4 Days Ago
Location
531 N College Ave, Bloomington, IN 47404, USA
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Property Overview
STUDIO 531 presents a compelling rental opportunity, reflected in its Zumper expert rating of 7.1 out of 10 and high marks for amenities and location, both at 9 out of 10. With an impressive 21 photos, the property showcases its desirable floor-to-ceiling windows and offers features conducive to a productive work-from-home environment. Additionally, its trustworthiness rating of 8 out of 10 underscores the transparency and reliability in its representation to potential renters.
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
More space- Images Available
- Outdoor space
Great for
Work-from-home
Floor plans
| Studio 531 - Studio A - 1 Bath "Rectangle" | Studio | 1 bath | 435 sqft | $1,283–$1,414 /mo | 5 units available | ||
| Studio B - 1 Bath "Square" with Balcony | Studio | 1 bath | 474 sqft | $1,619 /mo | 1 unit available | LIMITED TIME SPECIAL PRICING! -- special pricing is posted! Call today! 812.339.8777 | |
| Studio 531 - 1 Bed, 1 Bath | 1 bed | 1 bath | 1,056 sqft | $2,431–$2,746 /mo | 2 units available | TOP FLOOR! Extraordinary, Extra large... corner 1 bed loft with floor to ceiling windows. |
Let's explore this property.
Amenities for STUDIO 531
Apartment Amenities
| 10' Ceilings | Balcony |
| Floor-To-Ceiling Windows | Granite Counters |
| Kitchen Island | Open Floor Plan |
| Overhead Microwave | Sleeping Nook |
| Washer/Dryer Hookups |
Appliances
| All Appliances Included | Dishwasher |
| In-Unit Laundry | Range (Electric) |
| Refrigerator | Washer and Dryer |
Tech
| Internet Included |
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
Contact for more information on pet policy.
Building details
Property details
| Units | 31 |
|---|
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About STUDIO 531
- LIMITED TIME SPECIAL PRICING! -- special pricing is posted! Call today! 812.339.8777- TOP FLOOR! Extraordinary, Extra large... corner 1 bed loft with floor to ceiling windows.
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.
7.1
/10
Very GoodSTUDIO 531 is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
Price·5A 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.
Monthly rent at STUDIO 531 is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·9A 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.
STUDIO 531 goes above and beyond to provide sought-after conveniences and desirable perks, including 10' ceilings. Renters looking for popular or luxurious features will find them here—and for that reason, STUDIO 531 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
STUDIO 531 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 STUDIO 531 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.
STUDIO 531 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 STUDIO 531 compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 364 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
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Rent trends in Bloomington
Studio apartments at STUDIO 531 cost about 45% more than the average rent price for studios in Bloomington.
1-bedroom apartments here are priced 141% higher than 1-bedrooms in Bloomington.
Median rents as of Sep 6 2025.
Bloomington
| Month | Median Rent |
|---|---|
| September 2023 | $1,201 |
| October 2023 | $1,246 |
| November 2023 | $1,286 |
| December 2023 | $1,220 |
| January 2024 | $1,132 |
| February 2024 | $1,105 |
| March 2024 | $1,292 |
| April 2024 | $1,305 |
| May 2024 | $1,170 |
| June 2024 | $1,184 |
| July 2024 | $1,165 |
| 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 | $999 |
Affordability calculator
Can I afford to live at 531 N College Ave?
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
$58,040/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,040 annually to afford this studio median monthly rent price of $1,451.
For more information on rent affordability, visit our rent calculator.
Schools near STUDIO 531
Fairview Elementary School
627 w 8th st
bloomington, IN, 47404
PK, K-6Public
B
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Internet available near STUDIO 531
Getting around Bloomington near 531 N College Ave
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
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 531 N College Ave, Bloomington
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
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 30-minute walk
Nightlife
5/10
Some bars within walking distance
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