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Rental Market Trends in Bloomington, IN

Updated July 2026

The average rent in Bloomington, IN is $1,108/month.

Rent in Bloomington is 33% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,108/month

Average Rent

658 Sq Ft

Average Size

-1.2%

Change / Year

1,688

Available Apartments

Bloomington rent varies by unit size and layout:

  • Studio apartments in Bloomington average $1,022 per month.
  • One-bedroom apartments in Bloomington average $1,108 per month.
  • Two-bedroom apartments in Bloomington average $1,305 per month.
  • Three-bedroom apartments in Bloomington average $1,665 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,022/month
404 Sq Ft
One Bedroom
$1,108/month
658 Sq Ft
Two Bedroom
$1,305/month
949 Sq Ft
Three Bedroom
$1,665/month
1,307 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,158/month
378 Sq Ft
Two Bedroom
$1,746/month
822 Sq Ft
Three Bedroom
$2,351/month
1,499 Sq Ft
Four Bedroom
$4,909/month
1,845 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,533/month
905 Sq Ft
Three Bedroom
$1,788/month
1,253 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,981/month
1,173 Sq Ft
Four Bedroom
$4,741/month
2,031 Sq Ft
View Bloomington Apartments

How much has average rent changed in Bloomington, IN?

In the past year, rent has decreased by 1.2%, which averages out to $13 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Bloomington, IN

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Bloomington, IN
Percentage*
Rent Range
9% Below $700/month
27% $700 - $1,000/month
37% $1,001 - $1,500/month
14% $1,501 - $2,000/month
13% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Bloomington?

Based on current rent prices, Downtown Bloomington IN is the most affordable neighborhood in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Bloomington IN
$1,215/month
671 Sq Ft

What are the most expensive neighborhoods in Bloomington?

Based on current rent prices, Downtown Bloomington IN is the most expensive neighborhood in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Bloomington IN
$1,215/month
671 Sq Ft

Which Bloomington neighborhoods have the most rentals available?

The neighborhood in Bloomington with the most apartments available is Downtown Bloomington IN .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Bloomington IN
$1,215/month
671 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 $1,108, you’ll want to make about $3,693 per month or $44,316 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 0.6% lower than the national average. Generally, housing in Bloomington is 0.8% less expensive than the national average, with rent falling between $1,022 - $1,665. You can expect to pay 1.4% more for groceries, 7.4% less for utilities, and 2.3% more for transportation.

City

Bloomington, IN

1,688 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.

View the Bloomington Area Guide

Apartment Averages

Downtown Bloomington IN

Bloomington, IN

Downtown Bloomington IN

Bloomington, IN

Studio
$1,029/month
$1,029/month
One Bedroom
$1,059/month
$1,059/month
Two Bedroom
$1,375/month
$1,375/month
Three Bedroom
$1,986/month
$1,986/month
View Rentals
View Rentals

Apartment Communities in Bloomington We Think You'll Love

The Fields

The Fields

1333-1335 Fenbrook Ln,
Bloomington, IN 47401

1-4 Beds | $1,290 - $2,450

Hub Bloomington

Hub Bloomington

2038 N Walnut St,
Bloomington, IN 47404

2-5 Beds | $799 - $1,619

Elevate Apartments

Elevate Apartments

1450 W Arlington Rd,
Bloomington, IN 47404

1-3 Beds | $874 - $2,100

Tenth & College Apartments

Tenth & College Apartments

601 North College,
Bloomington, IN 47404

Studio - 2 Beds | $999 - $1,998

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Frequently Asked Questions

What is the average rent in Bloomington?

The average rent in Bloomington is $1,108 per month, which is 33.3% lower than the national average of $1,662.

What is the average rent for a house in Bloomington?

The average rent for a house in Bloomington, IN is $2,351 per month.

Are rents going up or down in Bloomington?

Rents in Bloomington, IN are decreasing, with prices down 1.2% year-over-year and $13 less per month.

What rent range is most common in Bloomington?

In Bloomington, IN, 37% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity