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Rental Market Trends in Bloomington, MN

What is the average rent in Bloomington, MN?

$1,385/month

Average Rent

750 Sq Ft

Average Apartment Size

+2.5%

Increase in the Last Year

As of September 2025, the average rent in Bloomington, MN is $1,385 per month. This is 15% lower than the national average rent of $1,639/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 $1,296 per month for a studio, $1,385 for a one-bedroom apartment, and around $1,770 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,214 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,296/month
531 Sq Ft
One Bedroom
$1,385/month
750 Sq Ft
Two Bedroom
$1,770/month
1,010 Sq Ft
Three Bedroom
$2,214/month
1,281 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,511/month
1,846 Sq Ft
Four Bedroom
$3,140/month
2,218 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,335/month
671 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Bloomington, MN?

In the past year, rent has increased by 2.5%, which averages out to $35 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Bloomington, MN
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Bloomington, MN
Percentage*
Rent Range
0% Below $700/month
10% $700 - $1,000/month
63% $1,001 - $1,500/month
21% $1,501 - $2,000/month
6% 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, Georgetown Park Townhomes, East Bloomington and Bloomington West are the most affordable neighborhoods in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Georgetown Park Townhomes
$1,232/month
682 Sq Ft
East Bloomington
$1,452/month
778 Sq Ft
Bloomington West
$1,670/month
774 Sq Ft
Normandale Lake
$2,008/month
733 Sq Ft
South Loop
$2,063/month
731 Sq Ft
Pebblebrook West
$2,276/month
786 Sq Ft

What are the most expensive neighborhoods in Bloomington?

Based on current rent prices, Pebblebrook West, South Loop and Normandale Lake are the most expensive neighborhoods in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pebblebrook West
$2,276/month
786 Sq Ft
South Loop
$2,063/month
731 Sq Ft
Normandale Lake
$2,008/month
733 Sq Ft
Bloomington West
$1,670/month
774 Sq Ft
East Bloomington
$1,452/month
778 Sq Ft
Georgetown Park Townhomes
$1,232/month
682 Sq Ft

Which Bloomington neighborhoods have the most rentals available?

The neighborhoods in Bloomington with the most apartments available are Bloomington West, South Loop and Normandale Lake .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bloomington West
$1,670/month
774 Sq Ft
South Loop
$2,063/month
731 Sq Ft
Normandale Lake
$2,008/month
733 Sq Ft
East Bloomington
$1,452/month
778 Sq Ft
Pebblebrook West
$2,276/month
786 Sq Ft
Georgetown Park Townhomes
$1,232/month
682 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Bloomington is $1,385, you’ll want to make about $4,616 per month or $55,392 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.

City

Bloomington, MN

1,706 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Bloomington, MN 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, MN

Apartment Averages

Georgetown Park Townhomes

Bloomington, MN

Pebblebrook West

Bloomington, MN

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

Nearby City Rent Trends

  • Burnsville Average Rent
  • Richfield Average Rent
  • Savage Average Rent
  • Edina Average Rent
  • Eagan Average Rent
  • Apple Valley Average Rent
  • Eden Prairie Average Rent
  • Mendota Heights Average Rent
  • Hopkins Average Rent

Apartment communities in Bloomington we think you'll love

Normandale Lake Estates

Normandale Lake Estates

5233-5277 W 82nd St,
Bloomington, MN 55437

$1,250 - $1,525

1-2 Beds

Risor of Bloomington 55+

Risor of Bloomington 55+

8131 34th Ave S,
Bloomington, MN 55425

$2,079 - $3,442

1-2 Beds

Paragon Apartments

Paragon Apartments

10670 Brunswick Rd,
Bloomington, MN 55438

$1,240 - $1,885

1-2 Beds

Willows On France/ RAIT

Willows On France/ RAIT

8848 Goodrich Rd,
Bloomington, MN 55437

$1,179 - $1,569

1-2 Beds

Property Management Companies in Bloomington, MN

Highland Management Group
Highland Management Group
  • 30

    Communities

  • 3,579

    Units

  • 19

    Cities

7 Communities in Bloomington
Bader Companies
Bader Companies
  • 73

    Communities

  • 11,160

    Units

  • 28

    Cities

6 Communities in Bloomington
Cushman & Wakefield
Cushman & Wakefield
  • 529

    Communities

  • 122,066

    Units

  • 270

    Cities

4 Communities in Bloomington
Halverson and Blaiser
Halverson and Blaiser
  • 46

    Communities

  • 3,988

    Units

  • 17

    Cities

3 Communities in Bloomington
Great Lakes Management
Great Lakes Management
  • 22

    Communities

  • 2,459

    Units

  • 15

    Cities

3 Communities in Bloomington
Hempel
Hempel
  • 12

    Communities

  • 699

    Units

  • 4

    Cities

3 Communities in Bloomington
Greystar
Greystar
  • 3,361

    Communities

  • 936,302

    Units

  • 860

    Cities

2 Communities in Bloomington
Bigos Management
Bigos Management
  • 53

    Communities

  • 10,059

    Units

  • 23

    Cities

2 Communities in Bloomington

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United States Minnesota 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity