3 Square
916 N College Ave,
Bloomington, IN 47404
$950
Studio
Vibrant Downtown Bloomington is much more than a college town -- but Indiana University Bloomington provides plenty to cheer about. In addition to cheering on the Hoosiers at Memorial Stadium, the university is home to the Indiana University Arboretum, Dunn Meadow, and Dunn's Woods. Other attractions in Downtown Bloomington include the WonderLab Science Museum, the Monroe County History Center, and the Ivy Tech John Waldron Arts Center.
There's always something happening in Downtown Bloomington, from live music at nightclubs to festivals like Arts Fair on the Square, the Limestone Comedy Festival, the Bloomington Craft Beer Festival, and the 4th Street Festival of the Arts. Downtown is home to the state's largest farmers' market, the Bloomington Community Farmers' Market, held June to September. Walkable and bicycle-friendly, Downtown Bloomington offers a variety of walking and biking trails. The B-Line Trail is a paved trail that extends through downtown and features several fitness stations as well as human/pet drinking fountains.
As of January 2026, the average apartment rent in Downtown Bloomington IN is $985 for a studio, $1,071 for one bedroom, $1,448 for two bedrooms, and $2,108 for three bedrooms. Apartment rent in Downtown Bloomington IN has increased by 0.4% in the past year.
Studio
381 sq ft
Average Sq Ft
$985/month
Average Rent
1 BR
592 sq ft
Average Sq Ft
$1,071/month
Average Rent
2 BR
948 sq ft
Average Sq Ft
$1,448/month
Average Rent
3 BR
1,349 sq ft
Average Sq Ft
$2,108/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.