
Cheap Apartments for Rent in Bloomington, MN from $700 (239 Rentals)
Search the lowest-cost Apartments available for rent right now in Bloomington.


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South Pointe

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8813 18th Avenue South

8813 18th Ave S, Unit 1

Woodland Apartments

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AIRE MSP Apartments

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Blooming Meadows South

Concord Green

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Pennbrooke

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Audenn 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.

Willows On France

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

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Tiki Apartments

Chateau on France

Nicollet South Apartments

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Pebblebrook Flats

Parkview Apartments

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The Tarnhill

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Stanley Court Apartments

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Stanley Terrace Apartments
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.

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Southwood

Heritage Hills

Southgate Apartments

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Metropolitan Towers

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Paragon Apartments

8813 18th Ave S, Unit 3

Blooming Meadows North

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ReNew West Bloomington

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Cedar Glen

The Gables Apartments
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.

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Normandale Lake Estates

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International Village Apartments

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The Fenley

9400 Old Cedar Ave S, Unit 344

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Devonshire Apartments

The Highlands Apts and Townhomes

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Poplar Bridge

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Ardor on the Bluffs South Loop Residences

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Carbon31

Indigo Apartments
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.

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Windfield Estates

Noble

Luxembourg Apartments

Ever

3917 Heritage Hills Dr

Penn Village Townhomes

Oak Pointe Apartments

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The Preserve at Normandale Lake

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3917 Heritage Hills Dr, Unit 102

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The Covington Apartment Homes
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.
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 | $1,430 | $885 | $2,378 |
| Cheap Bloomington 1 Bedroom Apartments | $1,655 | $910 | $6,169 |
| Cheap Bloomington 2 Bedroom Apartments | $2,132 | $1,125 | $10,000+ |
| Cheap Bloomington 3 Bedroom Apartments | $2,749 | $1,570 | $10,000+ |
| Cheap Bloomington 4 Bedroom Apartments | $9,950 | $9,950 | $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: 07/28/2026Current 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 | $2,197 | $1,550 | 2 |
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 $885. 7700 Bloomington Ave South in the East Bloomington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Bloomington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Richlyn | Unit 4 - 50% AMI | Studio,1BA | $885 |
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1,049 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,065 |
| Lynn Court | Itasca | 1BR,1BA | $1,090 |
| Southdale Parc Apartments | 1 Bedroom A | 1BR,1BA | $1,091 |
| Woodland Apartments | Studio | Studio,1BA | $1,095 |
| Fox Ridge Estates | One Bedroom | 1BR,1BA | $1,100 |
| AIRE MSP Apartments | Piper | Affordable* | Studio,1BA | $1,108 |
Best Value Apartments for Rent in Bloomington, MN
As of July 29, 2026 the best value apartment in the Bloomington area is the $1.41 price per square foot Toulouse Model at France 98 in the in the Bloomington West neighborhood starting from $1,909. 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. |
|---|---|---|---|
| France 98 | Toulouse | 2BR,2BA | $1.41 |
| Core Crossings Apartments | Three Bedroom A | 3BR,2BA | $1.12 |
| 2215 W 74th St | 3 Bed, 1 Bath | 3BR,1BA | $1.31 |
| The Arbors | 2.1bed | 2BR,1BA | $1.13 |
| Grande Market Place | 2 Bedroom - Market | 2BR,2BA | $1.38 |
| Stanley Terrace Apartments | 2 Bedroom B | 2BR,1.5BA | $1.34 |
| Cedar Gate | 2.1bed | 2BR,1BA | $1.28 |
| Metropolitan Towers | 1.1+denA | 1BR,1BA | $1.32 |
| Silver Pines | Two Bedroom, One Bathroom | 2BR,1BA | $1.42 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.41 |
Don'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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From 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 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 the Cheapest Studio apartment in Bloomington?
Currently the most affordable Cheap Studio Apartment in Bloomington is at Richlyn listed at $885.
How much is rent for a Cheap One Bedroom Bloomington Apartment?
The lowest price for a Cheap One Bedroom Bloomington Apartment is $1,049 at 7700 Bloomington Ave South.
What is the lowest price for a Cheap Two Bedroom Bloomington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bloomington is starting from $1,125 at South Pleasant Apartments.
What is the most affordable Bloomington Three Bedroom Apartment?
The best deal on a cheap Bloomington Three Bedroom Apartment rental is at Core Crossings Apartments and starts from $1,460.
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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.