Prices and availability in Bloomington, IN were last updated on 10 Oct 2026.
The best apartments in Bloomington, IN are: Millennium Apartments, Regency Court Apartments, The Quarry, Heritage Apartments and Bloom Apartments.
In Bloomington, 65% of the residents are renting compared to 35% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of Bloomington's rentals, 71% are small-scale complexes with under 50 units, and 14% are single-family rentals.
Finding apartments for rent in Bloomington, IN for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 2 available units in Bloomington, IN, renting for under $500. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.
