5+ Days Ago
Location
116 E 3rd St, Bloomington, IN 47401, USA
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Property Overview
116 East 3rd Street offers an impressive amenities package (8/10) and an exceptional location (9/10), delivering convenience to transportation, schools, and key destinations for an elevated daily experience. The property features an open concept layout and a transparent, detailed listing (trustworthiness 7/10), while nearby highly rated elementary and middle schools add to its overall appeal, even though some aspects may not be ideal for every renter.
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
Elementary school nearby- Middle school nearby
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,300–$2,050 /mo | 2 units available | Welcome to this gorgeous studio in the heart of downtown Bloomington! This apartment has a nice sized bedroom as well as an open concept. Perfect for a college student or any individual who loves Bloomington's night life. Also comes with washer and dryer, one parking spot, and a private balcony! | ||
| 4BR/4.0BA | 4 bed | 4 bath | $3,800 /mo | 2 units available | Welcome to this spacious apartment right in the heart of downtown Bloomington! This home offers a huge open concept with the living room and kitchen. Spacious bedrooms all with en-suite bathrooms. This property will go quickly, don’t miss out! |
Let's explore this property.
Amenities for 116 East 3rd Street
Neighborhood
| Zone 5 (Campus-Fri) |
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
Building details
Property details
| Units | 4 |
|---|
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About 116 East 3rd Street
Welcome to this gorgeous studio in the heart of downtown Bloomington! This apartment has a nice sized bedroom as well as an open concept. Perfect for a college student or any individual who loves Bloomington's night life. Also comes with washer and dryer, one parking spot, and a private balcony!
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.
6.8
/10
Good116 East 3rd Street 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 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 116 East 3rd Street 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·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, 116 East 3rd Street 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.
116 East 3rd Street 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 116 East 3rd Street 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.
116 East 3rd Street 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.
116 East 3rd Street 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 116 East 3rd Street compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Priced higher than average
- 1-bedrooms are $101 more than the median rent in this area
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Rent trends in Bloomington
1-bedroom apartments here are priced 27% higher than 1-bedrooms in Bloomington.
4-bedroom apartments at 116 East 3rd Street cost about 25% more than the average rent price for 4-bedroom apartments in Bloomington.
Median rents as of Jun 20 2026.
Bloomington
| Month | Median Rent |
|---|---|
| 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 | $1,031 |
| February 2026 | $1,108 |
| March 2026 | $1,099 |
| April 2026 | $1,192 |
| May 2026 | $1,241 |
| June 2026 | $1,203 |
Affordability calculator
Can I afford to live at 116 E 3rd 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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 1-bedroom monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Schools near 116 East 3rd Street
Early Learning Center
401 east miller dr
bloomington, IN, 47401
PKPublic
Rogers Elementary School
2200 e 2nd st
bloomington, IN, 47401
K-2Public
B+
Binford Elementary School
2300 e second st
bloomington, IN, 47401
PK, K-6Public
A
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Internet available near 116 East 3rd Street
Getting around Bloomington near 116 E 3rd St
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 116 E 3rd St, Bloomington
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
5/10
Some bars within a few minutes’ walk
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