Cheap Apartments for Rent in Bloomington, IL from $400 (147 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bloomington.

property at 233 Avenue E

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

233 Avenue E

BloomingtonIL61704

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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603 E Jefferson St, Unit 1
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
1 Bedroom Apartment Available Jun 15

603 E Jefferson St, Unit 1

603 E Jefferson StBloomington, IL 61701
  • Smoke Free

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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Anglers Manor Apartments
1 Bedroom Apartments

Anglers Manor Apartments

1017 S Mercer AveBloomington, IL 61701
Senior Living
  • Utilities Included
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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
  • Utilities Included

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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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
  • Utilities Included

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.

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Bloomington, IL Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Bloomington, IL

Pricing Updated: 06/14/2026

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$1,600$54669

Cheapest Available Bloomington Apartments for Rent

 

The cheapest available apartment rental in Bloomington, IL is a 1 Bed unit found at Broadmoor Park priced from $795. Cortez Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Bloomington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Broadmoor ParkCortez 1 Bedroom 1 Bath1BR,1BA$795
Cortez ApartmentsUnfurnished1BR,1BA$825
Class Act Realty1 Bedroom1BR,1BA$835
Currency Commons Apartments1B1B1BR,1BA$840
Arbors at EastlandThe Oak1BR,1BA$845
CollegePlace Uptown2BR/1BA2BR,1BA$845
212 College Park Dr2 Beds, 1 bath2BR,1BA$855

Best Value Apartments for Rent in Bloomington, IL

As of June 14, 2026 the best value apartment in the Bloomington area is the $0.51 price per square foot Per Student for 2 Model at 1006 Samantha St in the in the Downtown Normal neighborhood starting from $710. The second greatest value Bloomington apartment is the 4 person rate Model at 605 Kingsley St starting at $630 with a $0.47 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.
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
East Douglas Apartments2BR/ 1BA2BR,1BA$0.75
701 FranklinApt 54BR,1BA$0.45
507 E Mulberry St, Unit 1507 E Mulberry St1BR,1BA$0.94
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.79
113 W Willow St2 person Rate2BR,1BA$0.73
1505 HancockPer person for 22BR,1BA$0.79

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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Real 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.

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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.

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Bloomington, IL

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

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Frequently Asked Questions about Cheap Bloomington Apartments

What is the price of a cheap apartment in Bloomington?

The cheapest apartment in Bloomington is Broadmoor Park which is listed at $795, while the average apartment in Bloomington costs $1,600.

What types of apartments are the cheapest in Bloomington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Bloomington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Bloomington?

Cheap apartments in Bloomington have an average cost of $607 which is $993 cheaper than the average rent for all rentals in Bloomington.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.