Cheap Apartments for Rent in the Downtown Bloomington Neighborhood of Bloomington, IL from $500 (82 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1110 W Jackson St, Unit 1
$720

Total Monthly Price

Base Rent$720

Total Monthly Price$720
1 Bedroom Apartment Available Now

1110 W Jackson St, Unit 1

1110 W Jackson StBloomington, IL 61701
Affordability
  • Smoke Free
close
View Me
408 N Main St, Unit 408
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
Studio Apartment Available Oct 10

408 N Main St, Unit 408

408 N Main StBloomington, IL 61701
Cost Per Sq.Ft.

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.

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.

close
View Me
Anglers Manor Apartments
1 Bedroom Apartments

Anglers Manor Apartments

1017 S Mercer AveBloomington, IL 61701
Senior Living
  • Utilities Included
close
View Me
909 N Main St
Studio to 2 Bedroom Apartments

909 N Main St

909 N Main StBloomington, IL 61701
  • Utilities Included
close
View Me
Heartland Apartments
1 to 4 Bedroom Apartments

Heartland Apartments

922-924 W Front StBloomington, IL 61701
  • Utilities Included
close
View Me
Garden Grove
1 to 2 Bedroom Apartments

Garden Grove

1206 E Grove StBloomington, IL 61701
  • Utilities Included
close
View Me
Harms Apartments
Studio to 1 Bedroom Apartments

Harms Apartments

705 N McLean StBloomington, IL 61701
  • Utilities Included
close
View Me
320 Riley Dr
2 Bedroom Apartments

320 Riley Dr

320 Riley DrBloomington, IL 61701
  • Utilities Included
close
View Me
Anglers Cove
1 to 2 Bedroom Apartments

Anglers Cove

1002 Arlene CtBloomington, IL 61701
  • 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.

close
View Me
President Place Apartments
1 to 2 Bedroom Apartments

President Place Apartments

818-824 E Washington StBloomington, IL 61701
Corporate Housing
  • Utilities Included
close
View Me
314 E Locust
Studio to 3 Bedroom Apartments

314 E Locust

314 E LocustBloomington, IL 61701
close
View Me
2001 S Morris Ave
1 to 2 Bedroom Apartments

2001 S Morris Ave

2001 S Morris AveBloomington, IL 61704
close
View Me
1007 Arlene
2 Bedroom Apartments

1007 Arlene

1007 Arlene CtBloomington, IL 61701
  • Utilities Included
close
View Me
314 Mecherle
1 to 2 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
close
View Me
2 Willedrob
1 to 2 Bedroom Apartments

2 Willedrob

2 WilledrobBloomington, IL 61701
close
View Me
Anglers
2 Bedroom Apartments

Anglers

1005 Arlene CtBloomington, IL 61701
  • Utilities Included

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.

close
View Me
Highland Hills Apartments
1 to 2 Bedroom Apartments

Highland Hills Apartments

1706-1718 Springfield RdBloomington, IL 61701
  • Utilities Included
close
View Me
Mercer Park Apartments
1 to 2 Bedroom Apartments

Mercer Park Apartments

1004 S Mercer AveBloomington, IL 61701
  • Utilities Included
close
View Me
1915 Tracy Dr
1 to 2 Bedroom Apartments

1915 Tracy Dr

1915 Tracy DrBloomington, IL 61704
  • Utilities Included
close
View Me
6 Willedrob
1 to 2 Bedroom Apartments

6 Willedrob

6 Willedrob RdBloomington, IL 61701
  • Utilities Included
close
View Me
Holiday Park Apartments
1 to 2 Bedroom Apartments

Holiday Park Apartments

1410-1412 E Croxton AveBloomington, IL 61701
  • Utilities Included
close
View Me
608 1/2 E Monroe
1 Bedroom Apartments

608 1/2 E Monroe

608 1/2 E Monroe StBloomington, IL 61701
close
View Me
Fairway Apartments
1 to 2 Bedroom Apartments

Fairway Apartments

305-313 Riley DrBloomington, IL 61701

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.

Downtown Bloomington, Bloomington, IL Local Guide

Cheapest Available Downtown Bloomington Apartments for Rent

 

The cheapest available apartment rental in the Downtown Bloomington area of Bloomington, IL is a Studio unit found at Washington Senior Apartments priced from $546. 1208Major has the second lowest priced unit, which is a Studio apartment currently listed from $785. Here are the most affordable Downtown Bloomington apartments for rent in Bloomington, IL:

Apartment ListingModel NameBed/BathPriced From
Washington Senior ApartmentsStudioStudio, 1BA$546
1208Major0BR/1.0BAStudio, 1BA$785
Class Act Realty1 Bedroom1BR, 1BA$840
608 1/2 E Monroe1BR/1.0BA1BR, 1BA$895

Best Value Apartments for Rent in Downtown Bloomington, IL

As of September 19, 2026 the best value apartment in the Downtown Bloomington area is the $0.35 price per square foot 902 S University St Model at 902 S University St in the Downtown Normal neighborhood starting from $700. The second greatest value Downtown Bloomington apartment is the 4 Balcony Renovated Model at The Social on Hovey in the Downtown Normal neighborhood starting at $749 with a $0.49 price per square foot. Here is today’s list of the best values for Downtown Bloomington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
902 S University St902 S University St5BR, 3BA$0.35
The Social on Hovey4 Balcony Renovated4BR, 4BA$0.49
The Social at Illinois State4x4 Furnished Townhome4BR, 4BA$0.47
1006 Samantha StPer Student for 22BR, 1.5BA$0.52
605 Kingsley St4 person rate4BR, 3BA$0.48
200 S LindenRent per Person for 22BR, 1BA$0.58
21 Flora WayPer Person for 22BR, 1.5BA$0.52
East Douglas Apartments2BR/ 1BA2BR, 1BA$0.75
511 E Olive St511 E Olive St2BR, 1BA$0.76
701 FranklinApt 13BR, 1BA$0.48

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 Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Bloomington, Bloomington, IL

Ranked #2

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Bloomington Apartments

What is a cheap apartment in Downtown Bloomington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Bloomington is under $895.

What is the price of a cheap apartment in Downtown Bloomington?

The cheapest apartment in Downtown Bloomington is Class Act Realty which is listed at $840, while the average apartment in Downtown Bloomington costs $1,075.

What types of apartments are the cheapest in Downtown 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 18 regular apartments in Downtown 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 Downtown Bloomington?

Cheap apartments in Downtown Bloomington have an average cost of $419 which is $656 cheaper than the average rent for all rentals in Downtown 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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.