Cheap Apartments for Rent in the Downtown Bloomington Neighborhood of Bloomington, IL from $400 (85 Rentals)

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

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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property at 706 W Graham St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045
Total Monthly Price
$1,045

2 Bedroom, 1 Bath Home for Rent

Available Now

706 W Graham St

BloomingtonIL61701

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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property at 1019 W Taylor St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1019 W Taylor St

BloomingtonIL61701

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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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
  • Utilities Included
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Heartland Apartments
1 to 4 Bedroom Apartments

Heartland Apartments

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

Garden Grove

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

Harms Apartments

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

320 Riley Dr

320 Riley DrBloomington, IL 61701
  • Utilities Included

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 Cove
1 to 2 Bedroom Apartments

Anglers Cove

1002 Arlene CtBloomington, IL 61701
  • Utilities Included
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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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314 E Locust
Studio to 3 Bedroom Apartments

314 E Locust

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

2001 S Morris Ave

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

1007 Arlene

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

314 Mecherle

314 Mecherle DrBloomington, IL 61701
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9 Willedrob Road
1 to 2 Bedroom Apartments

9 Willedrob Road

9 Willedrob RdBloomington, IL 61701
  • Utilities Included
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Anglers
2 Bedroom Apartments

Anglers

1005 Arlene CtBloomington, IL 61701
  • Utilities Included
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5 Willedrob Rd
1 to 2 Bedroom Apartments

5 Willedrob Rd

5 Willedrob RdBloomington, IL 61701
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

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. The Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Downtown Bloomington apartments for rent in Bloomington, IL:

Apartment ListingModel NameBed/BathPriced From
Washington Senior ApartmentsStudioStudio,1BA$546
The Oaks1 bed / bath1BR,1BA$800
Class Act Realty1 Bedroom1BR,1BA$825

Best Value Apartments for Rent in Downtown Bloomington, IL

As of May 03, 2026 the best value apartment in the Downtown 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 Downtown 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 Downtown 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 24BR,2BA$0.55
1608 Bryan St2 Beds, 1.5 baths2BR,1.5BA$0.98
1610 Bryan St, Unit 1A1610 Bryan St2BR,1BA$0.62
1604 Bryan St, Unit #B1604 Bryan St2BR,1BA$0.55
704 W Mulberry St704 W Mulberry St1BR,1BA$0.86

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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

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Frequently Asked Questions about Cheap Downtown Bloomington Apartments

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

The cheapest apartment in Downtown Bloomington is Washington Senior Apartments which is listed at $578, while the average apartment in Downtown Bloomington costs $1,650.

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 10 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 $476 which is $1,174 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.