
Cheap Apartments for Rent in Bloomington, MN from $600 (237 Rentals)
Search the lowest-cost Apartments available for rent right now in Bloomington.


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South Pointe

Chateau on France

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AIRE MSP Apartments

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Blooming Meadows South

Concord Green

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Pennbrooke

Nicollet South Apartments

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The Tarnhill

Willows On France
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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The Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN!

Southgate Apartments

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Tiki Apartments

1700 E 80th St, Unit Apt 4

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Stanley Terrace Apartments

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Southwood

Heritage Hills

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Paragon Apartments

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8813 18th Avenue South

Blooming Meadows North
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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Devonshire Apartments

The Gables Apartments

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Metropolitan Towers

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ReNew West Bloomington

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Normandale Lake Estates

Luxembourg Apartments

International Village Apartments

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Pebblebrook Flats

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Ever

Carbon31
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.

The Fenley

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Stanley Court Apartments

Parkview Apartments

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Poplar Bridge

Indigo Apartments

The Highlands Apts and Townhomes

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Ardor on the Bluffs South Loop Residences

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Audenn Apartments

Noble

Fernbrook Apartments
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

The Covington Apartment Homes

Oak Pointe Apartments

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Bristol Village Apartments

Pebblebrook Court

Penn Village Townhomes

2105 W 90th St

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The Preserve at Normandale Lake

8161 33rd Ave S, Unit 904, Unit 904

8161 33rd Ave S

SummerHouse of Bloomington
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
Bloomington, MN Local Guide

How much does it cost to rent an apartment in Bloomington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Bloomington Studio Apartments | $1,467 | $783 | $2,205 |
| Cheap Bloomington 1 Bedroom Apartments | $1,614 | $954 | $4,649 |
| Cheap Bloomington 2 Bedroom Apartments | $2,048 | $1,066 | $10,000+ |
| Cheap Bloomington 3 Bedroom Apartments | $2,562 | $1,570 | $9,271 |
| Cheap Bloomington 4 Bedroom Apartments | $6,225 | $2,500 | $9,950 |
Browse Top Apartments in Bloomington
See all Apartments in BloomingtonExplore Bloomington
Bloomington, MN Local Guide

- Bloomington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Bloomington, MN
Pricing Updated: 04/29/2026Current apartment rentals in the Bloomington, MN area range in price from to with an overall median price of . 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 | $3,220 | $783 | 414 |
Cheapest Available Bloomington Apartments for Rent
 The cheapest available apartment rental in Bloomington, MN is a Studio unit found at Richlyn in the Armatage neighborhood priced from $935. Lynn Court in the Riverside Fields neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Bloomington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Richlyn | Unit 22 - 50% AMI | Studio,1BA | $935 |
| Lynn Court | Itasca | 1BR,1BA | $975 |
| Penn Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $998 |
| Lyndale Garden | 1 Bedroom Large | 1BR,1BA | $1,040 |
| Nicollet Court | Studio | Studio,1BA | $1,040 |
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1,049 |
| Bayberry Place | A1 | 1BR,1BA | $1,076 |
| 2021 W 90th St | 1 Bedroom | 1BR,1BA | $1,100 |
| Chateau on France | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Bloomington, MN
As of April 29, 2026 the best value apartment in the Bloomington area is the $1.39 price per square foot Toulouse Model at France 98 in the in the Bloomington West neighborhood starting from $1,882. The second greatest value Bloomington apartment is the Model2A Model at Penn Village Townhomes starting at $1,625 with a $1.44 price per square foot in the Bloomington West 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. |
|---|---|---|---|
| France 98 | Toulouse | 2BR,2BA | $1.39 |
| Penn Village Townhomes | Model2A | 2BR,1BA | $1.44 |
| River Ridge Apartments | 2BR/1.0BA | 2BR,1BA | $1.45 |
| Silver Bell Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Lynn Court | Gooseberry | 2BR,1BA | $1.32 |
| Cedar Glen | 2.1bed | 2BR,1BA | $1.41 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.41 |
| The Bluffs of Burnsville | 1 BR | 1BR,1BA | $1.43 |
| Twelve 501 Apartment Homes | The Dylan | 1BR,1BA | $1.45 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1.43 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick 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.
Bloomington Overview
In 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.
Why live in Bloomington, MN?
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.
Bloomington, MNPopulation: 85,578
Ranked #392
in US Census Population by City
Pet Friendly LifestyleBloomington, MN
Ranked #7
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Bloomington, MN
Jefferson Senior High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bloomington, MN Rentals by Map
See the most popular apartments and homes in Bloomington, MN
Frequently Asked Questions about Cheap Bloomington Apartments
What is a cheap apartment in Bloomington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bloomington is under $1,100.
What is the price of a cheap apartment in Bloomington?
The cheapest apartment in Bloomington is Lynn Court which is listed at $975, while the average apartment in Bloomington costs $3,220.
What types of apartments are the cheapest in Bloomington?
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 53 regular apartments in Bloomington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Bloomington?
Cheap apartments in Bloomington have an average cost of $229 which is $2,991 cheaper than the average rent for all rentals in Bloomington.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.