Cheap Homes for Rent in Downtown Bloomington IN Neighborhood of Bloomington, IN from $600 (42 Rentals)

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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 Kingston Manor priced from $675. Vivo Living has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Downtown Bloomington IN apartments for rent in Bloomington, IN:

Apartment ListingModel NameBed/BathPriced From
Kingston ManorEfficiencyStudio,1BA$675
Vivo LivingVivo Living - Studios - AVAILABLE NOW Reduced r...Studio,1BA$699
Sunflower PlaceOne Bed1BR,1BA$790
Northcrest2 Bedroom2BR,1BA$815
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Union at Crescent1 Bed 1 Bath1BR,1BA$866
CedargateOne Bed One Bath1BR,1BA$899
The Crossing at Pete Ellis1 Bedroom1BR,1BA$900
Summit PointeThe Evergreen1BR,1BA$950
3 SquareJStudio,1BA$950

Best Value Apartments for Rent in Downtown Bloomington IN, IN

As of May 09, 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$0.88
Town and CountryTown and Country - 743BR,2BA$1.31
The League Bloomington10 North 2x2 XL2BR,2BA$1.24
1545 S Stone Dr, Unit stone Drive1545 S Stone Dr2BR,2BA$1.20
Heritage ApartmentsThe Tulip3BR,1BA$1.11
Summit PointeThe Evergreen1BR,1BA$1.25
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25

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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 294 Apartments for Rent in Downtown Bloomington IN, IN with pricing that ranges from $600 to $8,200. There are also 192 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Bloomington IN ranging from $695 to $9,850.

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 $695 to $9,850 with an average monthly rent of $4,956.

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 $910 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.