505 E Locust St
Bloomington, IL 61701
- Studio
- 1 Bath
- 400 sqft
Studio
1 Bath
400 sqft
Local Information
-- mins to
Home Highlights
Property Type
Apartment
Living Area
400 sqft
About this House
505 E. Locust Bloomington, IL 61701
Efficiency Apartment $650/month
Unit Features:
Efficiency-style layout
Refrigerator & stove/oven provided
Heat pump with AC for year-round comfort
Durable vinyl flooring
Off-street parking
Shared yard space
Coin-operated laundry onsite
Pets welcome (+$30/mo, $250 non-refundable deposit)
Non-smoking property
Section 8 & housing vouchers accepted
Included in Rent:
Gas
Water
Trash
Tenant pays: Electric only
Screening Requirements:
$40 application fee (includes credit, criminal, and income verification)
Credit score 600+ (no evictions, late payments, collections, judgments, foreclosures, or bankruptcies within the last 7 years)
Income at least 2.5x monthly rent ($1,625/month)
Background Screening Requirements:
Applicants must pass a criminal background check. Any history involving serious offenses will be reviewed on a case-by-case basis, with an emphasis on ensuring a safe and respectful living environment for all residents.
How to Apply / Schedule a Showing:
Apartment Close to Illinois Wesleyan University
Efficiency Apartment $650/month
Unit Features:
Efficiency-style layout
Refrigerator & stove/oven provided
Heat pump with AC for year-round comfort
Durable vinyl flooring
Off-street parking
Shared yard space
Coin-operated laundry onsite
Pets welcome (+$30/mo, $250 non-refundable deposit)
Non-smoking property
Section 8 & housing vouchers accepted
Included in Rent:
Gas
Water
Trash
Tenant pays: Electric only
Screening Requirements:
$40 application fee (includes credit, criminal, and income verification)
Credit score 600+ (no evictions, late payments, collections, judgments, foreclosures, or bankruptcies within the last 7 years)
Income at least 2.5x monthly rent ($1,625/month)
Background Screening Requirements:
Applicants must pass a criminal background check. Any history involving serious offenses will be reviewed on a case-by-case basis, with an emphasis on ensuring a safe and respectful living environment for all residents.
How to Apply / Schedule a Showing:
Apartment Close to Illinois Wesleyan University
505 E Locust St, Bloomington, IL 61701 is a studio, 1 bathroom, 400 sqft apartment. More recently, it was listed as a rental in August 2025 with an asking price of $700 per month. That rental listing was removed on October 14, 2025. It is currently off market. The Trulia Estimate rent is $794/month.
Home Details for 505 E Locust St
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Property Type / Style Property Type: Apartment |
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Lease Term: Contact For Details |
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Appliances & Utilities Refrigerator |
Heating & Cooling Air ConditioningCooling System: Air Conditioner |
Levels, Entrance, & Accessibility Floors: Linoleum Vinyl |
Price History for 505 E Locust St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/14/2025 | $650 | ListingRemoved | Zillow Rentals |
| 08/20/2025 | $650 | PriceChange | Zillow Rentals |
| 08/13/2025 | $700 | Listed For Rent | Zillow Rentals |
| 06/25/2025 | $675 | ListingRemoved | Zillow Rentals |
| 06/09/2025 | $675 | Listed For Rent | Zillow Rentals |
| 11/07/2024 | $650 | ListingRemoved | Zillow Rentals |
| 11/01/2024 | $650 | Listed For Rent | Zillow Rentals |
| 09/25/2024 | $700 | ListingRemoved | Zillow Rentals |
| 09/18/2024 | $700 | Listed For Rent | Zillow Rentals |
| 07/27/2023 | ListingRemoved | Zillow Rentals | |
| 07/12/2023 | $575 | Listed For Rent | Zillow Rentals |
| 06/30/2023 | ListingRemoved | Zillow Rentals | |
| 06/23/2023 | $550 | Listed For Rent | Zillow Rentals |
| 06/23/2023 | ListingRemoved | Zillow Rentals | |
| 06/18/2023 | $525 | Listed For Rent | Zillow Rentals |
| 05/18/2023 | ListingRemoved | Zillow Rentals | |
| 05/08/2023 | $500 | Listed For Rent | Zillow Rentals |
| 02/13/2017 | $550 | ListingRemoved | Agent Provided |
| 02/11/2017 | $550 | PriceChange | Agent Provided |
| 02/01/2017 | $600 | Listed For Rent | Agent Provided |
| 09/22/2016 | $79,000 | ListingRemoved | Agent Provided |
| 08/08/2016 | $79,000 | Listed For Sale | Agent Provided |
| 05/07/2016 | $90,000 | ListingRemoved | Agent Provided |
| 11/18/2015 | $90,000 | Listed For Sale | Agent Provided |
Market trends in Bloomington
Last updated June 2026
Avg. sale price
$263K
$15KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$123
$7MoM
Available listings
213
20MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $4,087 |
| Assessment | $151,230 |
Home facts updated by county records
Comparable Sales for 505 E Locust St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Apartment | $150,000 | 01/13/26 | 1 | 1 | 2,432 | |
0.78 | Apartment | $105,000 | 12/22/25 | 2 | 1 | 800 | |
0.70 | Apartment | $232,000 | 01/16/26 | 2 | 1 | 1,200 | |
1.00 | Apartment | $215,000 | 04/30/26 | 2 | 1 | 800 | |
1.60 | Apartment | $640,000 | 01/13/26 | 2 | 2 | 1,200 | |
2.01 | Apartment | $200,000 | 02/12/26 | 4 | 3,600 | ||
2.23 | Apartment | $3,256,000 | 02/13/26 | 2 | 2 | 15,810 | |
3.06 | Apartment | $230,000 | 07/31/26 | 3 | 2 | 1,536 |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 505 E Locust St.
What Locals Say about Bloomington
At least 521 Trulia users voted on each feature.
91 % Say car is needed
91 % Say it's dog friendly
88 % Say parking is easy
84 % Say there are sidewalks
79 % Say yards are well-kept
77 % Say there's holiday spirit
73 % Say kids play outside
69 % Say people would walk alone at night
68 % Say streets are well-lit
68 % Say it's quiet
57 % Say neighbors are friendly
51 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
36 % Say it's walkable to restaurants
36 % Say it's walkable to grocery stores
34 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 505 E Locust St
Off Market Homes Near 505 E Locust St
Frequently asked questions about 505 E Locust St
- Is Bloomington a buyer's or seller's market?Bloomington is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Bloomington?The median sale price in Bloomington is $263K. That is up $15K from the prior month.
- What do residents say about Bloomington?Residents describe Bloomington, IL as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Bloomington, IL.
- What are the closest schools to 505 E Locust St?The closest schools to 505 E Locust St in Bloomington, IL are Bloomington High School (rated 3/10), Bloomington Jr High School (rated 5/10), Sheridan Elementary School (rated 2/10).
- Does 505 E Locust St have air conditioning?Yes, 505 E Locust St in Bloomington, IL has air conditioning.

