706 W Graham St
BloomingtonIL61701
Cheap Homes for Rent in Downtown Bloomington Neighborhood of Bloomington, IL from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Bloomington area of Bloomington.
224 Robinhood Ln, Unit W, Unit W
224 Robinhood Ln
BloomingtonIL61701
404 S Mc Clun St
BloomingtonIL61701
110 W Phoenix Ave
NormalIL61761
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.
1019 W Taylor St
BloomingtonIL61701
311 E Lincoln St
BloomingtonIL61701
705 Cullom St
NormalIL61761
1219 Barker 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.
Showing Results 1-8, Page 1 of 1
Downtown Bloomington, Bloomington, IL Local Guide
How much does it cost to rent a home in Downtown Bloomington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Bloomington 2 Bedroom Homes for Rent | $1,394 | $1,045 | $1,850 |
| Downtown Bloomington 3 Bedroom Homes for Rent | $1,873 | $1,500 | $2,200 |
| Downtown Bloomington 4 Bedroom Homes for Rent | $2,017 | $1,895 | $2,190 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Bloomington Neighborhood of Bloomington, IL.
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Downtown Bloomington, Bloomington, IL Local Guide
- Nearby Bloomington neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Senior Apartments | Studio | Studio,1BA | $546 |
| The Oaks | 1 bed / bath | 1BR,1BA | $800 |
| Class Act Realty | 1 Bedroom | 1BR,1BA | $820 |
Best Value Apartments for Rent in Downtown Bloomington, IL
As of April 28, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1006 Samantha St | Per Student for 2 | 2BR,1.5BA | $0.51 |
| 605 Kingsley St | 4 person rate | 4BR,3BA | $0.47 |
| 200 S Linden | Rent per Person for 2 | 2BR,1BA | $0.58 |
| 21 Flora Way | Per Person for 2 | 2BR,1.5BA | $0.53 |
| East Douglas Apartments | 2BR/ 1BA | 2BR,1BA | $0.75 |
| 701 Franklin | Apt 2 | 4BR,2BA | $0.55 |
| 1608 Bryan St | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.98 |
| Currency Commons Apartments | 2B1B | 2BR,1BA | $1.00 |
| 1917 Tracy Dr | 1917 Tracy Dr | 2BR,1BA | $0.99 |
| 704 W Mulberry St | 704 W Mulberry St | 1BR,1BA | $0.85 |
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.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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 LifestyleDowntown Bloomington, Bloomington, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Bloomington
What type of rentals are currently available in Downtown Bloomington?
There are currently 233 Apartments for Rent in Downtown Bloomington, IL with pricing that ranges from $546 to $4,750. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Bloomington ranging from $1,045 to $2,200.
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 $1,045 to $2,200 with an average monthly rent of $1,761.
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 $1,300 to $4,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $819.
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
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.
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.
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.
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.