3 Square
916 N College Ave,
Bloomington, IN 47404
$750 - $950
Studio
Rental Market Trends in Bloomington, IN
What is the average rent in Bloomington, IN?
$1,123/month
Average Rent
653 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of October 2025, the average rent in Bloomington, IN is $1,123 per month. This is 31% lower than the national average rent of $1,630/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 $976 per month for a studio, $1,123 for a one-bedroom apartment, and around $1,306 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,786 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Bloomington, IN?
In the past year, rent has increased by 0.7%, which averages out to $8 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 October 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bloomington?
Based on current rent prices, Downtown Bloomington IN, Highland Village and Rolling Meadows are the most affordable neighborhoods in Bloomington.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bloomington?
Based on current rent prices, Highland Village, Rolling Meadows and Downtown Bloomington IN are the most expensive neighborhoods in Bloomington.
Neighborhood
Average Rent
Average Sq Ft
Which Bloomington neighborhoods have the most rentals available?
The neighborhoods in Bloomington with the most apartments available are Downtown Bloomington IN, Highland Village and Rolling Meadows .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bloomington, IN?
Because the average rent in Bloomington is $1,123, you’ll want to make about $3,743 per month or $44,916 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, IN is 0.3% lower than the national average. Generally, housing in Bloomington is 0.5% less expensive than the national average, with rent falling between $976 - $1,786. You can expect to pay 1.3% less for groceries, 11.5% less for utilities, and 2.6% more for transportation.
How does Bloomington, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Bloomington, IN 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.
Studio
$931/month
-
One Bedroom
$1,076/month
-
Two Bedroom
$1,462/month
-
Three Bedroom
$2,100/month
-
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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 September 2025.
* Percentages may not total 100 due to rounding.