Rental market snapshot for Bloomington, Indiana

Bloomington, Indiana Rental Property Market Overview

Bloomington, Indiana is a vibrant city with a population of 79,968 as of 2021, according to the US Census. It is home to Indiana University, which provides a wide range of cultural and educational opportunities. The city is known for its lively downtown area, which features a variety of restaurants, shops, and entertainment venues. Bloomington also has a variety of parks and outdoor recreation areas, making it a great place to explore and enjoy the outdoors.

The average rent for an apartment in Bloomington is $1,855. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Bloomington Indiana | Cost of Living

  • The most expensive ZIP code in Bloomington is 47408 with an average price of $1,863.
  • The cheapest ZIP code in Bloomington is 47403 with an average price of $1,228.

Bloomington ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
147408$1,863
247401$1,650
347404$1,595
447403$1,228

Live near Bloomington, Indiana's Top Sights and Attractions

Jordan Hall Greenhouse is a lush oasis of tropical plants, flowers, and trees located on the campus of a large university. Visitors can explore the winding paths and admire the vibrant colors of the exotic plants, while learning about the different species from the knowledgeable staff. The greenhouse also features a variety of educational programs and events throughout the year, making it a great place to explore and learn about the natural world.

Dunn Meadow Cafe is a popular outdoor cafe located on the campus of Indiana University in Bloomington. It offers a variety of food and drinks, including coffee, tea, sandwiches, salads, and desserts. The cafe has a relaxed atmosphere and is a great place to meet up with friends or just relax and enjoy the scenery. It is surrounded by lush green lawns and trees, and is a great spot to take in the beauty of the campus.

Dunn Meadow is a large, open green space located in the heart of a college town. It features a large pond, walking trails, and plenty of open grassy areas for picnicking, sunbathing, and playing sports. The meadow is surrounded by trees, providing plenty of shade and a peaceful atmosphere. It is a popular spot for students, locals, and visitors alike.

Untitled 2001 is an interactive art installation located in a public park in Bloomington, Indiana. It consists of a large steel sculpture in the shape of a cube, which is filled with a variety of objects and materials. Visitors can explore the cube and interact with the objects inside, such as mirrors, bells, and other objects. The installation also features a variety of sound and light effects, which are triggered by the movement of visitors.

Human Sculptures on IU Campus is an outdoor art installation located on the grounds of Indiana University in Bloomington. The sculptures are made of bronze and depict various figures in various poses, including a family, a couple, and a group of students. The sculptures are meant to represent the diversity of the university's student body and to serve as a reminder of the importance of community. The sculptures are located in various locations around the campus, and visitors are encouraged to explore and appreciate the artwork.

Showalter Fountain is a beautiful bronze sculpture located in the center of a large public plaza. The fountain features a large central column with four smaller columns surrounding it, each topped with a bronze sculpture of a mythical creature. Water cascades from the top of the central column, creating a tranquil atmosphere in the plaza. The fountain is a popular spot for locals and visitors alike, and is a great place to relax and take in the beauty of the surrounding area.

Frank Southern Ice Arena is an indoor ice skating facility located in Bloomington, Indiana. It features two NHL-sized ice rinks, a pro shop, and a snack bar. The facility is open to the public for open skating, figure skating, and hockey. It also hosts a variety of tournaments and special events throughout the year.

Karst Farm Park is a sprawling outdoor recreation area located in the rolling hills of southern Indiana. It features a variety of activities, including a playground, walking trails, a fishing pond, picnic areas, and a disc golf course. The park also has a large open field, perfect for sports and other activities. During the summer months, visitors can enjoy the park's swimming pool, splash pad, and concession stand. With its lush green landscape and plenty of activities, Karst Farm Park is a great place to spend a day outdoors.

Miller Showers Park is a beautiful outdoor space located in the heart of Bloomington. It features a large pond, lush green lawns, and a variety of trees and shrubs. There are plenty of walking trails and benches to relax on, as well as a playground and picnic area. The park is also home to a variety of wildlife, including ducks, geese, and other birds. In the summer, visitors can enjoy the park's outdoor concerts and movies.

Fairfax State Recreation Area is a beautiful outdoor destination located in Bloomington, Indiana. It features a variety of activities, including hiking, biking, fishing, and camping. The park is home to a variety of wildlife, including deer, wild turkeys, and a variety of birds. The park also features a lake, which is great for swimming and boating. There are also several picnic areas, playgrounds, and a disc golf course. Fairfax State Recreation Area is a great place to spend a day outdoors and enjoy the beauty of nature.

Bloomington, Indiana area median rent change by ZIP code map

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How does Bloomington compare to other cities in Indiana?

citymedian price
Fortville$1,915
Danville$1,699
Granger$1,668
West Lafayette$1,500
Clarksville$1,421
Highland$1,409
Gary$995
La Porte$965
Elkhart$925

Average household income in Bloomington area graph - US Census

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The median household income in Bloomington in 2021 was $41,995. This represents a 54.9% change from 2011 when the median was $27,116.

#categorypercent
0Less than $10,00014.3%
1$10,000 to $14,9997.7%
2$15,000 to $19,9997.2%
3$20,000 to $24,9996.7%
4$25,000 to $29,9994.0%
5$30,000 to $34,9994.2%
6$35,000 to $39,9994.4%
7$40,000 to $44,9994.6%
8$45,000 to $49,9994.9%
9$50,000 to $59,9997.5%
10$60,000 to $74,9998.3%
11$75,000 to $99,9998.6%
12$100,000 to $124,9994.6%
13$125,000 to $149,9994.6%
14$150,000 to $199,9994.2%
15$200,000 or more4.1%

Neighborhoods in Bloomington

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Bloomington is $1,855.
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