
Cheap Homes for Rent in Bloomington, MN from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Bloomington.


4101 Parklawn Ave

6328 Barrie Rd

7601 W 101st St, Unit 115
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.

7601 Aldrich Ave S, Unit 301

7330 York Ave S

4488 Cinnamon Ridge Trl

4488 Cinnamon Ridge Trail
Bloomington - One of the Best Affordable Neighborhoods in Minneapolis
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 | $1,816 | $1,595 | $2,300 |
Bloomington 3 Bedroom Homes for Rent | $2,178 | $1,700 | $2,840 |
Bloomington 4 Bedroom Homes for Rent | $2,944 | $2,150 | $3,999 |
Bloomington 5 Bedroom Homes for Rent | $3,635 | $2,700 | $4,500 |
Browse Top Homes for Rent in Bloomington
Explore Bloomington
Bloomington, MN Local Guide
- Bloomington Neighborhoods
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Cheapest Neighborhoods for Apartments in Bloomington, MN
Pricing Updated: 04/29/2025Current 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 | 81 |
Cheapest Available Bloomington Apartments for Rent
 The cheapest available apartment rental in Bloomington, MN is a Studio unit found at Richlyn Apartments in the Armatage neighborhood priced from $925. Heritage Hills in the Bloomington West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Bloomington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Richlyn Apartments | 0BR/1.0BA | Studio,1BA | $925 |
Heritage Hills | 1 Bedroom A | 1BR,1BA | $995 |
Carriage Manor Apartments | 1BR/1BA | 1BR,1BA | $995 |
Best Value Apartments for Rent in Bloomington, MN
As of April 29, 2025 the best value apartment in the Bloomington area is the $1.36 price per square foot 12916 Harmony Cir Model at 12916 Harmony Cir, Unit Basement in the in the Vista View neighborhood starting from $1,900. The second greatest value Bloomington apartment is the Toulouse Model at France 98 starting at $1,822 with a $1.34 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. |
---|---|---|---|
12916 Harmony Cir, Unit Basement | 12916 Harmony Cir | 2BR,1BA | $1.36 |
France 98 | Toulouse | 2BR,2BA | $1.34 |
Blooming Meadows North | 2 Bedroom | 2BR,1BA | $1.30 |
Upper Post Flats | Two Bedroom Townhome - 2U | 2BR,1BA | $1.23 |
Silver Bell Apartments | 2 Bedroom 1 and Half Bath | 2BR,1.5BA | $1.39 |
The Hamilton 55+ Senior Apartments | C | 2BR,2BA | $1.35 |
Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.30 |
Richland Court | The Lucas | 2BR,1BA | $1.30 |
Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.29 |
Lynn Court | Itasca | 1BR,1BA | $1.41 |
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 440 Apartments for Rent in Bloomington, MN with pricing that ranges from $925 to $11,178. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $1,250 to $4,500.
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 $1,250 to $4,500 with an average monthly rent of $2,405.
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 $1,685 to $8,647, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,840. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,072.
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.

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.

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.