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Rental Market Trends in Bloomington, MN

What is the average rent in Bloomington, MN?

$1,437/month

Average Rent

748 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

Bloomington, MN Rental Market Overview

The average rent in Bloomington, MN is $1,437 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Bloomington rent prices are 13% lower than the national average.

  • Studio apartments in Bloomington average $1,309 per month.
  • One-bedroom apartments in Bloomington average $1,437 per month.
  • Two-bedroom apartments in Bloomington average $1,791 per month.
  • Three-bedroom apartments in Bloomington average $2,288 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,309/month
535 Sq Ft
One Bedroom
$1,437/month
748 Sq Ft
Two Bedroom
$1,791/month
1,035 Sq Ft
Three Bedroom
$2,288/month
1,295 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$3,250/month
2,480 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,491/month
696 Sq Ft
Two Bedroom
$2,160/month
936 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 2.8%, which averages out to $40 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bloomington, MN
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Bloomington, MN
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
61% $1,001 - $1,500/month
23% $1,501 - $2,000/month
7% 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, East Bloomington, Bloomington West and South Loop are the most affordable neighborhoods in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Bloomington
$1,345/month
731 Sq Ft
Bloomington West
$1,589/month
747 Sq Ft
South Loop
$1,783/month
736 Sq Ft
Normandale Lake
$1,845/month
720 Sq Ft

What are the most expensive neighborhoods in Bloomington?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Normandale Lake
$1,845/month
720 Sq Ft
South Loop
$1,783/month
736 Sq Ft
Bloomington West
$1,589/month
747 Sq Ft
East Bloomington
$1,345/month
731 Sq Ft

Which Bloomington neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bloomington West
$1,589/month
747 Sq Ft
East Bloomington
$1,345/month
731 Sq Ft
South Loop
$1,783/month
736 Sq Ft
Normandale Lake
$1,845/month
720 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 $1,437, you’ll want to make about $4,790 per month or $57,480 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

1,692 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

East Bloomington

Bloomington, MN

Normandale Lake

Bloomington, MN

Studio
$1,037/month
$1,486/month
One Bedroom
$1,187/month
$1,633/month
Two Bedroom
$1,488/month
$2,111/month
Three Bedroom
$1,968/month
$3,150/month
Search
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Apartment communities in Bloomington we think you'll love

Bristol Village Apartments

Bristol Village Apartments

7301 Bristol Village Dr,
Bloomington, MN 55438

$1,992 - $2,022 Total Monthly Price

2 Beds | 12 Month Lease

Paragon Apartments

Paragon Apartments

10670 Brunswick Rd,
Bloomington, MN 55438

$1,240 - $1,825 Total Monthly Price

1-2 Beds

Normandale Lake Estates

Normandale Lake Estates

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

$1,308 - $1,553 Total Monthly Price

1-2 Beds | 12 Month Lease

Willows On France

Willows On France

8848 Goodrich Rd,
Bloomington, MN 55437

$1,179 - $1,469 Plus Fees

1-2 Beds | 12 Month Lease

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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 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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Equal Housing Opportunity