Zumper
modified
Updated 7 Hours Ago

Highlights

  • Pet Friendly
  • Clubhouse
  • Modern amenities
  • On-site management
  • Sparkling heated pool
  • Concierge package service
  • Pool tables

Location

531 N College Ave, Bloomington, IN 47404, USA
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Contact

Management

Waters Edge Apartments

Leasing office

(812) 339-8777

Property Overview

Studio 531 offers a strong mix of value, convenience, and amenities, with a 7.6 Zumper Expert Rating supported by especially high marks for amenities and location. It includes features like a clubhouse, heated pool, concierge package service, on-site management, and pool tables, while also standing out for pet-friendly and work-from-home-friendly qualities, plus 16 photos and nearby schools.

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.

Zumper Expert Rating

7.6
Very Good
Studio 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 Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • High school nearby
  • Dishwasher
  • Images Available

Great for

  • Work-from-home
  • Pet owners

Floor plans

Studio B - 1 Bath "Square" with BalconyStudio1 bath474 sqft$1,619 /mo1 unit availableLIMITED TIME SPECIAL PRICING! -- special pricing is posted! Call today! 812.339.8777

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Amenities for Studio 531

Apartment Amenities

10' CeilingsBalcony
Open Floor PlanOverhead Microwave
Washer/Dryer Hookups

Appliances

All Appliances IncludedDishwasher
In-Unit LaundryRange (Electric)
RefrigeratorWasher and Dryer

Tech

Internet Included

Building

Cats OKDogs OK
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
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units31
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About Studio 531

HomeApartments in Bloomington Studio 531

STUDIOS + 1 BED LUXURY FLATS DOWNTOWN NEAR CAMPUS! Resort-Style Living at the Social Heart of Bloomington WELL-BALANCED LAYOUTS, ELEVATED FINISHES Studio 531 offers exclusively studio and 1 bedroom residences with a clean, modern aesthetic. Select floor plans feature private balconies, kitchen islands, eat-at kitchen bars, and floor-to-ceiling windows. All residences include granite countertops and soaring 10-foot ceilings, creating bright, open living spaces. Residences are fully equipped with stainless steel appliances including an electric range, refrigerator, dishwasher, microwave-hood, and in-unit washer and dryer. Studio 531 is a pet-friendly community, allowing up to 2 cats or small dogs per apartment. MODERN AMENITIES TO MAKE YOU HAPPY, HEALTHY + AT HOME Our residents enjoy access to the largest residential fitness center downtown with professional-grade equipment, a private rooftop lounge with grills, a sparkling heated pool, a clubhouse with ping pong, pool tables, + too many TVs to count, a 24/7 study lounge, concierge package service, and on-site management. Studio 531 is a controlled-access building with state of the art video security system. STEPS FROM CAMPUS + YOUR DOWNTOWN FAVORITES Located on the near northwest side of downtown Bloomington, Studio 531 places you just blocks from the Indiana University campus and moments from Kilroy’s, Showers Plaza, Yogi’s, Brother’s Bar & Grill and other downtown staples. BUILT-IN COMMUNITY Studio 531 is a part of the Tenth & College Campus, a full city block of Cedarview-managed residences, designed to be secure, connected, and welcoming. Residents enjoy weekly Waffle Wednesdays and Fur Baby Fridays, along with seasonal community events including IU football watch parties and Breakfast Club tailgates with complimentary food, raffles, and more! Studio 531 is also steps from the Cedarview office, providing a friendly, on-site resource just steps away for day-to-day support and resident needs.


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.
7.6
/10
Very Good
Studio 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 Quality, but it offers a satisfying, above-average quality of life.
How we rated Studio 531
Price·7A 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.
While the monthly rent is more than the median price per bedroom of nearby properties, Studio 531 has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
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 pets allowed. 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·7A 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.
Studio 531 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Studio 531 is great for:

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • 3 office supply stores within 1 mile
  • 3 internet service provider options nearby

Pet owners

  • Outdoor spaces are available at this property
  • 6 pet supply stores near the property

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

High school nearby
There is a high school 1 mile away
Dishwasher
Dishwasher available in kitchen
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 54% more than the average rent price for studio apartments in Bloomington.

Median rents as of Aug 29 2026.
Bloomington
A table of studio rental data trends in Bloomington
MonthMedian Rent
September 2024$1,273
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$1,200
August 2026$1,148

Affordability calculator

Can I afford to live at 531 N College Ave?

Bedrooms

Studio

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

$64,760/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,760 annually to afford this studio monthly rent price of $1,619.
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

Early Learning Center

401 east miller dr

bloomington, IN, 47401

PKPublic
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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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