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Studio Condos for Rent in Bloomington, IL

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  • 1805 S Veterans Pkwy, Bloomington, IL 61701
    1805 S Veterans Pkwy, Bloomington, IL 61701
    1805 S Veterans Pkwy, Bloomington, IL 61701
    /18

    $1,589 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Bloomington - Normal

    1805 S Veterans Pkwy, Bloomington, IL 61701

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Bloomington - Normal

    1805 S Veterans Pkwy, Bloomington, IL 61701
  • 408 N Main St Unit 408, Bloomington, IL 61701
    408 N Main St Unit 408, Bloomington, IL 61701
    408 N Main St Unit 408, Bloomington, IL 61701
    /12

    $900

    Total Monthly Price

    • Studio
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    408 N Main St Unit 408, Bloomington, IL 61701

    (downtown Bloomington) Large studio unit, rent does not include utilities which is just electric (we pay the water for the building). Washer and dryer in unit. Unit was recently renovated. The unit is street parking with city parking decks a block away. The unit is on the second floor of the building.

    408 N Main St Unit 408, Bloomington, IL 61701
  • 311 E Locust St, Bloomington, IL 61701
    311 E Locust St, Bloomington, IL 61701
    311 E Locust St, Bloomington, IL 61701
    /13

    $750 Per Month

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    311 E Locust St, Bloomington, IL 61701

    This cozy 1-bedroom, 1-bathroom apartment offers 715 square feet of comfortable living space. The unit features hardwood floors throughout, providing a warm and inviting atmosphere. Situated in a prime location, the apartment is just a short walk from downtown Bloomington, offering easy access to local shops, restaurants, and entertainment venues. Additionally, Illinois Wesleyan University is

    311 E Locust St, Bloomington, IL 61701
Illinois Mclean County

Studio Condos for Rent in Bloomington, IL

Frequently Asked Questions

How much does it cost to rent a condo in Bloomington, IL?
The median rent for a condo in Bloomington, IL is $1,095 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Bloomington, IL?
To comfortably afford the median rent in Bloomington, IL, a household needs to earn roughly $46,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,150 per month in Bloomington, IL, renters typically need to show $3,450 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Bloomington, IL?
In Bloomington, IL, the price-to-rent ratio is 18.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Bloomington, IL

There are currently 3 condos available for rent in Bloomington, IL. The median rent is $1,095 per month, with 1-bedroom condos renting at $850, 2-bedroom condos at $1,100 and 3-bedroom condos at $1,473.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,095
Median 1 Bedroom Condo Rent
$850
Median 2 Bedroom Condo Rent
$1,100
Median 3 Bedroom Condo Rent
$1,473
How to Rent a Home

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