Cheap Apartments for Rent in the 47407 ZIP Code of Bloomington, IN from $300 (125 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 47407 ZIP Code area of Bloomington.

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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property at 339 S Lincoln St

$850 - $1,550

1 To 3 Bedroom Rentals

Available Now

339 S Lincoln St

BloomingtonIN47401

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.

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property at 1503 S Walnut St

$885 - $1,125

1 Bedroom Rentals

Available Aug 3

1503 S Walnut St

BloomingtonIN47401

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 348 S Grant St

$1,000 - $1,400

1 Bedroom Rentals

Available Aug 20

348 S Grant St

BloomingtonIN47401

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 314 W 16th St

$1,100 - $1,500

2 To 3 Bedroom Rentals

Available Jul 30

314 W 16th St

BloomingtonIN47404

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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Frequently Asked Questions about Cheap the 47407 ZIP Code Apartments

What is the Cheapest Studio apartment in 47407?

Currently the most affordable Cheap Studio Apartment in 47407 is at 403-407 Main St listed at $1,275.

How much is rent for a Cheap One Bedroom 47407 Apartment?

The lowest price for a Cheap One Bedroom 47407 Apartment is $1,300 at 403-407 Main St.

What is the lowest price for a Cheap Two Bedroom 47407 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 47407 is starting from $1,450 at Partridge Gardens.

What is the most affordable 47407 Three Bedroom Apartment?

The best deal on a cheap 47407 Three Bedroom Apartment rental is at Vassar Garden Apartments and starts from $2,100.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.