Cheap 3 Bedroom Apartments for Rent in the Downtown Bloomington IN Neighborhood of Bloomington, IN from $885 (48 Rentals)

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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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property at 1385 W Allen St

$1,425 - $1,450

3 Bedroom Rentals

Available Now

1385 W Allen St

BloomingtonIN47403

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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property at 612 W Cherokee Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

612 W Cherokee Dr

BloomingtonIN47403
property at 1756 W Countryside Ln

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

3 Bedroom, 2.5 Bath Townhome for Rent

Available May 1

1756 W Countryside Ln

BloomingtonIN47403
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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

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.

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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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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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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
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Hunter Ridge
3 Bedroom Apartments

Hunter Ridge

720 S College Mall RdBloomington, IN 47401
Student Housing
  • Utilities Included

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.

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Town and Country
3 Bedroom Apartments

Town and Country

120 S Kingston DrBloomington, IN 47408
  • Utilities Included
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The Arbors
3 Bedroom Apartments

The Arbors

1533 Arbors LnBloomington, IN 47401
  • Utilities Included
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Crimson Crossing
3 Bedroom Apartments

Crimson Crossing

1426-1496 N Kinser PikeBloomington, IN 47404
Student Housing
  • 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.

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Showing Results 1-48, Page 1 of 1

Downtown Bloomington IN, Bloomington, IN Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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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Best Local Schools in
Downtown Bloomington In, Bloomington, IN

School data provided by Great Schools

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 $875.

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

The cheapest apartment in Downtown Bloomington IN is Hub Bloomington which is listed at $999, while the average apartment in Downtown Bloomington IN costs $8,100.

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 81 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 $685 which is $7,415 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.