Cheap Apartments for Rent in Bloomington, IN from $300 (123 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Crescent Pointe
2 to 4 Bedroom Apartments

Crescent Pointe

1830 W 17th StBloomington, IN 47404
close
View Me
Patterson Pointe
1 to 2 Bedroom Apartments

Patterson Pointe

454 S Westplex AveBloomington, IN 47403
Senior Living
close
View Me
Crescent Pointe
2 to 4 Bedroom Apartments

Crescent Pointe

1200 N Crescent RdBloomington, IN 47404
close
View Me
Grant Street
1 Bedroom Apartments

Grant Street

800 N Grant StBloomington, IN 47408
  • Utilities Included
close
View Me
Country View Apartments
1 to 4 Bedroom Apartments

Country View Apartments

2500 S Rockport RdBloomington, IN 47403
  • Utilities Included
close
View Me
Campus Walk
Studio to 2 Bedroom Apartments

Campus Walk

413 S Henderson StBloomington, IN 47401
  • Utilities Included
close
View Me
Dorchester
Studio to 2 Bedroom Apartments

Dorchester

1516 S Dorchester DrBloomington, IN 47401
Student Housing
  • Utilities Included
close
View Me
The Arch Bloomington
1 to 3 Bedroom Apartments

The Arch Bloomington

703 W Gourley PikeBloomington, IN 47404
  • Utilities Included
close
View Me
Woodwind Terrace
1 to 2 Bedroom Apartments

Woodwind Terrace

101 S Pete Ellis DrBloomington, IN 47408
  • 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.

Read Article
Showing Results 1-50, Page 1 of 3

Bloomington, IN Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Bloomington, IN

Pricing Updated: 08/29/2025

Current apartment rentals in the Bloomington, IN 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Bloomington IN$7,665$549278

Cheapest Available Bloomington Apartments for Rent

 

The cheapest available apartment rental in Bloomington, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $549. Parkview Apartments in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Bloomington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Petite StudioStudio,1BA$549
Parkview ApartmentsLIVEBYTHESTADIUM.COM- Parkview StudioStudio,1BA$680
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
Woodington Management PropertiesStadium View II1BR,1BA$750
Acadia CourtStudioStudio,1BA$760
CedargateStudio StandardStudio,1BA$800
Sunflower PlaceOne Bed1BR,1BA$800
TCHC1 - 4 Bed, 2 Bath4BR,2BA$802
Canadian Apartments1BR/1.0BA1BR,1BA$850
Kingston Manor1 Bedroom1BR,1BA$860

Best Value Apartments for Rent in Bloomington, IN

As of August 29, 2025 the best value apartment in the Bloomington area is the $1.16 price per square foot Three Bedroom Townhome Model at Nile Ridge Townhomes in the in the Downtown Bloomington IN neighborhood starting from $1,785. The second greatest value Bloomington apartment is the 3 Bedroom 3 Bath on Amaryllis Model at Hoosier Court Apartments starting at $1,400 with a $0.97 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Bloomington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nile Ridge TownhomesThree Bedroom Townhome3BR,3.5BA$1.16
Hoosier Court Apartments3 Bedroom 3 Bath on Amaryllis3BR,3BA$0.97
Beacon HillBeacon Hill - 3 Bed/2 Bath3BR,2BA$1.06
Park on Morton2x2 Corner - Classic2BR,2BA$1.19
Town and CountryTown and Country - 452BR,1BA$1.21
Hazel Briar CourtRose2BR,2BA$1.13
StageyardThe Traveler2BR,2BA$1.16
Urban StationThe Pulse (per bed)2BR,2BA$0.99
The League Bloomington10 North 2x2 Penthouse2BR,2BA$0.99
The Stratum at Indiana2x22BR,2BA$0.99

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

Bloomington Overview

Home to unviersities, plenty of natural scenery and a welcoming, cheerful ambiance all its own, Bloomington is a premium slice of mid-western real estate that is in demand and well worthy of your consideration. Designated as a 'Tree City USA', this botanical hot spot is a gem of the Indiana scene.

Why live in Bloomington, IN?

Harkening back to a quaint, old-time quality of mid-western life, Bloomington rentals make an ideal option for anyone eager to discover all that Indiana has in store. From impressive floral beauty to much in the way of nightlife and shopping, this relaxed cityscape is the perfect place to attend school or raise a family.

Bloomington, IN
Population: 84,981

Ranked #399

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Pet Friendly Lifestyle
Bloomington, IN

Ranked #7

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Bloomington, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Bloomington, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Bloomington, IN

View Map
Bloomington, IN Apartments Map
View Map
Bloomington, IN Rental Homes Map

Getting Around Bloomington, IN

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

19 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Bloomington Apartments

What is a cheap apartment in Bloomington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bloomington is under $860.

What is the price of a cheap apartment in Bloomington?

The cheapest apartment in Bloomington is Parkview Apartments which is listed at $710, while the average apartment in Bloomington costs $7,665.

What types of apartments are the cheapest in 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 183 regular apartments in 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 Bloomington?

Cheap apartments in Bloomington have an average cost of $759 which is $6,906 cheaper than the average rent for all rentals in Bloomington.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.