5+ Days Ago
Highlights
Pet Friendly
- In-home laundry
- Bright kitchen
Location
501 University Ave, Bloomington, IL 61701, USA
Tour 501 University Ave
Contact
Vesta Real Estate, LLC
Nearby rentals
Renter hub
Property management
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Property Overview
Situated in a vibrant area, this property features an inviting bright kitchen and in-home laundry, catering to modern living needs. With a strong emphasis on work-from-home suitability and accessibility, it offers a quiet environment, high-speed internet, and proximity to coworking spaces. Additionally, a rich selection of restaurants, cultural venues, and parks nearby enhances the social and recreational opportunities available.
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
Middle school nearby- Less expensive
- Images Available
Great for
Social life
Pet owners
Work-from-home
Amenities for 501 University Ave
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Outdoor Space | Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 501 University Ave
** Move - In Special! Water/Trash paid for the first month! ** Don’t be fooled by first impressions — this home is bigger than it looks! Spacious 4 Bedroom, 2 Bathroom Home with Bonus Living Area This well-maintained 4-bedroom, 2-bathroom home offers plenty of space and comfort. Key Features: 4 spacious bedrooms with ample closet space 2 full bathrooms Bonus living area Bright kitchen with plenty of cabinet storage In-home laundry for added convenience Close to campus, shopping, dining, and public transportation This property combines functionality with comfort, providing the space you need in a location you’ll love. Rent: $1,650 per month Security Deposit: Equivalent to one month's rent Lease Term: 12-month lease Pets may be considered with an additional deposit and/or pet rent Utilities: Tenants responsible for utilities (water, electricity, gas, internet, etc.) and lawn maintenance Background & credit check fee of $48.00 covers a nationwide criminal background check, credit check, address, and income verification. Minimum requirements: 1. No acts of violence arrests in the last 7 years. No drug manufacturing, delivery, fraud, or sex related convictions of any kind. 2. No history of bankruptcy or late payments in the past 2 years, no unpaid delinquencies (liens, judgments, collections, foreclosures, etc), no history of eviction in the last 4 years, and no unpaid eviction judgements. 3. Monthly gross income must be at least 2.5 times the monthly rent or qualifying subsidy.
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 501 University Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Zip code | 61701 |
|---|---|
| Type | House for rent |
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Rent trends in Bloomington
4-bedroom apartments at 501 University Ave cost about 13% less than the average rent price for 4-bedroom apartments in Bloomington.
Median rents as of Dec 6 2025.
Bloomington
| Month | Median Rent |
|---|---|
| December 2023 | $2,075 |
| January 2024 | $2,075 |
| February 2024 | $2,300 |
| March 2024 | $2,290 |
| April 2024 | $2,418 |
| May 2024 | $2,475 |
| June 2024 | $2,150 |
| July 2024 | $2,250 |
| August 2024 | $2,398 |
| September 2024 | $2,396 |
| October 2024 | $2,360 |
| November 2024 | $2,235 |
| December 2024 | $1,983 |
| January 2025 | $2,033 |
| February 2025 | $1,982 |
| March 2025 | $1,997 |
| April 2025 | $2,225 |
| May 2025 | $2,309 |
| June 2025 | $2,395 |
| July 2025 | $2,298 |
| August 2025 | $2,192 |
| September 2025 | $2,098 |
| October 2025 | $2,162 |
| November 2025 | $1,903 |
| December 2025 | $1,895 |
Affordability calculator
Can I afford to live at 501 University Ave?
Bedrooms
4+ bedroomsRent-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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 4-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near 501 University Ave
Bent Elementary School
904 n roosevelt ave
bloomington, IL, 61701
K-5Public
C+
Sarah E. Raymond School of Early Education
1402 w olive st
bloomington, IL, 61701
PKPublic
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Internet available near 501 University Ave
Getting around Bloomington near 501 University Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
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 501 University Ave, Bloomington
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Nightlife
4/10
Some bars within walking distance
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