
Cheap Apartments for Rent near Bloomington, ID from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Bloomington.


South Valley

The Bear Necessities

70 Bear River Dr

1561 110, Unit 202

Twin Creek Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Matheson Apartments

Bridger Pointe

Wasatch Pointe Apartments

Total Monthly Price
L59

Scenic View Apartment Homes

53 S Main St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

485 E 1150 N

675 E 600 N

Arbor Court Apartments

103 Center St

The Station at Pleasant View

Ridge View Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Bloomington, ID Local Guide

How much does it cost to rent an apartment in Bloomington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bloomington Studio Apartments | $992 | $325 | $2,083 |
| Bloomington 1 Bedroom Apartments | $1,327 | $745 | $2,485 |
| Bloomington 2 Bedroom Apartments | $1,473 | $695 | $2,445 |
| Bloomington 3 Bedroom Apartments | $1,712 | $545 | $2,666 |
| Bloomington 4 Bedroom Apartments | $640 | $550 | $800 |
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Bloomington, ID Local Guide
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Cheapest Available Bloomington Apartments for Rent and Nearby
 The cheapest available apartment rental in Bloomington, ID is a 2 Beds unit found at South Valley priced from $695. The Bear Necessities has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Bloomington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Valley | 2 Bedroom 1 Bathroom | 2BR,1BA | $695 |
| The Bear Necessities | Furnished Studios | Studio,1BA | $700 |
| 70 Bear River Dr | 0/1 | Studio,1BA | $750 |
| Twin Creek Apartments | 1 Bedroom | 1BR,1BA | $925 |
| Matheson Apartments | 1 X 1 | 1BR,1BA | $1,030 |
Best Value Apartments for Rent in Bloomington, ID and Nearby
As of July 21, 2026 the best value apartment in the Bloomington area is the $0.90 price per square foot 3 Beds, 2.5 baths Model at Jasper Loop in the starting from $1,875. The second greatest value Bloomington apartment is the 3 bedroom/2.5 ba Model at Nibley Towns starting at $1,959 with a $1.25 price per square foot in the Blackhawk 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. |
|---|---|---|---|
| Jasper Loop | 3 Beds, 2.5 baths | 3BR,2.5BA | $0.90 |
| Nibley Towns | 3 bedroom/2.5 ba | 3BR,2.5BA | $1.25 |
| Copperwoods at Harrisville | Middle | 3BR,2.5BA | $1.29 |
| The Factory | Berkeley | 5BR,2BA | $0.47 |
| Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1.11 |
| Canyon Cove Apartments | 2 Bedroom | 2BR,2BA | $1.18 |
| Scenic View Apartment Homes | 2 Beds, 2 baths | 2BR,2BA | $1.09 |
| The Orchard on Oneida | 239-3 rooms | 3BR,2BA | $1.18 |
| South Valley | 2 Bedroom | 2BR,1BA | $0.93 |
| Brooklane Apartments | Annex | 6BR,6BA | $0.90 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bloomington, ID Rentals by Map
See the most popular apartments and homes in Bloomington, ID
Frequently Asked Questions about Cheap Bloomington Apartments
What is the Cheapest Studio apartment in Bloomington?
Currently the most affordable Cheap Studio Apartment in Bloomington is at The Bear Necessities listed at $700.
How much is rent for a Cheap One Bedroom Bloomington Apartment?
The lowest price for a Cheap One Bedroom Bloomington Apartment is $745 at South Valley.
What is the lowest price for a Cheap Two Bedroom Bloomington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bloomington is starting from $695 at South Valley.
What is the most affordable Bloomington Three Bedroom Apartment?
The best deal on a cheap Bloomington Three Bedroom Apartment rental is at The Orchard on Oneida and starts from $1,295.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.