Heatherwood Affordable Homeownership in Bloomington, IN
At Heatherwood, we believe homeownership should be attainable, stable, and built for long-term success. Our professionally managed community in Bloomington, Indiana, offers an affordable alternative to the city's rising housing costs without giving up the benefits of ownership.
Choose the Home That Fits Your Budget
We offer a variety of home options tailored to your financial goals:
THE CLASSIC COLLECTION (Mid-Late 1990s): Well-maintained, reliable homes perfect for those seeking maximum affordability. Starting as low as $19,900!
THE MODERN COLLECTION (Early-Late 2000s): Enjoy more modern layouts and updated features with the perfect balance of space and price.
THE ELITE COLLECTION: Be the first to live in a brand-new build! Energy-efficient, modern finishes, and designed for today's lifestyle.
A Practical Path to Ownership
Monthly payments are often comparable to rent, while allowing you to build equity.
Own your home in as little as 7 years
Get started with as little as $1,500 down
Benefit from fixed ownership terms designed for long-term affordability
Why Choose Heatherwood
Strategic Location: Located at 3660 S Leonard Springs Rd, offering wooded views and an easy commute to downtown Bloomington and Indiana University.
Top-Rated Schools: Within the Monroe County Community School Corp (Grandview Elementary and Batchelor Middle School).
Modern Living: Open-concept layouts and spacious primary bedrooms available in our Modern and Elite collections.
Community Amenities: Professional on-site management, playground, picnic area, and a clubhouse for residents.
Start Building Your Future Today
Heatherwood offers a clear path forward to owning a home in Bloomington. Our team is available to help you explore our collections and financing options.
Equal Housing Opportunity
Apartment for rent
$973+/mo
Fees may apply
Heatherwood, 3660 S Leonard Springs Rd, Bloomington, IN 47403
3beds
1,252sqft
Price may not include required fees and charges. Learn more|
Apartment
Available now
Cats, small dogs OK
Central air, ceiling fan
In unit laundry
None parking
Electric, natural gas
What's special
Open-concept layoutsSpacious primary bedroomsWooded viewsPicnic area
- 163 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Travel times

Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Natural Gas
Cooling
- Central Air, Ceiling Fan
Appliances
- Included: Dishwasher, Dryer, Freezer, Oven, Refrigerator, WD Hookup, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), WD Hookup
- Flooring: Carpet, Hardwood, Laminate, Linoleum/Vinyl
Interior area
- Total interior livable area: 1,252 sqft
Property
Parking
- Parking features: Contact manager
Features
- Patio & porch: Deck
- Exterior features: Easy Commute to Indianapolis, Flexible Leasing and Financing Options, Flooring: Laminate, Heating: Electric, Heating: Gas, Lawn, Modern Kitchen with Updated Appliances, More Than One Year Lease, New and Pre-Owned Homes Available, On-Site Management, Online Rent Payment, Picnic Area, Private Driveway or Street Parking., Smoking allowed, Spacious Primary Bedroom, Top Rated School District, View Type: Park, View Type: Wooded
- Has view: Yes
- View description: Park View
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Building
Details
- Building name: Heatherwood
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Clubhouse, Playground
Location
- Region: Bloomington
Financial & listing details
- Lease term: More Than One Year Lease
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Price change | $973-15.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/25/2026 | Price change | $1,155-14.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/22/2026 | Listed for rent | $1,355$1/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: 47403
Nearby schools
GreatSchools rating
- 5/10Grandview Elementary SchoolGrades: PK-6Distance: 1.5 mi
- 7/10Lora L Batchelor Middle SchoolGrades: 7-8Distance: 2.2 mi
- 9/10Bloomington High School NorthGrades: 9-12Distance: 5.3 mi
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