Cheap Homes for Rent in Bloomington, MN from $900 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Bloomington.

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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Bloomington, MN Local Guide

Cheapest Neighborhoods for Apartments in Bloomington, MN

Pricing Updated: 06/21/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Normandale Lake$2,762$1,000363

Cheapest Available Bloomington Apartments for Rent

 

The cheapest available apartment rental in Bloomington, MN is a 1 Bed unit found at Carriage Manor Apartments in the Riverside Fields neighborhood priced from $995. Portland Terrace in the Windom neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Bloomington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Manor Apartments1BR/1BA1BR,1BA$995
Portland TerraceStudioStudio,1BA$999
Penn Apartments1BR/1.0BA1BR,1BA$1,000
2215 W 74th St1 Bed, 1 Bath1BR,1BA$1,000
Southdale Parc Apartments1 Bedroom A1BR,1BA$1,025

Best Value Apartments for Rent in Bloomington, MN

As of June 21, 2025 the best value apartment in the Bloomington area is the $1.21 price per square foot 2 Bedroom - Market Model at Grande Market Place in the in the Heart of the City neighborhood starting from $1,787. The second greatest value Bloomington apartment is the Toulouse Model at France 98 starting at $1,737 with a $1.28 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grande Market Place2 Bedroom - Market2BR,2BA$1.21
France 98Toulouse2BR,2BA$1.28
Blooming Meadows North2 Bedroom2BR,1BA$1.30
Upper Post FlatsTwo Bedroom - 2IV2BR,2BA$1.33
The Arbors1.1+den1BR,1BA$1.13
Stanley Terrace Apartments2 Bedroom B2BR,1.5BA$1.29
Metropolitan Towers1.1+denB1BR,1BA$1.30
2215 W 74th St1 Bed, 1 Bath1BR,1BA$1.05
Richland CourtThe Lucas2BR,1BA$1.27
Cedar Gate1.1 Bed1BR,1BA$1.36

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Frequently Asked Questions about Bloomington

What type of rentals are currently available in Bloomington?

There are currently 437 Apartments for Rent in Bloomington, MN with pricing that ranges from $875 to $12,300. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $900 to $3,900.

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 $900 to $3,900 with an average monthly rent of $2,359.

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 $1,500 to $12,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,495.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.