Cheap Apartments for Rent near Bloomington, NE from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Bloomington.

Burlington Place

The Preston

The Residences at Liberty Campus

Lakeside

524 E 7th Street

LongLeaf Apartments

Belcourt

208 Sunrise Rd
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.

Kearney Apartment Homes

Village at Kearney Apartments

Loomis Apartment Homes

Iron Horse Flats

Regency Heights

HANGAR 55 AT THEATRE DISTRICT

Prairie Heights Apartments

Walnut Housing, LLC

Cross Creek Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1202 Arthur St

Wheatridge Apartments

208 E 5th St

130 S 5th St

Vintage Rows

211 E 7th St

Bel Apartments

1004 18th St

Water Tower Residences
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

611 Tri-Plex

Grandview Apartments

207 E 9th St

210 N Phillips Ave

535 Flats

The Cooper Apartment Homes

North Adams Flats

The Logan on 11th

74980 444th Rd
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.

Autumn Park Apartments

The Crystal on C Ave
Bloomington, NE Local Guide

How much does it cost to rent an apartment in Bloomington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bloomington Studio Apartments | $1,105 | $965 | $1,249 |
| Bloomington 1 Bedroom Apartments | $1,169 | $675 | $1,845 |
| Bloomington 2 Bedroom Apartments | $1,400 | $615 | $2,545 |
| Bloomington 3 Bedroom Apartments | $1,411 | $930 | $2,495 |
Browse Top Apartments in Bloomington
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Bloomington, NE Local Guide
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Cheapest Available Bloomington Apartments for Rent and Nearby
 The cheapest available apartment rental in Bloomington, NE is a 2 Beds unit found at Westside priced from $615. The Preston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Bloomington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westside | 2 Bed 1 Bath | 2BR,1BA | $615 |
| The Preston | 1-Bedroom | 1BR,1BA | $699 |
| The Residences at Liberty Campus | 1/1 | 1BR,1BA | $700 |
| LongLeaf Apartments | 1 Bedroom | 1BR,1BA | $750 |
| Belcourt | 2 Beds, 1 Baths | 2BR,1BA | $795 |
| Lakeside | 2 Bed 1 Bath | 2BR,1BA | $880 |
| The Cooper Apartment Homes | 2-Bedroom | 2BR,1BA | $899 |
| Kearney Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $900 |
| Village at Kearney Apartments | Two Bedroom Two Bath | 2BR,2BA | $940 |
| HANGAR 55 AT THEATRE DISTRICT | Teton | Studio,1BA | $965 |
Best Value Apartments for Rent in Bloomington, NE and Nearby
As of August 12, 2026 the best value apartment in the Bloomington area is the $0.82 price per square foot 2 Bed 2 Bath Loft Model at Westside in the starting from $870. The second greatest value Bloomington apartment is the Unit 2.2A Model at Autumn Park Apartments starting at $1,155 with a $1.10 price per square foot . 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. |
|---|---|---|---|
| Westside | 2 Bed 2 Bath Loft | 2BR,2BA | $0.82 |
| Autumn Park Apartments | Unit 2.2A | 2BR,2BA | $1.10 |
| Cherry Park | 2BR/1.0BA | 2BR,1BA | $1.18 |
| Cedar Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| The Residences at Liberty Campus | 2/1 | 2BR,1BA | $1.13 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.12 |
| Belcourt | 2 Beds, 1 Baths | 2BR,1BA | $1.02 |
| Village at Kearney Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.21 |
| The Cooper Apartment Homes | 2-Bedroom | 2BR,1BA | $1.16 |
| LongLeaf Apartments | 1 Bedroom | 1BR,1BA | $1.06 |
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 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bloomington, NE Rentals by Map
See the most popular apartments and homes in Bloomington, NE
Frequently Asked Questions about Cheap Bloomington Apartments
What is the Cheapest Studio apartment in Bloomington?
Currently the most affordable Cheap Studio Apartment in Bloomington is at HANGAR 55 AT THEATRE DISTRICT listed at $965.
How much is rent for a Cheap One Bedroom Bloomington Apartment?
The lowest price for a Cheap One Bedroom Bloomington Apartment is $699 at The Preston.
What is the lowest price for a Cheap Two Bedroom Bloomington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bloomington is starting from $615 at Westside.
What is the most affordable Bloomington Three Bedroom Apartment?
The best deal on a cheap Bloomington Three Bedroom Apartment rental is at Village at Kearney Apartments and starts from $955.
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.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.
