Cheap Homes for Rent in Bloomington, IN from $500 (61 Rentals)

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property at 517 S Rogers St

517 S Rogers St

BloomingtonIN47403
Showing Results 1-50, Page 1 of 2

Bloomington, IN Local Guide

Cheapest Neighborhoods for Apartments in Bloomington, IN

Pricing Updated: 04/07/2025

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$55023

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 07, 2025 the best value apartment in the Bloomington 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 Bloomington 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 Bloomington 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
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
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25

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Frequently Asked Questions about Bloomington

What type of rentals are currently available in Bloomington?

There are currently 333 Apartments for Rent in Bloomington, IN with pricing that ranges from $575 to $4,500. There are also 265 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $550 to $10,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bloomington ranges from $550 to $10,500 with an average monthly rent of $4,313.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bloomington range from $950 to $4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 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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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.