22 Hours Ago
Location
338 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 Valley MillsApartments for rent Chapel Hill - Ben DavisApartments for rent FranklinApartments for rent Five PointsApartments for rent CambyApartments for rent GreenfieldApartments for rent EagledaleApartments for rent AvonApartments for rent Old NortheastApartments for rent Downtown IndianapolisApartments for rent Near WestsideApartments for rent I65-South EmersonApartments Near Me
Houses for rent IndianapolisHouses for rent BloomingtonHouses for rent Near EastsideHouses for rent Near Northwest - RiversideHouses for rent Near SoutheastHouses for rent Terre HauteHouses for rent Downtown IndianapolisHouses for rent GreenwoodHouses for rent Martindale - BrightwoodHouses for rent SouthportHouses for rent EnglewoodHouses for rent EagledaleHouses for rent North Terre HauteHouses for rent IrvingtonHouses for rent AvonHouses for rent near me
Property Overview
Walnut Place II is a highly rated community (8.5/10 overall) with exceptional value for money, strong amenities, and a convenient location close to well-regarded elementary and middle schools. Its quiet setting, multiple internet provider options, nearby coworking-friendly cafés, abundant parks, and strong transit and walkability make it appealing for remote work, environmentally minded living, and an active social lifestyle, further supported by onsite parking and extensive nearby dining options.
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
- Dishwasher
Great for
Eco living
Work-from-home
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 635 sqft | $1,200–$1,400 /mo | 10 units available | Located downtown off Walnut! A 3rd floor spacious 1 bedroom 1 bathroom apartment Perks: -Washer and Dryer -Stainless Steel Appliances -Dishwasher -Balcony -Hardwood Floors -Central Air Conditioning -Family Owned and Operated -24/7 Emergency Maintenance -Close to Campus, Restaurants, and Entertainment Parking: Onsite parking available first come, first serve ($100/mo) Utilities Covered by Omega: Water, Trash, and Wifi Utilities Covered by Tenants: Electric | |
| 2BR/2.0BA | 2 bed | 2 bath | 850+ sqft | $1,500–$1,800 /mo | 4 units available | Located downtown off Walnut! A 2nd floor spacious 2 bedroom 2 bathroom apartment Perks: -Washer and Dryer -Stainless Steel Appliances -Dishwasher -Balcony -Hardwood Floors -Central Air Conditioning -Family Owned and Operated -24/7 Emergency Maintenance -Close to Campus, Restaurants, and Entertainment Parking: Onsite parking available first come, first serve ($100/mo) Utilities Covered by Omega: Water, Trash, and Wifi Utilities Covered by Tenants: Electric |
Let's explore this property.
Amenities for Walnut Place II
Apartment Amenities
| Balcony | Internet Access |
| Water Included |
Appliances
| Dishwasher | In-Unit Laundry |
Tech
| Internet Included |
Services
| Trash Removal 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 14 |
|---|
Advertisement
About Walnut Place II
Located downtown off Walnut! A 3rd floor spacious 1 bedroom 1 bathroom apartment Perks: -Washer and Dryer -Stainless Steel Appliances -Dishwasher -Balcony -Hardwood Floors -Central Air Conditioning -Family Owned and Operated -24/7 Emergency Maintenance -Close to Campus, Restaurants, and Entertainment Parking: Onsite parking available first come, first serve ($100/mo) Utilities Covered by Omega: Water, Trash, and Wifi Utilities Covered by Tenants: Electric
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Walnut Place II is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Walnut Place II 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·10A 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.
Walnut Place II offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
Walnut Place II goes above and beyond to provide sought-after conveniences and desirable perks, including trash removal included. Renters looking for popular or luxurious features will find them here—and for that reason, Walnut Place II 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.
Walnut Place II 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 Walnut Place II 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.
Walnut Place II 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.
Walnut Place II 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 Walnut Place II compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.0 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Outdoor space
- Easy access to the outdoors
Considerations
- Lacks images
- Fewer than 10 photos available for this location
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Bloomington
1-bedroom apartments here are priced 20% higher than 1-bedrooms in Bloomington.
If you decide to upgrade your space, you can expect 2-bedrooms at Walnut Place II to be 3% more than the average for similarly sized apartments in Bloomington.
Median rents as of Apr 25 2026.
Bloomington
| Month | Median Rent |
|---|---|
| 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 | $1,031 |
| February 2026 | $1,108 |
| March 2026 | $1,099 |
| April 2026 | $1,192 |
Affordability calculator
Can I afford to live at 338 S Walnut 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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near Walnut Place II
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
Advertisement
Internet available near Walnut Place II
Getting around Bloomington near 338 S Walnut St
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
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 338 S Walnut 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
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
No high schools within a 30-minute walk
Nightlife
5/10
Some bars within walking distance
Compare similar properties nearby
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher
- dogs and cats ok
- in-unit laundry
- dishwasher