Cheap Studio Apartments for Rent in Bloomington, IN from $549 (34 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Campus Walk
Studio Apartments

Campus Walk

413 S Henderson StBloomington, IN 47401
  • Utilities Included

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

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Dorchester
Studio Apartments

Dorchester

1516 S Dorchester DrBloomington, IN 47401
Student Housing
  • Utilities Included
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Barney's Place
Studio Apartments

Barney's Place

612 N Grant StBloomington, IN 47408
  • Utilities Included
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Cedarview
Studio Apartments

Cedarview

509 E 10th StBloomington, IN 47408
  • Utilities Included
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Park Doral
Studio Apartments

Park Doral

2663 E 7th StBloomington, IN 47408
  • Utilities Included
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Brandon Court
Studio Apartments

Brandon Court

2381 Brandon CtBloomington, IN 47401
  • Utilities Included
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Cedargate
Studio Apartments

Cedargate

3073 E Amy LnBloomington, IN 47408
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Acadia Court
Studio Apartments

Acadia Court

2995 S Acadia CtBloomington, IN 47401
Corporate Housing
  • Utilities Included
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522 E 3rd St
Studio Apartments

522 E 3rd St

522 E 3rd StBloomington, IN 47401

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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46 Flats
Studio Apartments

46 Flats

4329 N Kemp RdBloomington, IN 47404
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Tech Park Apartments
Studio Apartments

Tech Park Apartments

619 N Morton StBloomington, IN 47404
Student Housing
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Poolside Apartments
Studio Apartments

Poolside Apartments

430 S Dunn StBloomington, IN 47401
  • Utilities Included
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Railway Manor
Studio Apartments

Railway Manor

913 N College AveBloomington, IN 47404
  • Utilities Included
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Oddfellows Apartments
Studio Apartments

Oddfellows Apartments

106 E Kirkwood AveBloomington, IN 47408
Student Housing

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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DunnPark Studios
Studio Apartments

DunnPark Studios

115 N Dunn StBloomington, IN 47408

Bloomington, IN Local Guide

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

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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 $875.

What is the price of a cheap apartment in Bloomington?

The cheapest apartment in Bloomington is Vivo Living which is listed at $549, while the average apartment in Bloomington costs $4,000.

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 67 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 $703 which is $3,297 cheaper than the average rent for all rentals in 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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.