Updated 1 Hour Ago
Location
400 W 2nd St, Bloomington, IN 47403, USA|Prospect Hill
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Property Overview
400 W 2nd earns strong marks overall, with a 7.5 expert rating, excellent amenities, and a highly convenient location. It stands out for work-from-home potential, easy access to dining and parks, walkability, and a neighborhood with diverse age groups 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.
Things you’ll love
Middle school nearby- Elementary school nearby
Great for
Work-from-home
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 780 sqft | $550 /mo | 1 unit available | Home Features: 1 Bedroom, 1 Bathroom, Wall A/C, Refrigerator and Oven/Stove Community Amenities: Off Street Parking, Lawn Care, Trash and Snow Removal Provided Pet Policy: Pets Not Welcome Unless ESA Utilities: Tenant Responsible for Electric and cable/internet Located in the 47403 Zip Code |
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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 | 24 |
|---|
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About 400 W 2nd
Home Features: 1 Bedroom, 1 Bathroom, Wall A/C, Refrigerator and Oven/Stove Community Amenities: Off Street Parking, Lawn Care, Trash and Snow Removal Provided Pet Policy: Pets Not Welcome Unless ESA Utilities: Tenant Responsible for Electric and cable/internet Located in the 47403 Zip Code
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.
7.1
/10
Very Good400 W 2nd 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·6A 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.
400 W 2nd is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
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, 400 W 2nd 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.
400 W 2nd 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 400 W 2nd 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.
400 W 2nd 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.
400 W 2nd 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 400 W 2nd compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1.2 miles away
- Elementary school nearby
- There is an elementary school 0.3 miles away
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Prospect Hill
1-bedroom apartments at 400 W 2nd cost about 35% less than the average rent price for 1-bedroom apartments in Prospect Hill.
Median rents as of Oct 3 2026.
Prospect Hill
Bloomington
| Month | Median Rent |
|---|---|
| October 2024 | $1,232 |
| November 2024 | $1,246 |
| December 2024 | $1,271 |
| January 2025 | $1,310 |
| February 2025 | $1,301 |
| March 2025 | $1,264 |
| April 2025 | $1,212 |
| May 2025 | $1,191 |
| June 2025 | $1,099 |
| July 2025 | $1,150 |
| August 2025 | $1,083 |
| September 2025 | $1,022 |
| October 2025 | $1,095 |
| November 2025 | $1,074 |
| December 2025 | $1,096 |
| January 2026 | $1,088 |
| February 2026 | $1,072 |
| March 2026 | $1,083 |
| April 2026 | $1,071 |
| May 2026 | $999 |
| June 2026 | $1,026 |
| July 2026 | $1,013 |
| August 2026 | $1,001 |
| September 2026 | $1,028 |
| October 2026 | $1,160 |
| Month | Median Rent |
|---|---|
| February 2025 | $695 |
| March 2025 | $925 |
| April 2025 | $966 |
| May 2025 | $995 |
| June 2025 | $976 |
| July 2025 | $912 |
| February 2026 | $750 |
| March 2026 | $778 |
| April 2026 | $750 |
| May 2026 | $874 |
| June 2026 | $945 |
| July 2026 | $959 |
| August 2026 | $973 |
| September 2026 | $959 |
| October 2026 | $850 |
Affordability calculator
Can I afford to live at 400 W 2nd 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
$22,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $22,000 annually to afford this 1-bedroom monthly rent price of $550.
For more information on rent affordability, visit our rent calculator.
Schools near 400 W 2nd
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 400 W 2nd
Getting around Bloomington near 400 W 2nd St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 400 W 2nd St, Bloomington
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
9/10
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
4/10
Some bars within walking distance
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