Cheap Apartments for Rent in Bloomington, IN from $300 (133 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bloomington.

property at 615 W 6th St

615 W 6th St

BloomingtonIN47404
property at 7219 W Susan St

7219 W Susan St

BloomingtonIN47404
property at 612 S Fess Ave

612 S Fess Ave

BloomingtonIN47401
property at 802 W 7th St

802 W 7th St

BloomingtonIN47404
property at 412 E 2nd St

412 E 2nd St

BloomingtonIN47401
property at 710 N Lincoln St

710 N Lincoln St

BloomingtonIN47408
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Bloomington, IN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Bloomington, IN

Pricing Updated: 04/12/2025

Current apartment rentals in the Bloomington, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Bloomington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Bloomington IN$9,850$55020

Cheapest Available Bloomington Apartments for Rent

 

The cheapest available apartment rental in Bloomington, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $699. Northcrest in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Bloomington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Studios - AVAILABLE NOW Reduced r...Studio,1BA$699
Northcrest1 Bedroom1BR,1BA$700
Kingston Manor1 Bedroom1BR,1BA$730
Sunflower II1 Bed, 1 bath1BR,1BA$790
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$799
Union at Crescent1 Bed 1 Bath1BR,1BA$866
The Crossing at Pete Ellis1 Bedroom with Loft1BR,1BA$875
Woodland Springs2 Bedroom2BR,1BA$890
CedargateOne Bed One Bath1BR,1BA$899
Summit PointeWoodland1BR,1BA$900

Best Value Apartments for Rent in Bloomington, IN

As of April 13, 2025 the best value apartment in the Bloomington area is the $0.80 price per square foot 3 Bed 1.5 Bath Without Garage Model at Millennium Apartments in the in the Downtown Bloomington IN neighborhood starting from $1,195. The second greatest value Bloomington apartment is the 3 Bedroom 3 Bath on Amaryllis Model at Hoosier Court Apartments starting at $1,400 with a $0.97 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Bloomington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Millennium Apartments3 Bed 1.5 Bath Without Garage3BR,1.5BA$0.80
Hoosier Court Apartments3 Bedroom 3 Bath on Amaryllis3BR,3BA$0.97
StageyardThe Celer (per bed)3BR,3BA$0.82
Urban StationThe Vertex (per bed)3BR,3BA$0.92
THIRDTHIRD - The Knight - Bedroom A w/ Attached Bath...3BR,2BA$0.54
Hazel Briar CourtRose2BR,2BA$1.13
Heritage ApartmentsThe Tulip3BR,1BA$1.11
Brandon CourtTwo Bed One Bath2BR,1BA$1.16
Woodland Springs2 Bedroom2BR,1BA$1.06
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.08

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Bloomington Overview

Home to unviersities, plenty of natural scenery and a welcoming, cheerful ambiance all its own, Bloomington is a premium slice of mid-western real estate that is in demand and well worthy of your consideration. Designated as a 'Tree City USA', this botanical hot spot is a gem of the Indiana scene.

Why live in Bloomington, IN?

Harkening back to a quaint, old-time quality of mid-western life, Bloomington rentals make an ideal option for anyone eager to discover all that Indiana has in store. From impressive floral beauty to much in the way of nightlife and shopping, this relaxed cityscape is the perfect place to attend school or raise a family.

Pet Friendly Lifestyle
Bloomington, IN

Ranked #64

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Bloomington, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Bloomington, IN Rentals by Map

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See the most popular apartments and homes in Bloomington, IN

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Getting Around Bloomington, IN

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

19 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Bloomington Apartments

What is the Cheapest Studio apartment in Bloomington?

Currently the most affordable Cheap Studio Apartment in Bloomington is at Vivo Living listed at $699.

How much is rent for a Cheap One Bedroom Bloomington Apartment?

The lowest price for a Cheap One Bedroom Bloomington Apartment is $700 at Northcrest.

What is the lowest price for a Cheap Two Bedroom Bloomington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bloomington is starting from $799 at Continental Terrace.

What is the most affordable Bloomington Three Bedroom Apartment?

The best deal on a cheap Bloomington Three Bedroom Apartment rental is at Kingston Manor and starts from $945.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.