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Updated 33 minutes ago

509 N Walnut


Bloomington, IN

Studio
1 Bath

280 Sq. Ft.

Available starting Aug. 19th
Studio • 1 Bath
$800
280 ft2
1 Available
Managed By: Omega Properties
-
$800
Available Aug 19th, 2026
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Description

Located right off Walnut!
A beautiful renovated stand alone studio with a bathroom
Perks:
-Stainless Steel Appliances
-Quartz Countertops
-Central Air Conditioning
-Family Owned and Operated
-24/7 Emergency Maintenance
-Close to Campus, Restaurants, and Entertainment
Parking: Private Parking
Utilities: Water, Electric, and Wifi (All covered by tenant)

Additional Details
Total Unit Count: 1
Last Updated: Updated 33 minutes ago
Contact Number: (812) 333-0995
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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 509 N Walnut by bedroom type below.
Studio
Suggested income:
$28,800
per year
Rent report

509 N Walnut Rent vs. Bloomington Average

 509 N Walnut      Bloomington Average
Studio
$800
$1,093
$0
$400
$800
$1,200
$1,600

509 N Walnut is asking 27% less than the average studio apartment in Bloomington.

If you upsized to an average priced Bloomington 1 bedroom apartment, you would pay 5% more per month.

509 N Walnut provides 38% less square footage than the average Bloomington studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
509 N Walnut
Studio $800 $2.90 $2,400
Bloomington Average
Studio $1,093 $2.40 $3,280
1BR $1,147 $1.70 $3,440
2BR $1,485 $1.60 $4,454
3BR $2,021 $1.40 $6,062
4BR $3,019 $1.70 $9,056

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 708 2BR units on the market in Bloomington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 29% 31% 16% 9%
Available Units in Bloomington
Studio 209
1BR 673
2BR 708
3BR 376
4BR 215
Location
Nearby College
Campus Buildings and Attractions
Distance Walking Biking Driving
Memorial Union 0.8 mi 15 min 7 min 3 min
Recreational Sports Center 0.8 mi 16 min 7 min 3 min
Wells Library 1.0 mi 19 min 9 min 3 min
Musical Arts Center 1.1 mi 22 min 8 min 3 min
Memorial Stadium 1.2 mi 22 min 8 min 3 min
Nearby Hospitals
Name Distance
Indiana University Health Bloomington Hospital 0.82 mi.
Bloomington Meadows Hospital 2.59 mi.
Monroe Hospital 4.03 mi.
Nearby Fire Stations
Name Distance
Jordan Volunteer Fire Department 0.97 mi.
Van Buren Township Fire Department 2.47 mi.
Perry Clear Creek Fire Protection District 2.47 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on August 19, 2026.
What's the square footage of the available units?
It's 280 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 509 N Walnut in Bloomington, IN. It's 1.1 miles northwest from the center of Bloomington.
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