Updated 5+ Days Ago
Location
515 N Grant St, Bloomington, IN 47408, USA|Old Northeast
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Property Overview
Downtown on Grant offers strong overall value with a high expert rating, excellent price and location scores, and a solid amenities rating. It stands out for its convenient access to dining, arts, entertainment, and walkable surroundings, along with a detailed and trustworthy property description.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
Great for
Social life
Floor plans
| Downtown On Grant - 2 Bed/ 2 Bath - Close to Campus & Kirkwood! | 2 bed | 2 bath | $1,799 /mo | 1 unit available | |||
| Downtown On Grant - 3 Bed/ 3 Bath - Close to Campus & Kirkwood! | 3 bed | 3 bath | $2,599 /mo | 1 unit available | |||
| Downtown On Grant - 4 Bed/ 3 Bath - Close to Campus & Kirkwood! | 4 bed | 3 bath | 1,177 sqft | $3,049 /mo | 1 unit available | ||
| Downtown On Grant - 5 Bed/ 5 Bath - Close to Campus & Kirkwood! | 5 bed | 5 bath | $3,649 /mo | 1 unit available |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 24 |
|---|
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About Downtown on Grant
Downtown on Grant cost $1,799–$3,649 per month. Located at 515 N Grant St, Bloomington, IN 47408, USA, Downtown on Grant has 2 — 5 bedroom units available.Other apartment buildings in or around Bloomington include but are not limited to: 316 N Washington St, 2611 N Walnut St, 1120 S Walnut St, 902 S Maxwell Ter
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, Downtown on Grant is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Downtown on Grant has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Downtown on Grant stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Downtown on Grant is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Downtown on Grant is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Downtown on Grant does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Downtown on Grant is great for:
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 Downtown on Grant compares to other nearby properties.
Positives
- Less expensive
- The 5-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
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Rent trends in Old Northeast
If you decide to upgrade your space, you can expect 2-bedrooms at Downtown on Grant to be 20% more than the average for similarly sized apartments in Old Northeast.
3-bedroom apartments at Downtown on Grant cost about 4% less than the average rent price for 3-bedroom apartments in Old Northeast.
4-bedroom apartments at Downtown on Grant cost about 34% less than the average rent price for 4-bedroom apartments in Old Northeast.
Median rents as of Jul 18 2026.
Old Northeast
Bloomington
| Month | Median Rent |
|---|---|
| August 2024 | $1,207 |
| September 2024 | $1,254 |
| October 2024 | $1,309 |
| November 2024 | $1,298 |
| December 2024 | $1,301 |
| January 2025 | $1,297 |
| February 2025 | $1,298 |
| March 2025 | $1,278 |
| April 2025 | $1,280 |
| May 2025 | $1,215 |
| June 2025 | $1,011 |
| July 2025 | $1,047 |
| August 2025 | $1,025 |
| September 2025 | $1,050 |
| October 2025 | $1,091 |
| November 2025 | $1,001 |
| December 2025 | $1,019 |
| January 2026 | $1,031 |
| February 2026 | $1,108 |
| March 2026 | $1,099 |
| April 2026 | $1,192 |
| May 2026 | $1,241 |
| June 2026 | $1,199 |
| July 2026 | $1,201 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,399 |
| September 2024 | $1,331 |
| October 2024 | $1,364 |
| November 2024 | $1,299 |
| December 2024 | $1,299 |
| January 2025 | $1,304 |
| February 2025 | $1,316 |
| March 2025 | $1,365 |
| April 2025 | $1,399 |
| May 2025 | $1,399 |
| June 2025 | $1,399 |
| July 2025 | $1,399 |
| August 2025 | $1,041 |
| September 2025 | $1,019 |
| October 2025 | $1,235 |
| November 2025 | $1,319 |
| December 2025 | $1,349 |
| January 2026 | $1,349 |
| February 2026 | $1,320 |
| March 2026 | $1,299 |
| April 2026 | $1,299 |
| May 2026 | $1,209 |
| June 2026 | $1,124 |
| July 2026 | $1,191 |
Affordability calculator
Can I afford to live at 515 N Grant St?
Bedrooms
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
$71,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $71,960 annually to afford this 2-bedrooms monthly rent price of $1,799.
For more information on rent affordability, visit our rent calculator.
Schools near Downtown on Grant
Early Learning Center
401 east miller dr
bloomington, IN, 47401
PKPublic
University Elementary School
1111 n russell rd
bloomington, IN, 47408
PK, K-6Public
A
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Internet available near Downtown on Grant
Neighborhood
Old Northeast | Bloomington, IN
Getting around Bloomington near 515 N Grant St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample 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 515 N Grant St, Bloomington
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 515 N Grant St
Little Italy Market
421 E 3rd St
Bloomington Cooperative Services Inc
316 W 6th St
Bloomington Costley Co
1120 N Walnut St
Red Authentic Chinese Restaurant
1402 N Walnut St
Kroger
528 S College Ave
Indiana Shop
421 E Kirkwood Ave
Pitaya
417 E Kirkwood Ave
Lola Rue
114 N Walnut St
Chico's
102 N Walnut St
Urban Outfitters
530 E Kirkwood Ave
Revolution Bike & Bean
401 E 10th St
Crumble Coffee-Bakery at 10
532 N College Ave
Runcible Spoon
412 E 6th St
Parlor Doughnuts
322 E Kirkwood Ave
Soma Coffeehouse
322 E Kirkwood Ave
Yogi's
302 N Walnut St
Kilroy's Sports Bar
319 N Walnut St
La Una Cantina
254 N Walnut St
Big Woods Brewery Company
116 N Grant St
Video Saloon
105 W 7th St
Bloomington Bagel Co
238 N Morton St
Blu Boy Chocolate Cafe & Cakery
112 E Kirkwood Ave
The Peach Cobbler Factory
115 N College Ave
Wild AK Salmon & Seafood Co
316 W 6th St
Rainbow Bakery
201 S Rogers St
Dunn Meadow
People's Park
Recreation Ground
Park
Dunn Woods
Homey
306 N Walnut St
Papa Johns
415 N Walnut St
Yogi's
302 N Walnut St
Kilroy's Sports Bar
319 N Walnut St
La Una Cantina
254 N Walnut St
7th St & Grant St
6 Campus Shuttle, 10 East 10th / IU Health Hospital
7th St & Dunn St @ Poplars
6 Campus Shuttle
7th St and Dunn St
1 Fee Lane BHS North, 1 South Walnut / Clear Creek Shoppping Center, 6 Campus Shuttle
7th St & Washington St
2 West 11th St via Showers Complex, 6 Campus Shuttle
7th St & Walnut St
6 Campus Shuttle
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