
Cheap Homes for Rent in Bloomington, MN from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Bloomington.


9400 Old Cedar Ave S, Unit 105

4575 W 80th Street Cir, Unit #238

6328 Barrie Rd

7601 Aldrich Ave S, Unit 301

6615 Lake Shore Dr S, Unit #900

4488 Cinnamon Ridge Trl

10929 Quebec Ave S, Unit 10929

4101 Parklawn Ave, Unit 311
Bloomington
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
Bloomington, MN Local Guide

How much does it cost to rent a home in Bloomington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Bloomington 2 Bedroom Homes for Rent | $2,010 | $1,650 | $2,995 |
Bloomington 3 Bedroom Homes for Rent | $2,275 | $1,750 | $2,700 |
Bloomington 4 Bedroom Homes for Rent | $2,847 | $2,150 | $4,297 |
Bloomington 5 Bedroom Homes for Rent | $3,260 | $2,700 | $3,995 |
Browse Top Homes for Rent in Bloomington
Explore Bloomington
Bloomington, MN Local Guide
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Cheapest Neighborhoods for Apartments in Bloomington, MN
Pricing Updated: 04/08/2025Current apartment rentals in the Bloomington, MN 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Normandale Lake | $2,982 | $1,165 | 100 |
Cheapest Available Bloomington Apartments for Rent
 The cheapest available apartment rental in Bloomington, MN is a Studio unit found at South Pointe in the Southwest Richfield neighborhood priced from $965. Richlyn Apartments in the Armatage neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $987. Here is today’s list of the most affordable Bloomington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
South Pointe | The Port | Studio,1BA | $965 |
Richlyn Apartments | 0BR/1.0BA | Studio,1BA | $987 |
Nicollet Court | 1.1bed | 1BR,1BA | $995 |
Best Value Apartments for Rent in Bloomington, MN
As of April 08, 2025 the best value apartment in the Bloomington area is the $1.13 price per square foot 2 Bedroom - Market Model at Grande Market Place in the in the Heart of the City neighborhood starting from $1,662. The second greatest value Bloomington apartment is the Toulouse Model at France 98 starting at $1,731 with a $1.28 price per square foot in the Bloomington West neighborhood. Here is today’s list of the best values for Bloomington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Grande Market Place | 2 Bedroom - Market | 2BR,2BA | $1.13 |
France 98 | Toulouse | 2BR,2BA | $1.28 |
Blooming Meadows North | 2 Bedroom | 2BR,1BA | $1.30 |
Upper Post Flats | Two Bedroom Townhome - 2U | 2BR,1BA | $1.23 |
The Arbors | 1.1+den | 1BR,1BA | $1.13 |
Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.30 |
Southview Estates | 1 Bedroom | 1BR,1BA | $1.37 |
Richland Court | The Lucas | 2BR,1BA | $1.26 |
Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.29 |
The Bluffs of Burnsville | 1 BR | 1BR,1BA | $1.33 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Bloomington
What type of rentals are currently available in Bloomington?
There are currently 438 Apartments for Rent in Bloomington, MN with pricing that ranges from $965 to $11,816. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $1,050 to $4,297.
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 $1,050 to $4,297 with an average monthly rent of $2,378.
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 $1,575 to $8,934, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,495.
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.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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.

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.

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.