Homes for Rent in Bloomington, IN Under $5,000 (209 Rentals)

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property at 909 S Morton St

909 S Morton St

BloomingtonIN47403

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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Bloomington, IN Local Guide

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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Frequently Asked Questions about Bloomington

What type of rentals are currently available in Bloomington?

There are currently 341 Apartments for Rent in Bloomington, IN with pricing that ranges from $749 to $8,200. There are also 235 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $550 to $10,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bloomington ranges from $550 to $10,000 with an average monthly rent of $4,424.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bloomington range from $890 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $5,550. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $799.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.