Cheap Apartments for Rent in the 47401 ZIP Code of Bloomington, IN from $300 (107 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 47401 ZIP Code area of Bloomington.

property at 808 S Washington St
$775 - $850
1 Bedroom Rentals
Available Jan 7, 2027
Affordability

808 S Washington St

BloomingtonIN47401
property at 1513 S Walnut St
$885 - $1,400
1 To 3 Bedroom Rentals
Available Jan 4, 2027
Affordability

1513 S Walnut St

BloomingtonIN47401
property at 1503 S Walnut St
$910 - $1,125
1 To 2 Bedroom Rentals
Available Jul 30, 2027
Affordability

1503 S Walnut St

BloomingtonIN47401

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.

property at 351 S Lincoln St
$815 - $1,000
1 Bedroom Rentals
Available Now
Affordability

351 S Lincoln St

BloomingtonIN47401
property at 412 E 2nd St
$1,125 - $1,300
1 Bedroom Rentals
Available Now
Affordability

412 E 2nd St

BloomingtonIN47401

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.

property at 1427 S Washington St
$1,200 - $1,600
2 Bedroom Rentals
Available Aug 1, 2027
Affordability

1427 S Washington St

BloomingtonIN47401

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.

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Campus Walk
Studio to 2 Bedroom Apartments

Campus Walk

413 S Henderson StBloomington, IN 47401
  • Utilities Included
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Dorchester
Studio to 2 Bedroom Apartments

Dorchester

1516 S Dorchester DrBloomington, IN 47401
Student Housing
  • Utilities Included
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Pavilion Properties
1 to 2 Bedroom Apartments

Pavilion Properties

112 E 3rd StBloomington, IN 47401
  • Utilities Included
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423 S Fess Ave
1 Bedroom Apartments

423 S Fess Ave

423 S Fess AveBloomington, IN 47401
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Regency Court Apartments
1 to 5 Bedroom Apartments

Regency Court Apartments

1616 S Henderson StBloomington, IN 47401
  • Utilities Included
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Brandon Court
Studio to 2 Bedroom Apartments

Brandon Court

2381 Brandon CtBloomington, IN 47401
  • Utilities Included
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507 S Lincoln
1 Bedroom Apartments

507 S Lincoln

507 S Lincoln StBloomington, IN 47401

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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Knightridge Apartments
1 to 3 Bedroom Apartments

Knightridge Apartments

612 S State Road 446Bloomington, IN 47401
Student Housing
  • Utilities Included
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2106 E 2nd Street
1 to 2 Bedroom Apartments

2106 E 2nd Street

2106 E 2nd StBloomington, IN 47401
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Hunter Ridge
1 to 3 Bedroom Apartments

Hunter Ridge

720 S College Mall RdBloomington, IN 47401
Student Housing
  • Utilities Included
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Maxwell Terrace
1 to 3 Bedroom Apartments

Maxwell Terrace

930 S Maxwell TerBloomington, IN 47401
Student Housing
  • Utilities Included
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Barclay Square
1 to 2 Bedroom Apartments

Barclay Square

3000 S Walnut Street PikeBloomington, IN 47401
  • Utilities Included

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.

Frequently Asked Questions about Cheap the 47401 ZIP Code Apartments

What is the Cheapest Studio apartment in 47401?

Currently the most affordable Cheap Studio Apartment in 47401 is at Mountain View Knolls listed at $1,450.

How much is rent for a Cheap One Bedroom 47401 Apartment?

The lowest price for a Cheap One Bedroom 47401 Apartment is $1,675 at Village Crest Apartments.

What is the lowest price for a Cheap Two Bedroom 47401 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 47401 is starting from $1,942 at The Hamlet at Carmel.

What is the most affordable 47401 Three Bedroom Apartment?

The best deal on a cheap 47401 Three Bedroom Apartment rental is at Abbey Lane and starts from $2,892.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.