Updated 5+ Days Ago
Highlights
Pet Friendly
Location
316 N Washington St, Bloomington, IN 47408, USA|Old Northeast
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Property Overview
Washington Terrace earns a strong overall rating, with especially high marks for price, amenities, location, and quality, plus recently updated units that add to its appeal. It also stands out for having nearby schools, 18 photos for a clearer look, good value for money, and convenient pet-related services in the area.
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
Middle school nearby- Less expensive
- Elementary school nearby
Great for
Pet owners
Floor plans
| Updated Studio Apartment located Downtown! | Studio | 1 bath | $945 /mo | 1 unit available | |||
| Updated 1 Bedroom located Downtown! | 1 bed | 1 bath | 400 sqft | $1,199 /mo | 1 unit available | ||
| Updated 2 Bedroom located Downtown! | 2 bed | 1 bath | $1,899 /mo | 1 unit available |
Let's explore this property.
Amenities for Washington Terrace
Apartment Amenities
| Newly Remodeled |
Appliances
| In-Unit Laundry | Stainless Steel Appliances |
Tech
| Wireless Internet |
Building
| Cats OK | Controlled Building |
| Dogs OK | Onsite Laundry |
Grounds
| Onsite Parking Option |
Services
| On-Site Maintenance |
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
| Units | 19 |
|---|
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About Washington Terrace
These beautiful recently updated units are ones that can't be beat! Located in Downtown close to many popular restaurants & Bloomington's night life. To make this place even better you are only a quick walk to campus. This unit has an unbeatable location and look, call us today to tour your new home!
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Washington Terrace is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Washington Terrace 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.
Washington Terrace 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·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.
Washington Terrace 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, Washington Terrace 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.
Washington Terrace 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·9A 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.
Washington Terrace has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
Washington Terrace 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.
Washington Terrace 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 Washington Terrace compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1.0 miles away
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.4 miles away
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
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Rent trends in Old Northeast
Studio apartments at Washington Terrace cost about 23% less than the average rent price for studios in Old Northeast.
1-bedroom apartments here are priced 9% higher than 1-bedrooms in Old Northeast.
If you decide to upgrade your space, you can expect 2-bedrooms at Washington Terrace to be 7% more than the average for similarly sized apartments in Old Northeast.
Median rents as of Oct 10 2026.
Old Northeast
Bloomington
| Month | Median Rent |
|---|---|
| October 2024 | $1,299 |
| 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 |
| September 2026 | $1,099 |
| October 2026 | $1,272 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,299 |
| 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 | $1,206 |
| August 2026 | $1,249 |
| September 2026 | $1,224 |
| October 2026 | $1,224 |
Affordability calculator
Can I afford to live at 316 N Washington 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
$37,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,800 annually to afford this studio monthly rent price of $945.
For more information on rent affordability, visit our rent calculator.
Schools near Washington Terrace
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 Washington Terrace
Neighborhood
Old Northeast | Bloomington, IN
Getting around Bloomington near 316 N Washington St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
4/10
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 316 N Washington St, Bloomington
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
7/10
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
3/10
No high schools within a 30-minute walk
Nightlife
5/10
Some bars within walking distance
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