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Rental Market Trends in Bloomington, IL

What is the average rent in Bloomington, IL?

$977/month

Average Rent

714 Sq Ft

Average Apartment Size

+6.9%

Increase in the Last Year

As of January 2026, the average rent in Bloomington, IL is $977 per month. This is 40% lower than the national average rent of $1,625/month, making renting in Bloomington more affordable than most cities in the US. When you rent an apartment in Bloomington, you can expect to pay about $756 per month for a studio, $977 for a one-bedroom apartment, and around $1,125 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,507 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$756/month
443 Sq Ft
One Bedroom
$977/month
714 Sq Ft
Two Bedroom
$1,125/month
993 Sq Ft
Three Bedroom
$1,507/month
1,342 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,503/month
811 Sq Ft
Three Bedroom
$1,979/month
1,453 Sq Ft
Four Bedroom
$2,491/month
2,244 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,579/month
1,550 Sq Ft
Three Bedroom
$1,818/month
1,425 Sq Ft

How much has average rent changed in Bloomington, IL?

In the past year, rent has increased by 6.9%, which averages out to $68 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bloomington, IL
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Bloomington, IL
Percentage*
Rent Range
21% Below $700/month
40% $700 - $1,000/month
30% $1,001 - $1,500/month
7% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Bloomington?

Based on current rent prices, Hershey Grove is the most affordable neighborhood in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hershey Grove
$4,257/month
785 Sq Ft

What are the most expensive neighborhoods in Bloomington?

Based on current rent prices, Hershey Grove is the most expensive neighborhood in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hershey Grove
$4,257/month
785 Sq Ft

Which Bloomington neighborhoods have the most rentals available?

The neighborhood in Bloomington with the most apartments available is Hershey Grove .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hershey Grove
$4,257/month
785 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Bloomington, IL?

Because the average rent in Bloomington is $977, you’ll want to make about $3,256 per month or $39,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Bloomington, IL is 0.5% higher than the national average. Generally, housing in Bloomington is 7.9% less expensive than the national average, with rent falling between $756 - $1,507. You can expect to pay 1.4% less for groceries, 5.4% more for utilities, and 0.4% more for transportation.

City

Bloomington, IL

636 Available Apartments for Rent

Search for Nearby Apartments

How does Bloomington, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Bloomington, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Bloomington, IL

Apartment Averages

Hershey Grove

Bloomington, IL

Hershey Grove

Bloomington, IL

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Search
Search

Apartment communities in Bloomington we think you'll love

Brookridge Heights Apartments

Brookridge Heights Apartments

3102 E Hamilton Rd,
Bloomington, IL 61704

$800 - $10,720

Studio - 2 Beds

Carden Springs

Carden Springs

1808 Carden Springs Cir,
Normal, IL 61761

$1,620 - $2,800

1-3 Beds

Harvest View

Harvest View

1710-1791 Putnam Ave,
Normal, IL 61761

$1,365 - $1,425

2 Beds

Wingover Luxury Apartments and Townhomes

Wingover Luxury Apartments and Townhomes

1016 Haeffele Way,
Bloomington, IL 61704

$1,200 - $1,900

1-3 Beds

Property Management Companies in Bloomington, IL

Fairlawn Real Estate
Fairlawn Real Estate
  • 18

    Communities

  • 3,158

    Units

  • 10

    Cities

3 Communities in Bloomington
Trinity Property Consultants
Trinity Property Consultants
  • 164

    Communities

  • 42,814

    Units

  • 96

    Cities

2 Communities in Bloomington
Pretium Partners, LLC
Pretium Partners, LLC
  • 284

    Communities

  • 84,199

    Units

  • 167

    Cities

1 Community in Bloomington
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 316

    Communities

  • 77,332

    Units

  • 143

    Cities

1 Community in Bloomington
Princeton Management
Princeton Management
  • 121

    Communities

  • 20,584

    Units

  • 62

    Cities

1 Community in Bloomington
The Michaels Organization
The Michaels Organization
  • 73

    Communities

  • 12,187

    Units

  • 61

    Cities

1 Community in Bloomington
Haley Communities
Haley Communities
  • 40

    Communities

  • 8,319

    Units

  • 33

    Cities

1 Community in Bloomington
Towne Properties
Towne Properties
  • 68

    Communities

  • 12,800

    Units

  • 27

    Cities

1 Community in Bloomington

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United States Illinois Bloomington Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity