Cheap 1 Bedroom Apartments for Rent in the Downtown Bloomington IN Neighborhood of Bloomington, IN from $749 (110 Rentals)

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property at 515 W Kirkwood Ave
$795 - $825
1 Bedroom Rentals
Available Now
Affordability

515 W Kirkwood Ave

BloomingtonIN47404

Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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property at 110.5 E 6th St
$1,135 - $1,790
1 Bedroom Rentals
Available Aug 11, 2027
Affordability

110.5 E 6th St

BloomingtonIN47408

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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7 Ten
Rent Specials
$1,285 - $1,460

Total Monthly Price

Base Rent$1,285 - $2,060
Total Monthly Price$1,285 - $2,060
1 Bedroom Apartments Available Aug 16, 2027

7 Ten

710 N College AveBloomington, IN 47404
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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9 North Apartments
Rent Specials
$1,400

Total Monthly Price

Base Rent$1,400 - $2,799
Total Monthly Price$1,400 - $2,799
1 Bedroom Apartments Available Now

9 North Apartments

508 N College AveBloomington, IN 47404
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
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Patterson Pointe
1 Bedroom Apartments

Patterson Pointe

454 S Westplex AveBloomington, IN 47403
Senior Living
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Grant Street
1 Bedroom Apartments

Grant Street

800 N Grant StBloomington, IN 47408
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Downtown Bloomington IN, 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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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
Downtown Bloomington In, Bloomington, IN

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Frequently Asked Questions about Cheap Downtown Bloomington IN Apartments

What is a cheap apartment in Downtown Bloomington IN?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Bloomington IN is under $850.

What is the price of a cheap apartment in Downtown Bloomington IN?

The cheapest apartment in Downtown Bloomington IN is Lofton which is listed at $749, while the average apartment in Downtown Bloomington IN costs $1,300.

What types of apartments are the cheapest in Downtown Bloomington IN?

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 164 regular apartments in Downtown Bloomington IN 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 Downtown Bloomington IN?

Cheap apartments in Downtown Bloomington IN have an average cost of $843 which is $457 cheaper than the average rent for all rentals in Downtown Bloomington IN.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.