What Does an Apartment Cost in Bloomington-Normal?
Living in Bloomington-Normal Is A Great Choice
If you're moving to Bloomington-Normal for school, congratulations! You'll love it. The area is bursting with great places to eat, shop, and enjoy your next step in life.
Apartments in the Blo-No area cost as low as $350 per month and reach up to more than $4,000 per month. Renting a room in a home, for example, is going to be more cost-efficient than renting a condo in Uptown.
In this post, you'll find tips on:
- What it costs to rent an apartment in Bloomington-Normal.
- How many bedrooms you should think about getting.
- What utilities and furnishings you'll want to know are included—or not included—in your rent.
All of these should be factors in picking your next apartment.
Take a look to learn more about how to look for an apartment in the Blo-No area!
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Budget vs. Luxury Apartments: What to Expect in Each Price Range
The Most Important Factor Is Rent
Your rent will be the main factor in choosing your next apartment.
Whether you choose a budget apartment or a luxury apartment, you'll need to know what rent is so that you can create a budget.
The first thing you'll need to know is how to budget. Budgeting can be difficult if you've never done it before. You'll need to know what your monthly income and expenses are so that you can determine what type of place you want to live in.
Then, you'll want to learn what the difference is between budget and luxury apartments. Think about factors such as:
- Whether the apartment is on-campus or off.
- How long your commute will be.
- Whether the apartment allows pets.
- What type of neighborhood the apartment is in.
Keep reading to learn how to create a budget and how you can find the best type of apartment for you.
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Apartment Living Can Be More Affordable Than Dorm Life
Dorm Life Isn't All It's Cracked Up To Be
Did you know that living in an apartment is typically more cost-effective than living in a dorm?
It is, if you plan correctly.
First, look at what's included in rent. Some agencies may only include the cost of a room in rent, but others may include a number of utilities and other perks.
Other factors you'll want to look for in the cost of comparing apartments to dorms are:
- Whether the deposit is refundable.
- What dorm meal plans look like.
- How much personal space you appreciate.
- How many bedrooms are in your desired apartment.
Take a closer look at these factors and more in our post on what makes apartment living great.
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How to Find Hidden Value in Student Housing
All Apartments Have Hidden Value
Think about your student housing costs as more than just renting a room, and suddenly, you start to realize how much your apartment truly offers you.
Your apartment may offer you unsung perks for:
- Fitness centers
- Security services and parking
- Close proximity to fun activities in the area
- Rewards to other partner businesses
Take a look at how your student housing adds up in these areas to understand where you can get the most value.