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Location

509 N Walnut St, Bloomington, IN 47404, USA|Old Northeast

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Contact

Omega Properties

(812) 333-0995

Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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About 509 N Walnut St

HomeHouses in BloomingtonOld Northeast 509 N Walnut St, Bloomington, IN 47404, USA
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Sweet deal!
This listing is 38% below the median price for studio apartments in Old Northeast.

Located right off Walnut! A beautiful renovated stand alone studio with a bathroom Perks: -Stainless Steel Appliances -Quartz Countertops -Central Air Conditioning -Family Owned and Operated -24/7 Emergency Maintenance -Close to Campus, Restaurants, and Entertainment Parking: Private Parking Utilities: Water, Electric, and Wifi (All covered by tenant)


Address details

NeighborhoodOld Northeast
Zip code47404
TypeHouse for rent

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Rent trends in Old Northeast

studio apartments at 509 N Walnut St cost about 38% less than the average rent price for studio apartments in Old Northeast.

Median rents as of May 2 2026.
Old Northeast
Bloomington
A table of studio rental data trends in Bloomington
MonthMedian Rent
May 2024$1,165
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
May 2026$1,275
A table of studio rental data trends in Old Northeast
MonthMedian Rent
May 2024$1,438
June 2024$1,430
July 2024$1,305
August 2024$1,399
September 2024$1,331
October 2024$1,364
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$1,299

Affordability calculator

Can I afford to live at 509 N Walnut St?

Bedrooms

Studio

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

$32,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this studio monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.

Schools near 509 N Walnut St

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 509 N Walnut St

Getting around Bloomington near 509 N Walnut 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

5/10
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 509 N Walnut St, Bloomington

Groceries

8/10
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

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

4/10
At least one high school within a 20-minute walk

Nightlife

5/10
Some bars within a few minutes’ walk

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