5+ Days Ago
Location
1503 S Walnut St, Bloomington, IN 47401, USA
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent IndianapolisApartments for rent BloomingtonApartments for rent GreenwoodApartments for rent Chapel Hill - Ben DavisApartments for rent Five PointsApartments for rent Old NortheastApartments for rent Valley MillsApartments for rent AvonApartments for rent CambyApartments for rent Downtown IndianapolisApartments for rent Near EastsideApartments for rent Near WestsideApartments for rent PlainfieldApartments for rent Southern DunesApartments for rent Elm HeightsApartments Near Me
Houses for rent IndianapolisHouses for rent Near EastsideHouses for rent Martindale - BrightwoodHouses for rent GreenwoodHouses for rent Downtown IndianapolisHouses for rent BloomingtonHouses for rent Near SoutheastHouses for rent Elm HeightsHouses for rent Terre HauteHouses for rent Southeast WarrenHouses for rent EastsideHouses for rent Key MeadowsHouses for rent Old NortheastHouses for rent Near Northwest - RiversideHouses for rent GreenfieldHouses for rent near me
Property Overview
The property at 1503 S. Walnut features renovated two-bedroom units and has received a Zumper expert rating of 7.7 out of 10, indicating it is a strong choice for renters. It offers a great balance of price and value with a price rating of 8 out of 10, while also standing out with an amenities rating of 8 and an impressive location rating of 9. Additionally, its trustworthiness rating of 7 reflects transparency in its offerings, positioning it well in the 78.38 percentile for value among local properties.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $885–$1,125 /mo | 2 units available | This charming single family home has been renovated to hold several one bedroom units. This unit is a spacious 1 bedroom with 1 bathroom. The property itself features plenty of private parking for tenants and guests, as well as a large yard surrounded by mature trees. Located on Walnut Street just a few blocks south of downtown, the home provides easy access to shops, restaurants, and the best of Bloomington Parks and Recreation, including the new Switchyard Park just across the street. No pets allowed. Unit provides refrigerator, oven, central a/c, lawncare, off-street parking and a shared washer/dryer in basement. FLAT MONTHLY UTILITY FEE OF $75 MONTHLY |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
Advertisement
About 1503 S. Walnut
This charming single family home has been renovated to hold several one bedroom units. This unit is a spacious 1 bedroom with 1 bathroom. The property itself features plenty of private parking for tenants and guests, as well as a large yard surrounded by mature trees. Located on Walnut Street just a few blocks south of downtown, the home provides easy access to shops, restaurants, and the best of Bloomington Parks and Recreation, including the new Switchyard Park just across the street. No pets allowed. Unit provides refrigerator, oven, central a/c, lawncare, off-street parking and a shared washer/dryer in basement. FLAT MONTHLY UTILITY FEE OF $75 MONTHLY
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.
7.7
/10
Very Good1503 S. Walnut is worth considering and a notable rental in the neighborhood. Residents prioritizing Location 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.
Price·8A 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.
Scoring a 8/10, 1503 S. Walnut is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 1503 S. Walnut 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.
1503 S. Walnut 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 1503 S. Walnut 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.
1503 S. Walnut 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.
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 1503 S. Walnut compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Bloomington
1-bedroom apartments at 1503 S. Walnut cost about 19% less than the average rent price for 1-bedroom apartments in Bloomington.
Median rents as of Jan 17 2026.
Bloomington
| Month | Median Rent |
|---|---|
| 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 | $1,050 |
| October 2025 | $1,091 |
| November 2025 | $1,001 |
| December 2025 | $1,019 |
| January 2026 | $1,013 |
Affordability calculator
Can I afford to live at 1503 S Walnut St?
Bedrooms
1 bedroomRent-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
$35,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,400 annually to afford this 1-bedroom monthly rent price of $885.
For more information on rent affordability, visit our rent calculator.
Schools near 1503 S. Walnut
Templeton Elementary School
1400 s brenda ln
bloomington, IN, 47401
PK, K-6Public
B
Advertisement
Internet available near 1503 S. Walnut
Getting around Bloomington near 1503 S Walnut St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate 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 1503 S Walnut St, Bloomington
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
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 20-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 1503 S Walnut St
Chop Shop
1915 S Walnut St
Kroger
528 S College Ave
Little Italy Market
421 E 3rd St
Bloomington Cooperative Services Inc
316 W 6th St
Bloomington Costley Co
1120 N Walnut St
Mainstream Boutique
215 S Walnut St
Andrew Davis Clothiers
101 W Kirkwood Ave
Elliemae's Boutique
101 W Kirkwood Ave
Mirth
101 W Kirkwood Ave
Tivoli Fashions
101 W Kirkwood Ave
Partridge & Quigley Coffee
1310 S Monon Dr
Soma Coffee House
581 E Hillside Dr
Starbucks
1921 S Walnut St
Hopscotch Coffee
235 W Dodds St
Inbloom Juicery LLC
116 E 3rd St
Feast Market & Cellar
407 W Patterson Dr
Bluetip
426 S College Ave
Back Door
207 S College Ave
The Atlas Ballroom
209 S College Ave
Serendipity Martini Bar
201 S College Ave
Feast Market & Cellar
407 W Patterson Dr
Kroger Bakery
528 S College Ave
Rainbow Bakery
201 S Rogers St
Blu Boy Chocolate Cafe & Cakery
112 E Kirkwood Ave
The Peach Cobbler Factory
115 N College Ave
Chop Shop
1915 S Walnut St
McDonald's
1919 S Walnut St
Feta Kitchen
600 E Hillside Dr
Feast Market & Cellar
407 W Patterson Dr
Southern Stone
405 W Patterson Dr
Miller Drive and Walnut St at Sassafras Hill Apartments
1 South Walnut / Clear Creek Shoppping Center
Grimes & Washington
1 South Walnut / Clear Creek Shoppping Center
Grimes & Walnut
1 South Walnut / Clear Creek Shoppping Center
Grimes & Lincoln
1 South Walnut / Clear Creek Shoppping Center
Miller @ Community Health
1 South Walnut / Clear Creek Shoppping Center
Compare similar properties nearby
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry