Cheap Apartments for Rent in 47408
255 rentals
Use arrow keys to navigate$690 - $750/mo
Studio
1 BathPark North Apartments | 2622 N Walnut St #0B-1Ba-240Sqft,
Bloomington, IN 47408
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Use arrow keys to navigate$799 - $899/moStudio-1 Bed1 BathPark Ridge | 119-125 S Park Ridge Rd #caac55194,
Bloomington, IN 47408
$800 - $1,530/mo1-3 Beds1 BathStadium View I | 1300-1302 N Dunn St #0d40db122,
Bloomington, IN 47408
SPECIAL OFFERPET FRIENDLY$815 - $1,580/moStudio-3 Beds1-2 BathsTown & Country Apartments | 120 S Kingston Dr #8,
Bloomington, IN 47408
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$900 - $5,000/mo1-5 Beds1-3 BathsStudio Unit (One Block From Kirkwood!!) | 217 S Lincoln St #7,
Bloomington, IN 47408
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$925 - $4,250/mo1-5 Beds1-2 Baths416 North Lincoln Street | 416 N Lincoln St #3,
Bloomington, IN 47408
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NEW - 21 HRS AGO$999 - $1,099/moStudio-1 Bed1 Bath601 N. Walnut St. | 601 N Walnut St #943b79cd3,
Bloomington, IN 47408
SPECIAL OFFERPET FRIENDLY$1,025 - $1,165/mo1-2 Beds1 BathMeadow Park Apartments | Specials Available | 800 N Smith Rd #G-10,
Bloomington, IN 47408
SPECIAL OFFERPET FRIENDLY$1,025 - $1,660/moStudio-2 Beds1-2 BathsFountain Park Apartments | Specials Available | 3209 E 10th St #B-07,
Bloomington, IN 47408
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Average Rent Trends in 47408
Rent in 47408 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,500 |
| Jul 2025 | $2,700 |
| Aug 2025 | $2,800 |
| Sep 2025 | $2,934 |
| Oct 2025 | $2,682 |
| Nov 2025 | $2,640 |
| Dec 2025 | $2,700 |
| Jan 2026 | $2,700 |
| Feb 2026 | $2,650 |
| Mar 2026 | $2,800 |
| Apr 2026 | $2,650 |
| May 2026 | $2,600 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,063 | $1,749 | $2,397 | $4,100 | $2,550 |
| Townhomes | — | — | $3,300 | $5,511 | $5,000 |
| Apartments and Condos | $1,070 | $1,770 | $1,900 | $4,620 | $2,700 |
| Houses | — | $1,830 | $2,250 | $3,900 | $2,800 |
Frequently Asked Questions about Rentals in 47408
- What is the average rent of an apartment in 47408?The average rent of an apartment in 47408 is $1,889 per month. This is about 2% lower than the national average.
- What is the average rent of a house in 47408?The average rent of a house in 47408 is $2,800 per month. This is about 45% higher than the national average.
- What is the average rent of a townhome in 47408?The average rent of a townhome in 47408 is $5,000 per month. This is about 159% higher than the national average.
- When is the average rent cheapest in 47408?In the last year, the average rent in 47408 was lowest in Jan 2025 when it was $2,200 per month.
- When is the average rent most expensive in 47408?In the last year, the average rent in 47408 was highest in Sep 2025 when it was $2,934 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 47408?The average rent of a 1 bedroom apartment in 47408 is $1,050 per month. That is about $60 less than the cost of a studio apartment.
- How many available rental listings are in 47408?There are 266 available rental listings in 47408.
- What are some cities near 47408?Some nearby cities include: Unionville, Bloomington, Ellettsville, Stinesville, Nashville, Gosport. These cities may have more rental options to explore.