Cheap Homes for Rent in Downtown Bloomington IN Neighborhood of Bloomington, IN from $500 (51 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Bloomington IN area of Bloomington.

property at 517 S Rogers St

517 S Rogers St

BloomingtonIN47403
Showing Results 1-50, Page 1 of 2

Downtown Bloomington IN, Bloomington, IN Local Guide

Cheapest Available Downtown Bloomington IN Apartments for Rent

 

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

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
Heritage ApartmentsThe Persimmon1BR,1BA$795
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Union at Crescent1 Bed 1 Bath1BR,1BA$866
The Crossing at Pete Ellis1 Bedroom with Loft1BR,1BA$875
CedargateOne Bed One Bath1BR,1BA$899
Summit PointeWoodland1BR,1BA$900

Best Value Apartments for Rent in Downtown Bloomington IN, IN

As of April 15, 2025 the best value apartment in the Downtown Bloomington IN area is the $0.97 price per square foot 3 Bedroom 3 Bath on Amaryllis Model at Hoosier Court Apartments in the in the Downtown Bloomington IN neighborhood starting from $1,400. The second greatest value Downtown Bloomington IN apartment is the The Celer (per bed) Model at Stageyard starting at $1,095 with a $0.82 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Downtown Bloomington IN apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
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
The League Bloomington10 North 2x2 XL2BR,2BA$1.24
Sassafras Hill ApartmentsThe Miller2BR,1.5BA$0.83
Summit PointeThe Evergreen1BR,1BA$1.25
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25
Heritage ApartmentsThe Persimmon1BR,1BA$1.28
Kingston Manor1 Bedroom1BR,1BA$1.30

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Frequently Asked Questions about Downtown Bloomington IN

What type of rentals are currently available in Downtown Bloomington IN?

There are currently 277 Apartments for Rent in Downtown Bloomington IN, IN with pricing that ranges from $650 to $4,200. There are also 190 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Bloomington IN ranging from $550 to $10,500.

What is the current price range for Rental Homes in Downtown Bloomington IN?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Bloomington IN ranges from $550 to $10,500 with an average monthly rent of $4,411.

How much are larger Three and Four Bedroom Rentals in Downtown Bloomington IN?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Bloomington IN range from $950 to $4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $5,550. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $790.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.