Cheap Homes for Rent in Downtown Bloomington Neighborhood of Bloomington, IL from $1,200 (4 Rentals)

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

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.

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.

Downtown Bloomington, Bloomington, IL Local Guide

Best Value Apartments for Rent in Downtown Bloomington, IL

As of January 24, 2026 the best value apartment in the Downtown 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 Downtown 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 Downtown 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
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

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 Downtown Bloomington

What type of rentals are currently available in Downtown Bloomington?

There are currently 247 Apartments for Rent in Downtown Bloomington, IL with pricing that ranges from $495 to $12,116. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Bloomington ranging from $1,200 to $2,395.

What is the current price range for Rental Homes in Downtown Bloomington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Bloomington ranges from $1,200 to $2,395 with an average monthly rent of $1,837.

How much are larger Three and Four Bedroom Rentals in Downtown Bloomington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Bloomington range from $925 to $1,765, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,825 and Four Bedroom Apartments start at $839.

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.