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Rental Market Trends in Bloomington, MN

What is the average rent in Bloomington, MN?

$1,429/month

Average Rent

750 Sq Ft

Average Apartment Size

+2.2%

Increase in the Last Year

As of April 2026, the average rent in Bloomington, MN is $1,429 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Bloomington rent prices are 13% lower than the national average. When you rent an apartment in Bloomington, you can expect to pay about $1,319 per month for a studio, $1,429 for a one-bedroom apartment, and around $1,776 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,340 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,319/month
534 Sq Ft
One Bedroom
$1,429/month
750 Sq Ft
Two Bedroom
$1,776/month
1,035 Sq Ft
Three Bedroom
$2,340/month
1,301 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,739/month
1,927 Sq Ft
Four Bedroom
$3,152/month
2,392 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,499/month
766 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 2.2%, which averages out to $31 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bloomington, MN
Last Updated April 2026
$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
62% $1,001 - $1,500/month
21% $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, Georgetown Park Townhomes, East Bloomington and The Tarnhill are the most affordable neighborhoods in Bloomington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Georgetown Park Townhomes
$1,222/month
675 Sq Ft
East Bloomington
$1,307/month
724 Sq Ft
The Tarnhill
$1,440/month
748 Sq Ft
Bloomington West
$1,591/month
743 Sq Ft
Pebblebrook West
$1,785/month
795 Sq Ft
Normandale Lake
$1,810/month
727 Sq Ft
South Loop
$1,812/month
720 Sq Ft

What are the most expensive neighborhoods in Bloomington?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Loop
$1,812/month
720 Sq Ft
Normandale Lake
$1,810/month
727 Sq Ft
Pebblebrook West
$1,785/month
795 Sq Ft
Bloomington West
$1,591/month
743 Sq Ft
The Tarnhill
$1,440/month
748 Sq Ft
East Bloomington
$1,307/month
724 Sq Ft
Georgetown Park Townhomes
$1,222/month
675 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
$1,591/month
743 Sq Ft
East Bloomington
$1,307/month
724 Sq Ft
South Loop
$1,812/month
720 Sq Ft
Normandale Lake
$1,810/month
727 Sq Ft
The Tarnhill
$1,440/month
748 Sq Ft
Pebblebrook West
$1,785/month
795 Sq Ft
Georgetown Park Townhomes
$1,222/month
675 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 $1,429, you’ll want to make about $4,763 per month or $57,156 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

1,756 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

South Loop

Bloomington, MN

Studio
-
$1,428/month
One Bedroom
-
$1,638/month
Two Bedroom
-
$2,047/month
Three Bedroom
-
$2,742/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

$1,812 - $1,842 Total Monthly Price

2 Beds | 12 Month Lease

Paragon Apartments

Paragon Apartments

10670 Brunswick Rd,
Bloomington, MN 55438

$1,240 - $1,885 Total Monthly Price

1-2 Beds

Normandale Lake Estates

Normandale Lake Estates

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

$1,250 - $1,495 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

Property Management Companies in Bloomington, MN

Bader Companies
Bader Companies
  • 70

    Communities

  • 11,050

    Units

  • 24

    Cities

7 Communities in Bloomington
Highland Management Group
Highland Management Group
  • 33

    Communities

  • 3,849

    Units

  • 21

    Cities

7 Communities in Bloomington
Cushman & Wakefield
Cushman & Wakefield
  • 455

    Communities

  • 108,006

    Units

  • 227

    Cities

3 Communities in Bloomington
Halverson and Blaiser
Halverson and Blaiser
  • 43

    Communities

  • 3,925

    Units

  • 14

    Cities

3 Communities in Bloomington
Great Lakes Management
Great Lakes Management
  • 21

    Communities

  • 2,272

    Units

  • 14

    Cities

3 Communities in Bloomington
Hegenes Management, Inc.
Hegenes Management, Inc.
  • 25

    Communities

  • 2,464

    Units

  • 10

    Cities

3 Communities in Bloomington
Aeon
Aeon
  • 15

    Communities

  • 2,138

    Units

  • 10

    Cities

3 Communities in Bloomington
Hempel
Hempel
  • 13

    Communities

  • 817

    Units

  • 4

    Cities

3 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 February 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