Home / Bloomington / Brand-new Penthouse Studio, 2, And 3 Bed Apartments On Indiana Ave!
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Updated 2 hours ago

Brand-new Penthouse Studio, 2, And 3 Bed Apartments On...


116 S Indiana Ave Bloomington, IN

Studio - 2 Bed
1 - 2 Bath

443 - 1,077 Sq. Ft.

Available starting Jul. 28th
Studio • 1 Bath
$1,549
443 ft2
1 Available
Managed By: Cedarview Management - Bloomington
Unit 301
$1,549
Available Jul 28th, 2026
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2 Beds • 2 Bath
$2,596
1077 ft2
1 Available
Managed By: Cedarview Management - Bloomington
Unit 305
$2,596
Available: Ask
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3 Beds • 3 Bath
$4,050
1187 ft2
0 Available
Managed By: Cedarview Management - Bloomington
Unit 304
$4,050
Rented
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Where you'll live
Street View
Map View
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Fees & leasing info
Lease & Fees
Security Deposit:

0 - 400

Property details
Description

You can’t get closer to the action – these brand-new penthouse apartments on Indiana Avenue are just steps from the IU Sample Gates, right in the heart of campus and Bloomington’s best restaurants, coffee shops, and local hotspots.
These modern units feature brand new appliances, spacious bedrooms, and in-unit washer & dryer! Thoughtfully designed layouts offer both comfort and style in one of the most walkable locations in town.
Located directly on Indiana Avenue, you're less than a 5-minute walk to classes, the library, and all your favorite Kirkwood spots.

Additional Details
Total Unit Count: 5
Last Updated: Updated 2 hours ago
Contact Number: (812) 339-8777
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
AT&T Inc. 100.0 20.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
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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 Brand-new Penthouse Studio, 2, And 3 Bed Apartments On Indiana Ave! by bedroom type below.
Studio
Suggested income:
$55,800
per year
2 Bedroom
Suggested income:
$93,500
per year
Rent report

Brand-new Penthouse Studio, 2, And 3 Bed Apartments On Indiana Ave! Rent vs. Bloomington Average

 Brand-new Penthouse Studio, 2, And 3 Bed Apartments On Indiana Ave!      Bloomington Average
Studio
$1,549
$1,080
$0
$550
$1,100
$1,650
$2,200
2BR
$2,596
$1,693
$0
$850
$1,700
$2,550
$3,400

Brand-new Penthouse Studio, 2, And 3 Bed Apartments On Indiana Ave! is asking 43% more than the average studio apartment in Bloomington.

If you upsized to an average priced Bloomington 1 bedroom apartment, you would pay 4% more per month.

Brand-new Penthouse Studio, 2, And 3 Bed Apartments On Indiana Ave! provides 1% more square footage than the average Bloomington studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Brand-new Penthouse Studio, 2, And 3 Bed Apartments On Indiana Ave!
Studio $1,549 $3.50 $4,647
2BR $2,596 $2.40 $7,788
Bloomington Average
Studio $1,080 $2.50 $3,241
1BR $1,120 $1.80 $3,361
2BR $1,693 $1.70 $5,080
3BR $2,212 $1.60 $6,635
4BR $3,360 $1.90 $10,080

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 505 1BR units on the market in Bloomington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
13% 25% 23% 20% 12%
Available Units in Bloomington
Studio 249
1BR 505
2BR 456
3BR 399
4BR 233
Location
Nearby College
Nearby Hospitals
Name Distance
Bloomington Meadows Hospital 8.12 mi.
Indiana University Health Morgan Hospital Inc 8.99 mi.
Indiana University Health Bloomington Hospital 10.79 mi.
Nearby Fire Stations
Name Distance
Van Buren Township Fire Department 7.83 mi.
Northern Monroe County Fire Protection Territory 7.83 mi.
Perry Clear Creek Fire Protection District 7.83 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units 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 July 28, 2026.
What's the square footage of the available units?
The available units range from 443 to 1,077 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 116 S Indiana Ave in Bloomington, IN. It's 10.5 miles north from the center of Bloomington.
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