233 Avenue E
BloomingtonIL61704
Cheap Homes for Rent in Bloomington, IL from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Bloomington.
412 E Arcadia Ave
PeoriaIL61603
1806 N Peoria Ave
PeoriaIL61603
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.
31453 Burt Ct
ChenoaIL61726
31497 Burt St
ChenoaIL61726
31451 Burt Ct
ChenoaIL61726
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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Bloomington, IL Local Guide
How much does it cost to rent a home in Bloomington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bloomington 2 Bedroom Homes for Rent | $1,659 | $1,000 | $3,000 |
| Bloomington 3 Bedroom Homes for Rent | $1,937 | $893 | $3,200 |
| Bloomington 4 Bedroom Homes for Rent | $1,861 | $894 | $2,400 |
| Bloomington 5 Bedroom Homes for Rent | $2,975 | $2,100 | $3,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Bloomington
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Bloomington, IL Local Guide
- Bloomington Neighborhoods
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Cheapest Neighborhoods for Apartments in Bloomington, IL
Pricing Updated: 07/02/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Bloomington | $1,950 | $550 | 8 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Broadmoor Park | Cortez 1 Bedroom 1 Bath | 1BR,1BA | $795 |
| Cortez Apartments | Unfurnished | 1BR,1BA | $825 |
| Class Act Realty | 1 Bedroom | 1BR,1BA | $830 |
Best Value Apartments for Rent in Bloomington, IL
As of July 02, 2026 the best value apartment in the Bloomington area is the $0.53 price per square foot 4-bed/4-bath Model at The Social at Illinois State in the in the Downtown Normal neighborhood starting from $799. The second greatest value 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 Bloomington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Social at Illinois State | 4-bed/4-bath | 4BR,4BA | $0.53 |
| 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 5 | 4BR,1BA | $0.45 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.78 |
| 113 W Willow St | 2 person Rate | 2BR,1BA | $0.73 |
| 1505 Hancock | Per person for 2 | 2BR,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.
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.
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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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Best Local Schools in Bloomington, IL
Washington Elementary School
Bloomington School District 87
Public School - Grades K-5 (375)
8 out of 10
Bloomington Jr High School
Bloomington School District 87
Public School - Grades 6-8 (1032)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bloomington, IL Rentals by Map
See the most popular apartments and homes in Bloomington, IL
Frequently Asked Questions about Bloomington
What type of rentals are currently available in Bloomington?
There are currently 431 Apartments for Rent in Bloomington, IL with pricing that ranges from $505 to $9,418. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $550 to $3,850.
What is the current price range for Rental Homes in Bloomington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bloomington ranges from $550 to $3,850 with an average monthly rent of $1,796.
How much are larger Three and Four Bedroom Rentals in Bloomington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Bloomington range from $798 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $893 to $3,200. Four Bedroom Single-Family rentals are also available starting from $894 and Four Bedroom Apartments start at $699.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.
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.