Cheap Apartments for Rent in Bloomington, IL from $400 (124 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 321 Riley Dr

$945 - $1,000

2 Bedroom Rentals

Available Now

321 Riley Dr

BloomingtonIL61701

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Anglers Manor Apartments
1 Bedroom Apartments

Anglers Manor Apartments

1017 S Mercer AveBloomington, IL 61701
Senior Living
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909 N Main St
Studio to 2 Bedroom Apartments

909 N Main St

909 N Main StBloomington, IL 61701
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Heartland Apartments
1 to 4 Bedroom Apartments

Heartland Apartments

922-924 W Front StBloomington, IL 61701
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Garden Grove
1 to 2 Bedroom Apartments

Garden Grove

1206 E Grove StBloomington, IL 61701
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Harms Apartments
Studio to 1 Bedroom Apartments

Harms Apartments

705 N McLean StBloomington, IL 61701
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Clobertin CT
1 Bedroom Apartments

Clobertin CT

2 Clobertin CtBloomington, IL 61701
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2208 Todd Dr
2 Bedroom Apartments

2208 Todd Dr

2208 Todd DrBloomington, IL 61704
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320 Riley Dr
2 Bedroom Apartments

320 Riley Dr

320 Riley DrBloomington, IL 61701
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President Place Apartments
1 to 2 Bedroom Apartments

President Place Apartments

818-824 E Washington StBloomington, IL 61701
Corporate Housing
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Anglers Cove
1 to 2 Bedroom Apartments

Anglers Cove

1002 Arlene CtBloomington, IL 61701
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1214 Orchard
2 Bedroom Apartments

1214 Orchard

1214 Orchard RdBloomington, IL 61704
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2101 Todd Drive
1 to 2 Bedroom Apartments

2101 Todd Drive

2101-2103 Todd DrBloomington, IL 61704
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2408 Rainbow Ave
2 Bedroom Apartments

2408 Rainbow Ave

2408 Rainbow AveBloomington, IL 61704
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314Locust
Studio to 3 Bedroom Apartments

314Locust

314 E LocustBloomington, IL 61701

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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Bloomington, IL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Bloomington, IL

Pricing Updated: 01/26/2026

Current apartment rentals in the Bloomington, IL 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$2,000$1,20512

Cheapest Available Bloomington Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Washington Senior ApartmentsStudioStudio,1BA$546
Class Act Realty1 Bedroom1BR,1BA$800

Best Value Apartments for Rent in Bloomington, IL

As of January 26, 2026 the best value apartment in the Bloomington area is the $0.58 price per square foot 4 Balcony Renovated Model at The Social on Hovey in the in the Downtown Normal neighborhood starting from $889. The second greatest value Bloomington apartment is the Per Student for 2 Model at 1006 Samantha St starting at $710 with a $0.51 price per square foot in the Downtown Normal 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.
The Social on Hovey4 Balcony Renovated4BR,4BA$0.58
1006 Samantha StPer Student for 22BR,1.5BA$0.51
605 Kingsley St4 person rate4BR,3BA$0.47
200 S LindenRent per Person for 22BR,1BA$0.58
21 Flora WayPer Person for 22BR,1.5BA$0.53
701 FranklinApt 24BR,2BA$0.55
1610 Bryan St, Unit 1A1610 Bryan St2BR,1BA$0.62
112 N Orr Dr, Unit #11112 N Orr Dr2BR,1BA$0.62
1604 Bryan St, Unit #B1604 Bryan St2BR,1BA$0.55
1501 Ensign Dr, Unit 1N1501 Ensign Dr2BR,1BA$0.54

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Bloomington Overview

Bloomington is a city located in the heart of Illinois with a population of 78,730 according to the 2014 census. People love to visit the numerous shopping outlets and its noted historical landmarks. This place has plenty of activities to explore, making it a great place to live within one of our Bloomington apartments.

Why live in Bloomington, IL?

The city of Bloomington attracts people from all areas of Central Illinois because of its numerous retailers located in a concentrated area. You have Bergners, Best Buy, Home Depot, Sears, Van Maur, Sam�s Club as well as Walmart to name a few. These businesses are just the tip of the iceberg in all the activities this town has for you to explore. You can also enjoy art, checking out the historical sites, visiting fine dining establishments and enjoying the nightlife. Many families make come for a fun-filled weekend excursion or day trip during the summertime. You can experience the friendliness of everyone, when you live in one of our apartments here in Bloomington.

Best Local Schools in
Bloomington, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Bloomington, IL Rentals by Map

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See the most popular apartments and homes in Bloomington, IL

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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 Washington Senior Apartments listed at $546.

How much is rent for a Cheap One Bedroom Bloomington Apartment?

The lowest price for a Cheap One Bedroom Bloomington Apartment is $578 at Washington Senior Apartments.

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 $840 at CollegePlace Uptown.

What is the most affordable Bloomington Three Bedroom Apartment?

The best deal on a cheap Bloomington Three Bedroom Apartment rental is at Lincoln Lofts and starts from $1,150.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.