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Rental Market Trends in Bloomington, IN

What is the average rent in Bloomington, IN?

$1,124/month

Average Rent

662 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

As of March 2026, the average rent in Bloomington, IN is $1,124 per month. This is 31% lower than the national average rent of $1,626/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 $998 per month for a studio, $1,124 for a one-bedroom apartment, and around $1,323 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,811 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$998/month
397 Sq Ft
One Bedroom
$1,124/month
662 Sq Ft
Two Bedroom
$1,323/month
949 Sq Ft
Three Bedroom
$1,811/month
1,330 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$973/month
361 Sq Ft
Two Bedroom
$1,720/month
1,020 Sq Ft
Three Bedroom
$2,244/month
1,376 Sq Ft
Four Bedroom
$4,415/month
1,598 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,453/month
1,129 Sq Ft
Three Bedroom
$1,803/month
1,154 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,669/month
1,010 Sq Ft
Three Bedroom
$2,171/month
1,254 Sq Ft
Four Bedroom
$4,996/month
1,790 Sq Ft

How much has average rent changed in Bloomington, IN?

In the past year, rent has decreased by 0.4%, which averages out to $4 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bloomington, IN
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Bloomington, IN
Percentage*
Rent Range
9% Below $700/month
26% $700 - $1,000/month
35% $1,001 - $1,500/month
15% $1,501 - $2,000/month
15% 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, Tamarron, Sherwood Green and Downtown Bloomington IN are the most affordable neighborhoods in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Tamarron
$1,107/month
638 Sq Ft
Sherwood Green
$1,114/month
627 Sq Ft
Downtown Bloomington IN
$1,150/month
759 Sq Ft
Canada Park
$1,469/month
713 Sq Ft
Highland Village
$1,604/month
802 Sq Ft
Rolling Meadows
$1,604/month
802 Sq Ft
Arlington Valley
$1,682/month
783 Sq Ft

What are the most expensive neighborhoods in Bloomington?

Based on current rent prices, Arlington Valley, Highland Village and Rolling Meadows are the most expensive neighborhoods in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Arlington Valley
$1,682/month
783 Sq Ft
Highland Village
$1,604/month
802 Sq Ft
Rolling Meadows
$1,604/month
802 Sq Ft
Canada Park
$1,469/month
713 Sq Ft
Downtown Bloomington IN
$1,150/month
759 Sq Ft
Sherwood Green
$1,114/month
627 Sq Ft
Tamarron
$1,107/month
638 Sq Ft

Which Bloomington neighborhoods have the most rentals available?

The neighborhoods in Bloomington with the most apartments available are Highland Village, Rolling Meadows and Downtown Bloomington IN .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Highland Village
$1,604/month
802 Sq Ft
Rolling Meadows
$1,604/month
802 Sq Ft
Downtown Bloomington IN
$1,150/month
759 Sq Ft
Canada Park
$1,469/month
713 Sq Ft
Tamarron
$1,107/month
638 Sq Ft
Sherwood Green
$1,114/month
627 Sq Ft
Arlington Valley
$1,682/month
783 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Bloomington is $1,124, you’ll want to make about $3,746 per month or $44,952 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 0.8% less expensive than the national average, with rent falling between $998 - $1,811. You can expect to pay 1.5% more for groceries, 7.3% less for utilities, and 3.0% more for transportation.

City

Bloomington, IN

2,766 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Bloomington, IN

Apartment Averages

Tamarron

Bloomington, IN

Arlington Valley

Bloomington, IN

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Apartment communities in Bloomington we think you'll love

The Fields

The Fields

1333-1335 Fenbrook Ln,
Bloomington, IN 47401

$1,390 - $2,531

1-4 Beds

Hub Bloomington

Hub Bloomington

2038 N Walnut St,
Bloomington, IN 47404

$979 - $1,619

2-5 Beds

Elevate Apartments

Elevate Apartments

1414 W Arlington Rd,
Bloomington, IN 47404

$1,080 - $3,698

1-3 Beds

3 Square

3 Square

916 N College Ave,
Bloomington, IN 47404

$750 - $950

Studio

Property Management Companies in Bloomington, IN

Granite Student Living
Granite Student Living
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  • 1,596

    Units

  • 11

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16 Communities in Bloomington
HomeTown Property Group
HomeTown Property Group
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  • 3,583

    Units

  • 9

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4 Communities in Bloomington
Regency Properties
Regency Properties
  • 12

    Communities

  • 4,083

    Units

  • 5

    Cities

4 Communities in Bloomington
Birge & Held
Birge & Held
  • 106

    Communities

  • 22,650

    Units

  • 52

    Cities

2 Communities in Bloomington
Core Spaces
Core Spaces
  • 48

    Communities

  • 11,581

    Units

  • 31

    Cities

2 Communities in Bloomington
North Point Management Corporation
North Point Management Corporation
  • 29

    Communities

  • 4,384

    Units

  • 23

    Cities

2 Communities in Bloomington
The Annex Group
The Annex Group
  • 21

    Communities

  • 3,069

    Units

  • 20

    Cities

2 Communities in Bloomington
BAM Companies
BAM Companies
  • 25

    Communities

  • 5,981

    Units

  • 19

    Cities

2 Communities in Bloomington

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United States Indiana 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity