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


1201 S Lincoln St

College Mall Apartments

Hub Bloomington

Bart Villa Apartments

Kingston Manor

Stadium Row

Town and Country

The Crossing at Pete Ellis

Union at Crescent
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.

Woodington Management Properties

Crescent Park Apartments

314 W Riley Dr

1385 W Allen St

Big Red Apartments

1383 W Allen St

Hidden Hills at Oakdale

314 W 16th St

722 W 17th St

1204 N Lincoln St
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.

3200 E John Hinkle Pl, Unit D

1310 S Madison St, Unit A

Northlane Dr, Unit 1

1201 N Madison St

Crescent Pointe

The Willows Condos

The Arch Bloomington

115 N Washington St

The Reserve at Chandler's Glen

Dorothy Apartments and Townhomes
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.

Hoosier Court Apartments

Hoosier Station

Hickory Grove

Park Doral

Millennium Apartments

Campus Edge Apartments

Hunter Ridge

B-Line Heights

Beacon Hill

105 E Wilson St
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.

Country View Apartments

576 E Graham Pl

2301 S Milton Dr

Maxwell Terrace

122 N Roosevelt St

3200 H John Hinkle Pl

3200 B John Hinkle Pl

3200 John Hinkle Pl

Regency Court Apartments

3210 John Hinkle Pl
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

How much does it cost to rent an apartment in Downtown Bloomington IN?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Bloomington IN Studio Apartments | $1,123 | $690 | $1,659 |
| Downtown Bloomington IN 1 Bedroom Apartments | $1,210 | $725 | $2,100 |
| Downtown Bloomington IN 2 Bedroom Apartments | $1,369 | $750 | $3,000 |
Downtown Bloomington IN 3 Bedroom Apartments | $1,733 | $699 | $3,900 |
| Downtown Bloomington IN 4 Bedroom Apartments | $1,706 | $599 | $7,000 |
| Downtown Bloomington IN 5 Bedroom Apartments | $2,681 | $1,035 | $6,900 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Downtown Bloomington IN Neighborhood of Bloomington, IN.
See all Apartments in BloomingtonExplore Bloomington
Downtown Bloomington IN, Bloomington, IN Local Guide
- Nearby Bloomington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Downtown Bloomington In, Bloomington, IN
The Academy of Science and Entrepreneurship
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 $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

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.

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.

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.

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.