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View Rented Units
2 Beds • 1 Bath
$925
850 ft2
1 Available
Managed By: Lakewood Terrace Apartments
Lakewood Terrace 2 Bedroom & 1 Bath Apartment for $925.00
$925
Available Jul 1st, 2025
View
2 Beds • 1 Bath
$935
Size: N/A
1 Available
Managed By: Lakewood Terrace Apartments
Lakewood Terrace 2 Bedroom & 1 Bath Apartment w/ Balcony for $935.00
$935
Available Jul 11th, 2025
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View Rented Units
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
51
Somewhat Walkable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit:

835 - 935

Property details
Description

One Bedroom One Bath Apartment for $800.00 In The Best Part Of Town!!! - What a super location! Lakewood Terrace Apartments are located at 1301-1311 North Hershey Road. The apartments offer one and two bedroom units, as well as two bedroom townhouses. This community is located close to major shopping, entertainment, and employers. All units come standard with major kitchen appliances including: stoves, refrigerators, dishwashers, and garbage disposals. Visit Lakewood today and be close to everything!!
$500.00 pet deposit per pet -NO PET RENT!!
On approved Credit
Equal Housing Opportunity
Realty Consulting Services
(RLNE5490680)

Additional Details
Total Unit Count: 106
Last Updated: Updated 8 minutes ago
Contact Number: (309) 828-1950
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Metronet Holdings, LLC 1000.0 1000.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Frontier Communications Corporation 25.0 2.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Lakewood Terrace by bedroom type below.
1 Bedroom
Suggested income:
$30,100
per year
2 Bedroom
Suggested income:
$33,300
per year
Rent report

Lakewood Terrace Rent vs. Bloomington Average

 Lakewood Terrace      Bloomington Average
1BR
$835
$957
$0
$350
$700
$1,050
$1,400
2BR
$925
$1,281
$0
$450
$900
$1,350
$1,800

Lakewood Terrace is asking 13% less than the average 1 bedroom apartment in Bloomington.

If you upsized to an average priced Bloomington 2 bedroom apartment, you would pay 25% more per month.

If you downsized to an average priced Bloomington studio apartment, you would pay 11% less per month.

Lakewood Terrace provides 2% more square footage than the average Bloomington 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lakewood Terrace
1BR $835 $1.20 $2,505
2BR $925 $1.10 $2,775
Bloomington Average
Studio $865 $2.00 $2,594
1BR $957 $1.40 $2,870
2BR $1,281 $1.20 $3,843
3BR $1,745 $1.10 $5,235
4BR $2,575 $0.80 $7,725

Availability in Bloomington

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 89 2BR units on the market in Bloomington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
2% 22% 52% 16% 6%
Available Units in Bloomington
Studio 3
1BR 38
2BR 89
3BR 28
4BR 11
Location
Nearby Colleges

Illinois Wesleyan University

Illinois State University

Heartland Community College

Nearby Hospitals
Name Distance
St Joseph Medical Center 1.04 mi.
Advocate Health And Hospitals Corporation Dba Advocate Bromenn Healthcare 2.55 mi.
Advocate Eureka Hospital 23.34 mi.
Nearby Fire Stations
Name Distance
Normal Fire Department 1.77 mi.
Normal Fire Department 2.38 mi.
Mitsubishi Fire Brigade 2.38 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units available for move-in over the next 2 months. The soonest move-in date is July 01, 2025.
What's the square footage of the available units?
The available units range from 700 to 850 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $835 to $935. Lakewood Terrace has 1 bedroom units available starting at $835 and 2 bedroom units available starting at $925.
Where is this property located?
This property is at 1301 1/2 N Hershey Rd in Bloomington, IL. It's 2.7 miles east from the center of Bloomington.
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