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modified
5+ Days Ago

Location

1500 South Walnut Street #3, Bloomington, Indiana 47401, United States

Tour 1500 South Walnut Street #3

Contact

ALF, LLC

(812) 333-9233

Property Overview

With 41 detailed photos available, the opportunity to visually assess the space is a significant advantage for potential renters. Although the absence of a washer or dryer on-site may be a consideration, the property’s features provide insights into its appeal and potential use. Overall, it presents a unique opportunity for those looking for a well-documented living space in Bloomington.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Images Available

Great for

  • Work-from-home

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 1500 South Walnut Street #3

HomeApartments in Bloomington 1500 South Walnut Street #3, Bloomington, Indiana 47401, United States

Available August 3rd 2026. This 1 bedroom, 1 bathroom apartment unit is located just south of downtown on S. Walnut Street. This historic building has commercial space on the main floor and 3 charming apartments on the second floor. Apartment #3 is available for $850 monthly rent. There is a security deposit of $850 as well that we will hold for the remainder of your lease. All utilities including gas, electricity, water, sewer, and trash, are included in a monthly $100 utility fee. Tenants would be responsible for internet and cable utility costs if they wish to set up service. There is no washer or dryer on site.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1500 S Walnut St, Bloomington, IN 47401, USA compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away

Address details

Zip code47401
TypeApartment for rent

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Rent trends in Bloomington

1-bedroom apartments at 1500 South Walnut Street #3 cost about 22% less than the average rent price for 1-bedroom apartments in Bloomington.

Median rents as of Jan 10 2026.
Bloomington
A table of 1-bedroom apartment rental data trends in Bloomington
MonthMedian Rent
February 2024$1,201
March 2024$1,238
April 2024$1,201
May 2024$1,216
June 2024$1,217
July 2024$1,247
August 2024$1,223
September 2024$1,195
October 2024$1,228
November 2024$1,246
December 2024$1,271
January 2025$1,310
February 2025$1,301
March 2025$1,264
April 2025$1,212
May 2025$1,191
June 2025$1,099
July 2025$1,150
August 2025$1,083
September 2025$1,022
October 2025$1,095
November 2025$1,074
December 2025$1,096
January 2026$1,089

Affordability calculator

Can I afford to live at 1500 South Walnut Street #3?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 1-bedroom monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1500 South Walnut Street, Bloomington, IN.
5 months ago$8251 bed1 bath
6 months ago$7951 bed1 bath
1 year ago$8251 bed1 bath
1 year ago$7951 bed1 bath
1 year ago$8001 bed1 bath
2 years ago$7501 bed1 bath
2 years ago$7501 bed1 bath
2 years ago$8151 bed1 bath
3 years ago$6751 bed1 bath

Schools near 1500 South Walnut Street #3

Templeton Elementary School

1400 s brenda ln

bloomington, IN, 47401

PK, K-6Public
B
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Internet available near 1500 South Walnut Street #3

Getting around Bloomington near 1500 South Walnut Street #3

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1500 South Walnut Street #3, Bloomington

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 1500 South Walnut Street #3

Chop Shop
1915 S Walnut St
Kroger
528 S College Ave
Little Italy Market
421 E 3rd St
Bloomington Cooperative Services Inc
316 W 6th St
Bloomington Costley Co
1120 N Walnut St

Other units at this address

1500 S Walnut St Bloomington, IN

Occupied

1

1 Bed

1 Bath

$795

Listed by 1 bed/1 bath APT just south of downtown
Days on market: 258
Studio, 1 bathroom apartment located just south of downtown on S. Walnut Street. This historic property has been renovated to hold several charming apartments complete with hardwood floors and second story views! Rents for $795 / month. There is a $795 security deposit. No smoking allowed inside apartment. $75/month utility fee and all utilities are included in that fee except cable/internet.

Occupied

2

1 Bed

1 Bath

$800

Listed by 1 Bedroom Available in FEB 2025. Monthly rent is $800 + Flat $75 Utility Fee Monthly
Days on market: 490
1 Bedroom close to Switchyard Park. Offers: Range, Refrigerator, Hardwood Floors, Off-Street Parking in the back. Owner handles lawn care. Tenant pays flat utility fee of $75 Monthly. No on-site washer/dryer.

Occupied

4

1 Bed

1 Bath

$850

Listed by NEWLY RENOVATED 1 BR; $850 monthly; Available August 2025
Days on market: 490
This newly renovated apartment is complete with new tile flooring, cabinets, a floor to ceiling tiled shower, and stainless steel appliances. In this unit, you will live in a piece of Bloomington history! This beautiful building is located in a great location just south of the Walnut/College split. On-site parking is in the rear of the building. Call today for a showing! FOR MORE INFORMATION PLEASE SEE DIRECT WEBSITE AT; WWW COSTLEYCOMPANY COM

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