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$1,035 - $1,5005 Bedroom Apartments Available Now
Hub Bloomington
2038 N Walnut StBloomington, IN 47404
Cheap 5 Bedroom Apartments for Rent in the Downtown Bloomington IN Neighborhood of Bloomington, IN from $899 (2 Rentals)
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.
409 E 1st St
BloomingtonIN47401
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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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 | $1,109 | $549 | $2,055 |
| Downtown Bloomington IN 1 Bedroom Apartments | $1,235 | $695 | $2,100 |
| Downtown Bloomington IN 2 Bedroom Apartments | $1,480 | $760 | $3,162 |
| Downtown Bloomington IN 3 Bedroom Apartments | $2,014 | $885 | $6,034 |
| Downtown Bloomington IN 4 Bedroom Apartments | $1,625 | $750 | $4,400 |
Downtown Bloomington IN 5 Bedroom Apartments | $2,469 | $899 | $6,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Downtown Bloomington IN, Bloomington, IN Local Guide
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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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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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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
The Academy of Science and Entrepreneurship
Monroe County Com Sch Corp
Public School - Grades 9-12 (77)
10 out of 10
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 $880.
What is the price of a cheap apartment in Downtown Bloomington IN?
The cheapest apartment in Downtown Bloomington IN is Northcrest which is listed at $800, 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 71 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.
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.