Search the lowest-cost Apartments available for rent right now in Bloomington.
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.
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bloomington Studio Apartments | $1,428 | $885 | $2,378 |
| Bloomington 1 Bedroom Apartments | $1,652 | $910 | $6,169 |
| Bloomington 2 Bedroom Apartments | $2,113 | $1,125 | $10,000+ |
| Bloomington 3 Bedroom Apartments | $2,743 | $1,570 | $10,000+ |
| Bloomington 4 Bedroom Apartments | $9,950 | $9,950 | $9,950 |
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 ReviewA cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bloomington is under $1,120.
The cheapest apartment in Bloomington is 7700 Bloomington Ave South which is listed at $1,049, while the average apartment in Bloomington costs $3,120.
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 21 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 $143 which is $2,977 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.
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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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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.
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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.
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