Cheap Homes for Rent in Bloomington, MN from $800 (12 Rentals)

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

property at 5430 S 34th Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Condo for Rent

Available Now

5430 S 34th Ave

MinneapolisMN55417
property at 7500 11th Ave S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

7500 11th Ave S

MinneapolisMN55423
property at 8045 Xerxes Ave S

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Unavailable

8045 Xerxes Ave S

MinneapolisMN55431

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.

property at 7340 York Ave S

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available May 1

7340 York Ave S, Unit 104

7340 York Ave S
MinneapolisMN55435
property at 4101 Parklawn Ave

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

4101 Parklawn Ave, Unit 120

4101 Parklawn Ave
MinneapolisMN55435
property at 12655 Garner Way

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 2 Bath Home for Rent

Available Now

12655 Garner Way

St. PaulMN55124
property at 3810 Ballantrae Rd

$1,575

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

Studio, 1 Bath Condo for Rent

Available May 1

3810 Ballantrae Rd, Unit 608

3810 Ballantrae Rd
EaganMN55122
property at 7126 123rd St W

$1,599

Total Monthly Price

Total Monthly Price

Base Rent
$1,599

Total Monthly Price
$1,599

2 Bedroom, 2 Bath Home for Rent

Available Now

7126 123rd St W

St. PaulMN55124
property at 4130 Rahn Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Condo for Rent

Available Now

4130 Rahn Rd

EaganMN55122

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.

Bloomington, MN Local Guide

Cheapest Neighborhoods for Apartments in Bloomington, MN

Pricing Updated: 04/07/2026

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$2,100$1,2952

Cheapest Available Bloomington Apartments for Rent

 

The cheapest available apartment rental in Bloomington, MN is a 1 Bed unit found at Cedar Gate in the East Bloomington neighborhood priced from $975. Penn Apartments in the East Edina neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Bloomington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Gate1.1 Bed1BR,1BA$975
Penn Apartments1BR/1.0BA1BR,1BA$995
Carriage Manor Apartments1BR/1BA1BR,1BA$995
2215 W 74th St1 Bed, 1 Bath1BR,1BA$998
RichlynUnit 4 - 50% AMIStudio,1BA$1,019

Best Value Apartments for Rent in Bloomington, MN

As of April 07, 2026 the best value apartment in the Bloomington area is the $1.20 price per square foot 3 Bedroom 2.75 Bath Model at Wuthering Heights in the in the Terra Glenn neighborhood starting from $2,703. The second greatest value Bloomington apartment is the Toulouse Model at France 98 starting at $1,930 with a $1.42 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.
Wuthering Heights3 Bedroom 2.75 Bath3BR,2.75BA$1.20
France 98Toulouse2BR,2BA$1.42
The Arbors2.1bed2BR,1BA$1.17
Silver Bell Apartments2 Bedroom 1 Bath2BR,1BA$1.38
The Hamilton 55+ Senior ApartmentsB1BR,1BA$1.32
Grande Market Place1 Bedroom - Market1BR,1BA$1.29
Cedar Gate1.1 Bed1BR,1BA$1.08
Nicollet South ApartmentsSenior 1 bedroom1BR,1BA$1.35
Lynn CourtItasca1BR,1BA$1.44
2215 W 74th St1 Bed, 1 Bath1BR,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.

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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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The 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.

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Cash 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.

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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.

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Quick 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.

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Bloomington, MN
Population: 85,578

Ranked #392

in US Census Population by City

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Pet Friendly Lifestyle
Bloomington, MN

Ranked #7

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Bloomington, MN Rentals by Map

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Frequently Asked Questions about Bloomington

What type of rentals are currently available in Bloomington?

There are currently 443 Apartments for Rent in Bloomington, MN with pricing that ranges from $783 to $12,370. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $850 to $3,895.

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 $850 to $3,895 with an average monthly rent of $2,126.

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 $10,394, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,895. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,500.

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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.