Cheap 3 Bedroom Apartments for Rent in the Downtown Bloomington IN Neighborhood of Bloomington, IN from $699 (57 Rentals)

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property at 609 S Walnut St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

3 Bedroom, 3 Bath Home for Rent

Available Now

609 S Walnut St

BloomingtonIN47401

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.

property at 314 W Riley Dr

$1,300 - $1,550

3 Bedroom Rentals

Available Aug 9

314 W Riley Dr

BloomingtonIN47404
property at 1383 W Allen St

$1,375 - $1,425

3 Bedroom Rentals

Available Now

1383 W Allen St

BloomingtonIN47403

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.

property at 1201 N Madison St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Home for Rent

Available Now

1201 N Madison St

BloomingtonIN47404
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Crescent Pointe
3 Bedroom Apartments

Crescent Pointe

1200 N Crescent RdBloomington, IN 47404
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The Willows Condos
3 Bedroom Apartments

The Willows Condos

1300-1385 W Allen StBloomington, IN 47403
  • Utilities Included
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The Arch Bloomington
3 Bedroom Apartments

The Arch Bloomington

703 W Gourley PikeBloomington, IN 47404
Student Housing
  • Utilities Included
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115 N Washington St
3 Bedroom Apartments

115 N Washington St

115 N Washington StBloomington, IN 47404
Student Housing

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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Hoosier Court Apartments
3 Bedroom Apartments

Hoosier Court Apartments

513 W Gourley PikeBloomington, IN 47404
Student Housing
  • Utilities Included
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Hoosier Station
3 Bedroom Apartments

Hoosier Station

307 E 19th StBloomington, IN 47408
  • Utilities Included
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Hickory Grove
3 Bedroom Apartments

Hickory Grove

505 N Walnut StBloomington, IN 47404
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Park Doral
3 Bedroom Apartments

Park Doral

2663 E 7th StBloomington, IN 47408
  • Utilities Included
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Millennium Apartments
3 Bedroom Apartments

Millennium Apartments

1200 Rolling Ridge WayBloomington, IN 47403
  • Utilities Included
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Hunter Ridge
3 Bedroom Apartments

Hunter Ridge

720 S College Mall RdBloomington, IN 47401
Student Housing
  • Utilities Included
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B-Line Heights
3 Bedroom Apartments

B-Line Heights

611 N Rogers StBloomington, IN 47404
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Beacon Hill
3 Bedroom Apartments

Beacon Hill

1660 W Bloomfield RdBloomington, IN 47403

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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Maxwell Terrace
3 Bedroom Apartments

Maxwell Terrace

930 S Maxwell TerBloomington, IN 47401
Student Housing
  • Utilities Included

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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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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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 $866.

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

The cheapest apartment in Downtown Bloomington IN is College Mall Apartments which is listed at $955, while the average apartment in Downtown Bloomington IN costs $1,275.

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 45 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 $796 which is $479 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

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.

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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.

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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.

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

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.