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Rental Market Trends in Bloomington, MN

Updated September 2026

The average rent in Bloomington, MN is $1,419/month.

Rent in Bloomington is roughly equal to the national average rent of of $1,665/month.

$1,419/month

Average Rent

748 Sq Ft

Average Size

+2.3%

Change / Year

1,098

Available Apartments

Bloomington rent varies by unit size and layout:

  • Studio apartments in Bloomington average $1,331 per month.
  • One-bedroom apartments in Bloomington average $1,419 per month.
  • Two-bedroom apartments in Bloomington average $1,785 per month.
  • Three-bedroom apartments in Bloomington average $2,330 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,331/month
539 Sq Ft
One Bedroom
$1,419/month
748 Sq Ft
Two Bedroom
$1,785/month
1,035 Sq Ft
Three Bedroom
$2,330/month
1,295 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,313/month
1,869 Sq Ft
Four Bedroom
$2,469/month
2,217 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,142/month
948 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,145/month
1,360 Sq Ft
View Bloomington Apartments

How much has average rent changed in Bloomington, MN?

In the past year, rent has increased by 2.3%, which averages out to $33 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Bloomington, MN

September 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
24% $1,501 - $2,000/month
6% 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, East Bloomington, Bloomington West and Normandale Lake are the most affordable neighborhoods in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Bloomington
$1,355/month
765 Sq Ft
Bloomington West
$1,524/month
743 Sq Ft
Normandale Lake
$1,743/month
713 Sq Ft
South Loop
$1,747/month
740 Sq Ft

What are the most expensive neighborhoods in Bloomington?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Loop
$1,747/month
740 Sq Ft
Normandale Lake
$1,743/month
713 Sq Ft
Bloomington West
$1,524/month
743 Sq Ft
East Bloomington
$1,355/month
765 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
$1,524/month
743 Sq Ft
South Loop
$1,747/month
740 Sq Ft
Normandale Lake
$1,743/month
713 Sq Ft
East Bloomington
$1,355/month
765 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 $1,419, you’ll want to make about $4,730 per month or $56,760 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

1,098 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.

View the Bloomington Area Guide

Apartment Averages

East Bloomington

Bloomington, MN

South Loop

Bloomington, MN

Studio
$1,027/month
$1,432/month
One Bedroom
$1,189/month
$1,652/month
Two Bedroom
$1,490/month
$2,086/month
Three Bedroom
$1,968/month
$2,875/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Richfield

    Richfield

    Avg Rent: $1,191/month

  • Burnsville

    Burnsville

    Avg Rent: $1,330/month

  • Savage

    Savage

    Avg Rent: $1,462/month

  • Edina

    Edina

    Avg Rent: $1,692/month

  • Eagan

    Eagan

    Avg Rent: $1,473/month

  • Apple Valley

    Apple Valley

    Avg Rent: $1,537/month

  • Eden Prairie

    Eden Prairie

    Avg Rent: $1,595/month

  • Mendota Heights

    Mendota Heights

    Avg Rent: $1,738/month

Apartment Communities in Bloomington We Think You'll Love

Bristol Village Apartments

Bristol Village Apartments

7301 Bristol Village Dr,
Bloomington, MN 55438

2 Beds | $2,012 - $2,042

Normandale Lake Estates

Normandale Lake Estates

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

1-2 Beds | $1,308 - $1,553

Paragon Apartments

Paragon Apartments

10670 Brunswick Rd,
Bloomington, MN 55438

1-2 Beds | $1,275 - $1,835

Willows On France

Willows On France

8848 Goodrich Rd,
Bloomington, MN 55437

1-2 Beds | $1,179 - $1,469

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Frequently Asked Questions

What is the average rent in Bloomington?

The average rent in Bloomington is $1,419 per month, which is 14.8% lower than the national average of $1,665.

What is the average rent for a house in Bloomington?

The average rent for a house in Bloomington, MN is $2,313 per month.

What is the average rent for a townhome in Bloomington?

The average rent for a townhome in Bloomington, MN is $2,145 per month.

Are rents going up or down in Bloomington?

Rents in Bloomington, MN are increasing, with prices up 2.3% year-over-year and $33 more per month.

What rent range is most common in Bloomington?

In Bloomington, MN, 61% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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