7633 Vincent Ave S
RichfieldMN55423
Cheap Homes for Rent in Bloomington, MN from $950 (12 Rentals)
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$975Studio Apartments Available Now
7027 Morgan Ave S
7027 Morgan Ave SMinneapolis, MN 55423
6615 Lake Shore Dr S
MinneapolisMN55423
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$1,2502 Bedroom Apartments Available Now
1716 E 80th St, Unit Apt 2
1716 E 80th StBloomington, MN 55425
7404 Queen Ave S
MinneapolisMN55423
9400 Old Cedar Ave S, Unit 334
9400 Old Cedar Ave S
BloomingtonMN55425
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.
7601 W 101st St
MinneapolisMN55438
4200 Valley View Rd
MinneapolisMN55424
7600 Lyndale Ave S
MinneapolisMN55423
7126 123rd St W
St. PaulMN55124
7311 Aldrich Ave S
MinneapolisMN55423
7311 Aldrich Ave S
RichfieldMN55423
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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Bloomington, MN Local Guide
How much does it cost to rent a home in Bloomington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bloomington 2 Bedroom Homes for Rent | $2,033 | $1,300 | $2,895 |
| Bloomington 3 Bedroom Homes for Rent | $2,467 | $1,800 | $4,950 |
| Bloomington 4 Bedroom Homes for Rent | $2,865 | $2,395 | $3,800 |
| Bloomington 5 Bedroom Homes for Rent | $2,686 | $950 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Bloomington, MN Local Guide
- Bloomington Neighborhoods
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Cheapest Neighborhoods for Apartments in Bloomington, MN
Pricing Updated: 08/23/2026Current apartment rentals in the Bloomington, MN area range in price from $1,020 to $10,995 with an overall median price of $1,815. 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 | $1,815 | $1,020 | 331 |
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 $913. Nicollet Court in the Southwest Richfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here is today’s list of the most affordable Bloomington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Richlyn | Unit 2 - 50% AMI | Studio,1BA | $913 |
| Nicollet Court | Studio | Studio,1BA | $990 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $998 |
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1,049 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Bloomington, MN
As of August 23, 2026 the best value apartment in the Bloomington area is the $1.28 price per square foot 5800 West Old Shakopee Road Model at 5800 West Old Shakopee Road, Unit 5800 Old Shakopee Rd in the in the Bloomington West neighborhood starting from $2,300. The second greatest value Bloomington apartment is the Toulouse Model at France 98 starting at $1,873 with a $1.38 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. |
|---|---|---|---|
| 5800 West Old Shakopee Road, Unit 5800 Old Shakopee Rd | 5800 West Old Shakopee Road | 3BR,2BA | $1.28 |
| France 98 | Toulouse | 2BR,2BA | $1.38 |
| The Arbors | 2.1bed | 2BR,1BA | $1.13 |
| Cedar Commons | 2-Bed | 2BR,1BA | $1.16 |
| Paragon Apartments | B | 2BR,2BA | $1.41 |
| 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 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.41 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1.43 |
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.
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Enjoy 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.
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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
Ridgeview Elementary School
Bloomington Public School District
Public School - Grades K-5 (390)
9 out of 10
Jefferson Senior High
Bloomington Public School District
Public School - Grades 9-12 (1637)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Bloomington, MN
Frequently Asked Questions about Bloomington
What type of rentals are currently available in Bloomington?
There are currently 445 Apartments for Rent in Bloomington, MN with pricing that ranges from $913 to $10,995. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $950 to $4,950.
What is the current price range for Rental Homes in Bloomington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bloomington ranges from $950 to $4,950 with an average monthly rent of $2,341.
How much are larger Three and Four Bedroom Rentals in Bloomington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Bloomington range from $1,570 to $10,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,700.
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.
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.