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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Bloomington Studio Apartments | $1,436 | $913 | $2,312 |
| Cheap Bloomington 1 Bedroom Apartments | $1,598 | $979 | $6,149 |
| Cheap Bloomington 2 Bedroom Apartments | $2,058 | $1,125 | $9,100 |
| Cheap Bloomington 3 Bedroom Apartments | $2,794 | $1,570 | $10,000+ |
| Cheap Bloomington 4 Bedroom Apartments | $2,500 | $2,400 | $2,600 |
Current apartment rentals in the Bloomington, MN area range in price from $998 to $10,995 with an overall median price of $1,805. Here is today’s list neighborhoods with the lowest median pricing for Bloomington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Normandale Lake | $1,805 | $998 | 367 |
The cheapest available apartment rental in Bloomington, MN is a Studio unit found at Richlyn in the Armatage neighborhood priced from $913. 2215 W 74th St in the Windom neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here is today’s list of the most affordable Bloomington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Richlyn | Unit 21 - 50% AMI | Studio,1BA | $913 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $998 |
| Blooming Meadows South | Studio, Income Restrictions, NOAH | Studio,1BA | $1,017 |
| Nicollet Court | 1.1bed | 1BR,1BA | $1,050 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,075 |
| The Bluffs of Burnsville | 2 BR 1.5 B | 2BR,1BA | $1,086 |
| Lynn Court | Itasca | 1BR,1BA | $1,090 |
| View Pointe Apartments | Studio/1-Bath | Studio,1BA | $1,091 |
| AIRE MSP Apartments | Piper | Affordable* | Studio,1BA | $1,093 |
| Woodland Apartments | Studio | Studio,1BA | $1,095 |
As of September 13, 2026 the best value apartment in the Bloomington area is the $1.32 price per square foot Three Bedroom - 3N Model at Upper Post Flats in the in the Morris Park neighborhood starting from $1,945. The second greatest value Bloomington apartment is the Three Bedroom A Model at Core Crossings Apartments starting at $1,460 with a $1.12 price per square foot in the Riverside Fields neighborhood. Here is today’s list of the best values for Bloomington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Upper Post Flats | Three Bedroom - 3N | 3BR,2BA | $1.32 |
| Core Crossings Apartments | Three Bedroom A | 3BR,2BA | $1.12 |
| Oaks Braemar | 2 Bedroom - B1 | 2BR,2BA | $1.30 |
| Cedar Commons | 2-Bed | 2BR,1BA | $1.16 |
| Nicollet Woods Apartments | 2BR/1.0BA | 2BR,1BA | $1.27 |
| Windfield Estates in Bloomington | 2 Bed 1 Bath | 2BR,1BA | $1.36 |
| Metropolitan Towers | 1.1+denA | 1BR,1BA | $1.32 |
| Cedar Gate | 1.1 Bed | 1BR,1BA | $1.25 |
| Cedar Glen | 2.1bed | 2BR,1BA | $1.32 |
| The Bluffs of Burnsville | 1 BR | 1BR,1BA | $1.36 |
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.
Read ArticleDiscover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleEntering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleFrom 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.
Read ArticleThe 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.
If you’re an expert on all things Bloomington, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewIn Bloomington, MN residents get to feel an urban-suburban mix with plenty of restaurants, coffee shops, and parks. Both young professionals and retirees live in the city and it’s one of the best places to live in Minnesota. The population is 85,418 and it’s the fifth largest city in the state.
This family-friendly community earns a livability score of 77 out of 100. There are plenty of fun reasons for why to live here. It’s been voted one of the Safest Cities for Families with Young Children, One of America’s Best Cities for a Healthy Retirement, and one of America’s Most Playful Cities. The area is economically diverse and it serves as headquarters to large firms in food, agriculture, technology, retail, transportation, and healthcare. The downtown areas are beautiful and have attractive buildings, entertainment, nightlife, museums, clean streets, and parks. Since the area is not a huge tourist attraction, the residents get to enjoy these amenities almost exclusively. The population is educated and the schools have a great reputation.
in US Census Population by City
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
School data provided by Great Schools
See the most popular apartments and homes in Bloomington, MN
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bloomington is under $1,095.
The cheapest apartment in Bloomington is 2215 W 74th St which is listed at $998, while the average apartment in Bloomington costs $1,805.
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 37 regular apartments in Bloomington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Bloomington have an average cost of $218 which is $1,587 cheaper than the average rent for all rentals in Bloomington.
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.
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
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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.
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