Cheap Homes for Rent in Downtown Bloomington IN Neighborhood of Bloomington, IN from $800 (72 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Bloomington IN area of Bloomington.

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Downtown Bloomington IN, Bloomington, IN Local Guide

Cheapest Available Downtown Bloomington IN Apartments for Rent

 

The cheapest available apartment rental in the Downtown Bloomington IN area of Bloomington, IN is a Studio unit found at Vivo Living priced from $549. Parkview Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here are the most affordable Downtown Bloomington IN apartments for rent in Bloomington, IN:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Petite StudioStudio,1BA$549
Parkview ApartmentsLIVEBYTHESTADIUM.COM- Parkview StudioStudio,1BA$680
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
Canadian Apartments1BR/1.0BA1BR,1BA$750
Sunflower PlaceOne Bed1BR,1BA$800
CedargateStudio StandardStudio,1BA$800
TCHC1 - 4 Bed, 2 Bath4BR,2BA$802
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Northcrest1 Bedroom1BR,1BA$860
Kingston ManorEfficiencyStudio,1BA$875

Best Value Apartments for Rent in Downtown Bloomington IN, IN

As of September 08, 2025 the best value apartment in the Downtown Bloomington IN area is the $1.16 price per square foot Three Bedroom Townhome Model at Nile Ridge Townhomes in the in the Downtown Bloomington IN neighborhood starting from $1,785. The second greatest value Downtown Bloomington IN apartment is the 3 Bedroom 3 Bath on Amaryllis Model at Hoosier Court Apartments starting at $1,400 with a $0.97 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Downtown Bloomington IN apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nile Ridge TownhomesThree Bedroom Townhome3BR,3.5BA$1.16
Hoosier Court Apartments3 Bedroom 3 Bath on Amaryllis3BR,3BA$0.97
Beacon HillBeacon Hill - 3 Bed/2 Bath3BR,2BA$1.06
Park on Morton2x2 Corner - Classic2BR,2BA$1.19
StageyardThe Traveler2BR,2BA$1.16
Urban StationThe Pulse (per bed)2BR,2BA$0.99
The League Bloomington10 North 2x2 Penthouse2BR,2BA$0.99
Hickory GrovePoplar2BR,1BA$1.01
The Stratum at Indiana2x22BR,2BA$0.99
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16

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Pet Friendly Lifestyle
Downtown Bloomington In, Bloomington, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Downtown Bloomington In, Bloomington, IN

School data provided by Great Schools

Frequently Asked Questions about Downtown Bloomington IN

What type of rentals are currently available in Downtown Bloomington IN?

There are currently 312 Apartments for Rent in Downtown Bloomington IN, IN with pricing that ranges from $549 to $15,000. There are also 242 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Bloomington IN ranging from $800 to $31,000.

What is the current price range for Rental Homes in Downtown Bloomington IN?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Bloomington IN ranges from $800 to $31,000 with an average monthly rent of $4,638.

How much are larger Three and Four Bedroom Rentals in Downtown Bloomington IN?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Bloomington IN range from $689 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $5,550. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $599.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.