Apartments Under $1,000 in Bloomington, IN: May Rental Information
Welcome to the May 2026 Bloomington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Bloomington rental landscape.
Our experts analyze the inventory trends for apartments under $1,000 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Bloomington and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $1,000 in Bloomington.
Whether you're a student searching for an affordable apartment near Indiana University or a working professional looking to rent in Bloomington, this report will give you a snapshot of what you can expect in terms of rent prices and availability in the area. Keep reading to discover the best apartments under $1,000 in Bloomington and find your next home on Rentable.
This month, the typical cost to rent a one-bedroom apartment in Bloomington stands at $1,130, with the majority falling between $750 and $1,570. Out of the 3,008 one-bedroom apartments currently on the market in Bloomington, 1,344 are priced below $1,000, accounting for 45% of the total available one-bedroom units in Bloomington.
Available Apartments Under $1,000: Bloomington vs. Surrounding Areas
Bloomington, IN
Bedford, IN
153
3
The chart above provides an overview of the number of available apartments under $1,000 in Bloomington, IN and its surrounding cities as of May, 2026. This data is essential for prospective renters looking for affordable options in the area. The chart includes information on the number of apartments in Bloomington, as well as Bedford, Ellettsville, Nashville, Martinsville, Worthington, Bloomfield, Switz City, Spencer, Gosport, and Worland. Combined, these cities reflect the total inventory of available apartments under $1,000 in the Bloomington, IN metro area, which is currently at 153. This data can assist renters in making informed decisions about their housing preferences and potential affordability in the region.
Apartments Under $1,000 Now vs. Last Month: Bloomington and Surrounding Areas