9901 Elliot Ave S
MinneapolisMN55420
Cheap Homes for Rent in Bloomington, MN from $1,000 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Bloomington.
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$1,0501 Bedroom Apartments Available Jul 1
8813 18th Ave S, Unit 1
8813 18th Ave SBloomington, MN 55425
3000 Cliff Rd E
BurnsvilleMN55337
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$1,2752 Bedroom Apartments Available Jun 1
8813 18th Ave S, Unit 3
8813 18th Ave SBloomington, MN 55425
7330 York Ave S, Unit Apt 101
7330 York Ave S
MinneapolisMN55435
7601 W 101st St, Unit 220, Unit 220
7601 W 101st St
MinneapolisMN55438
7401 W 101st St, Unit 119, Unit 119
7401 W 101st St
MinneapolisMN55438
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.
4200 Valley View Rd
MinneapolisMN55424
12655 Garner Way
St. PaulMN55124
1700 Four Oaks Rd, Unit Apt 124
1700 Four Oaks Rd
EaganMN55121
7126 123rd St W
St. PaulMN55124
1903 Silver Bell Rd
EaganMN55122
7600 Lyndale Ave S, Unit 108, Unit 108
7600 Lyndale Ave S
MinneapolisMN55423
4009 Heritage Hills Dr, Unit 207, Unit 207
4009 Heritage Hills Dr
BloomingtonMN55437
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.
Showing Results 1-14, Page 1 of 1
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 | $1,907 | $1,549 | $3,375 |
| Bloomington 3 Bedroom Homes for Rent | $2,331 | $1,850 | $2,950 |
| Bloomington 4 Bedroom Homes for Rent | $3,134 | $2,350 | $4,295 |
| Bloomington 5 Bedroom Homes for Rent | $2,720 | $2,720 | $2,720 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Bloomington
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Bloomington, MN Local Guide
- Bloomington Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Bloomington, MN
Pricing Updated: 05/24/2026Current 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 | $3,230 | $1,020 | 385 |
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. Wexford Commons Apartments in the Armatage neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. 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 |
| Wexford Commons Apartments | Efficiency | Studio,1BA | $895 |
| 1001/15 East 66th St. | 1BR/1.0BA | 1BR,1BA | $895 |
| Penn Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| South Pointe | The Port | Studio,1BA | $1,015 |
Best Value Apartments for Rent in Bloomington, MN
As of May 24, 2026 the best value apartment in the Bloomington area is the $1.08 price per square foot 2 Bedroom - Market Model at Grande Market Place in the in the Heart of the City neighborhood starting from $1,585. The second greatest value Bloomington apartment is the Toulouse Model at France 98 starting at $1,944 with a $1.43 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. |
|---|---|---|---|
| Grande Market Place | 2 Bedroom - Market | 2BR,2BA | $1.08 |
| France 98 | Toulouse | 2BR,2BA | $1.43 |
| 2215 W 74th St | 3 Bed, 1 Bath | 3BR,1BA | $1.31 |
| Penn Village Townhomes | Model2A | 2BR,1BA | $1.44 |
| Nicollet Woods Apartments | 2BR/1.0BA | 2BR,1BA | $1.27 |
| Silver Bell Apartments | 2 Bedroom 1 and Half Bath | 2BR,1.5BA | $1.42 |
| Twelve 501 Apartment Homes | The Garland | 2BR,2BA | $1.40 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.35 |
| Normandy House Apartments | 1 BR, 1 BA-S. Facing | 1BR,1BA | $1.49 |
| The Bluffs of Burnsville | 1 BR | 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.
Read Article
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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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, 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
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!
Explore Bloomington, MN Rentals by Map
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 444 Apartments for Rent in Bloomington, MN with pricing that ranges from $885 to $17,116. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bloomington ranging from $1,000 to $4,295.
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 $1,000 to $4,295 with an average monthly rent of $2,307.
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 $7,901, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $9,950.
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
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.
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.
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.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.