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16 Cheap Apartments for rent in Bloomington, IN

Last updated October 15 at 1:54pm UTC
Reserve at Chandler's Glen
1320 N Arlington Park Dr
Bloomington, IN
Updated September 7 at 12:04am UTC
1 Bedroom
$550
2 Bedrooms
$660
3 Bedrooms
$700
205 E 20th St
Bloomington
Bloomington, IN
Updated October 12 at 1:12pm UTC
1 Bedroom
$585
2309 S Burberry Lane
Bloomington
Bloomington, IN
Updated October 12 at 7:10am UTC
2 Bedrooms
$695
2446 S Brittany Lane
Bloomington
Bloomington, IN
Updated October 9 at 11:05pm UTC
2 Bedrooms
$695
305 N Dunn Street
Old Northeast
Bloomington, IN
Updated October 6 at 10:54am UTC
1 Bedroom
$600
400 E 2nd St Apt 1
Elm Heights
Bloomington, IN
Updated October 4 at 10:25am UTC
1 Bedroom
$705
723 E. 11th St
Old Northeast
Bloomington, IN
Updated September 21 at 12:58pm UTC
1 Bedroom
$675
326 W Kenwood Drive
Maple Heights
Bloomington, IN
Updated September 13 at 7:20am UTC
1 Bedroom
$670
115 W. Temperance Unit # 2
Ellettsville
Ellettsville, IN
Updated September 19 at 12:30pm UTC
Studio
$450
115 W. Temperance Unit # 3
Ellettsville
Ellettsville, IN
Updated September 11 at 10:45am UTC
1 Bedroom
$525
Results within 5 miles of Bloomington, IN
159 W Church Lane
Bloomington
Bloomington, IN
Updated September 13 at 7:20am UTC
2 Bedrooms
$700
211 S kimble Drive
Bloomington
Bloomington, IN
Updated September 13 at 7:19am UTC
2 Bedrooms
$650
115 W. Temperance Unit #1
Ellettsville
Ellettsville, IN
Updated September 11 at 10:46am UTC
2 Bedrooms
$625

October 2018 Bloomington Rent Report

Welcome to the October 2018 Bloomington Rent Report. Bloomington rents remained steady over the past month. In this report, we'll evaluate trends in the Bloomington rental market, including comparisons to similar cities nationwide.

View full Bloomington Rent Report
Rent Report
Bloomington

October 2018 Bloomington Rent Report

Welcome to the October 2018 Bloomington Rent Report. Bloomington rents remained steady over the past month. In this report, we'll evaluate trends in the Bloomington rental market, including comparisons to similar cities nationwide.

Bloomington rent trends were flat over the past month

Bloomington rents have remained flat over the past month, however, they have increased slightly by 1.2% year-over-year. Currently, median rents in Bloomington stand at $730 for a one-bedroom apartment and $930 for a two-bedroom. Bloomington's year-over-year rent growth leads the state and national averages, which both stand at 0.9%.

Bloomington rents more affordable than many large cities nationwide

As rents have increased slightly in Bloomington, a few large cities nationwide have seen rents grow more quickly. Bloomington is still more affordable than most large cities across the country.

  • Bloomington's median two-bedroom rent of $930 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 1.2% increase in Bloomington.
  • While Bloomington's rents rose slightly over the past year, the city of Seattle saw a decrease of 1.6%.
  • Renters will find more reasonable prices in Bloomington than most large cities. For example, San Francisco has a median 2BR rent of $3,110, which is more than three times the price in Bloomington.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.