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Studio Apartments for Rent in Bloomington, IL

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  • /61

    Starting at $982 Per Month

    • Studio - 2 Beds

    3102 E Hamilton Rd, Bloomington, IL 61704

    At Brookridge Heights Apartments we strive to be the premier apartment community in Bloomington-Normal Illinois. We offer studio, one and two bedroom apartments conveniently located near State Farm, OSF St. Joseph Medical Center and Country Financial. We are excited to offer the most amenities in town, including outdoor heated pool, complimentary car wash, electric vehicle charging stations,

    Brookridge Heights Apartments

    (309) 487-2871

    3102 E Hamilton Rd, Bloomington, IL 61704
  • /18

    $2,385 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

    (309) 233-2176

    1805 S Veterans Pkwy, Bloomington, IL 61701
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    Starting at $546

    Total Monthly Price

    • Studio - 2 Beds

    510 E Washington St, Bloomington, IL 61701

    Washington Senior Apartments in Bloomington, IL, is a beautifully renovated community within Bloomington High School, offering affordable housing for adults 55+. Choose from unique studio, 1, and 2-bedroom apartments with great amenities, including fully equipped kitchens, a fitness center, elevators, a community room, off-street parking and more! Pet-friendly and designed for comfort and

    Washington Senior Apartments

    (855) 684-0127

    510 E Washington St, Bloomington, IL 61701

Why Live in Bloomington

The Constitution Trail network provides 24 miles of paved paths connecting Bloomington's parks and neighborhoods, making outdoor recreation easily accessible throughout the city. Residents enjoy cultural attractions like the McLean County Museum of History, housed in the historic courthouse, and the Bloomington Center for the Performing Arts which hosts diverse shows and concerts. The Miller Park Zoo delights families with its interactive exhibits and petting zoo, while Lake Bloomington and Comlara Park provide opportunities for boating, fishing, and camping. The downtown area features unique local restaurants like Biaggi's Ristorante Italiano and Thai House of Bloomington alongside independent shops and galleries.

The median price for single family homes in Bloomington is $265,000, with significant variation by neighborhood. Eagle Crest commands a median price of $373,800, while homes in the historic Dimmitt's Grove neighborhood have a median price of $150,000. Condominiums present a more affordable option, with median prices of $99,000 for one bedroom units and $155,000 for two bedrooms. The property tax rate in McLean County is 2.27%, comparable to nearby Peoria at 2.24%.

A family with school age children needs approximately $108,000 annually to live comfortably, while renters should aim for $62,000. The overall cost of living is 2.1% above the national average. Major employers include State Farm Insurance's corporate headquarters, Country Financial, and Rivian Automotive. The city connects to Chicago and St. Louis via Interstates 55 and 74, with Amtrak providing daily rail service. Public schools like Northpoint Elementary and Normal Community High School have earned A minus ratings from Niche.

Frequently Asked Questions

How much does it cost to rent a home in Bloomington, IL?
The median rent for a home in Bloomington, IL is $1,270 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses 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 $50,800 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 $1,270 per month in Bloomington, IL, renters typically need to show $3,810 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 16.7, 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.

Rental Home Trends in Bloomington, IL

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,270
Median Single Family Home Rent
$1,650
Median Townhouse Rent
$1,420
Median Condo Rent
$1,140
How to Rent a Home