Cheap 3 Bedroom Apartments for Rent in the Downtown Bloomington IN Neighborhood of Bloomington, IN from $835 (67 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 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
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 314 W Riley Dr

$1,799 - $2,099

3 Bedroom Rentals

Available Aug 9

314 W Riley Dr

BloomingtonIN47404

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.

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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
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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

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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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
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B-Line Heights
3 Bedroom Apartments

B-Line Heights

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

Beacon Hill

1660 W Bloomfield RdBloomington, IN 47403

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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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

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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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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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 $4,000.

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 69 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 $681 which is $3,319 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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.