Bloomington, IN Rental Market Trends
What is the average rent in Bloomington?
The average rent for an apartment in Bloomington is $1,612. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Bloomington, IN
Last updated March 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,612 | 916 sq. ft. |
What is the average apartment size in Bloomington?
The average size for a Bloomington, IN apartment is 916 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Bloomington, IN apartment rent ranges
Bloomington, IN Occupied Housing Units
21,199 or 65% of the households in Bloomington, IN are renter-occupied while 11,400 or 35% are owner-occupied.
Bloomington, IN rent trends
Average Rent in Bloomington, IN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Arlington Valley | $1,951 |
| Crescent Bend | $1,951 |
| Crestmont Tenants Association | $1,951 |
| Fritz Terrace | $1,951 |
| Maple Heights | $1,951 |
| Near West Side Bloomington | $1,951 |
| North Kinser Point | $1,951 |
| Northwood Estates | $1,951 |
| Sixth and Ritter | $1,951 |
| Waterman | $1,951 |
| Blue Ridge | $1,887 |
| Garden Hill | $1,887 |
| High Point | $1,887 |
| Matlock Heights | $1,887 |
| Old Northeast Bloomington | $1,887 |
| Grandview Hill | $1,857 |
| Green Acres | $1,857 |
| Griffy Lake Nature Preserve | $1,857 |
| Indiana University | $1,857 |
| Marlin Hills | $1,857 |
| Park Ridge | $1,857 |
| Park Ridge East | $1,857 |
| South Griffy | $1,857 |
| Downtown Bloomington | $1,615 |
| Highland Village | $1,603 |
| Prospect Hill | $1,603 |
| Arden Place | $1,455 |
| Barclay Gardens | $1,455 |
| Bentley Court | $1,455 |
| Bittner Woods | $1,455 |
| Bryan Park | $1,455 |
| Eastside Bloomington | $1,455 |
| Elm Heights | $1,455 |
| Gentry Estates | $1,455 |
| Hearthstone Village | $1,455 |
| Hoosier Acres | $1,455 |
| Hyde Park Village | $1,455 |
| Longwood Devon | $1,455 |
| Moss Creek Village | $1,455 |
| Olcott Park | $1,455 |
| Peppergrass | $1,455 |
| Pinestone | $1,455 |
| Ridgemede | $1,455 |
| Sherwood Oaks | $1,455 |
| So Max | $1,455 |
| Spicewood | $1,455 |
| St. James Woods | $1,455 |
| Sycamore Knolls | $1,455 |
| Timber Ridge | $1,455 |
| Walnut Creek | $1,455 |
| Broadview | $1,445 |
| McDeel Gardens | $1,445 |
| Sunny Slopes | $1,445 |
| Autumnview | $1,429 |
| Bloomington Country Club | $1,429 |
| Evergreen Village | $1,429 |
| Garden Acres | $1,429 |
| Leonard Springs | $1,429 |
| Rockport Hills | $1,429 |
| Southern Pines | $1,429 |
| Thompson Park | $1,429 |
| Van Buren Park | $1,429 |
| Weimer Lake | $1,429 |
| West Pointe | $1,429 |
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What are the most affordable neighborhoods in Bloomington?
The most affordable neighborhoods in Bloomington are Autumnview, where the average rent goes for $1,429/month, Bloomington Country Club, where renters pay $1,429/mo on average, and Evergreen Village, where the average rent goes for $1,429/mo. If you’re looking for other great deals, check out the listings from Garden Acres ($1,429), Leonard Springs ($1,429), and Rockport Hills ($1,429), where the asking prices are below the average Bloomington rent of $1,612/mo.
What are the most expensive neighborhoods in Bloomington?
The most expensive neighborhoods in Bloomington are Northwood Estates ($1,951), Sixth and Ritter ($1,951) and Waterman ($1,951).
What are the most popular neighborhoods in Bloomington?
The most popular neighborhood in Bloomington is Barclay Gardens, where there are 4 listings with an average rent of $1,455. Next up is Weimer Lake, where apartments go for $1,429/month, followed by Arlington Valley with $1,951 If you’re looking to rent in Bloomington’s most popular neighborhoods, make sure to also check out Eastside Bloomington, where renters pay $1,455 on average, and Grandview Hill, where the average monthly rent is $1,857.
Bloomington | Rent Comparison by Neighborhood
Rent in Arden Place is 25% lower than in Arlington Valley
$1,455
Arden Place rent is 10% lower than Bloomington average
Average Rent
$1,455
$1,951
Arlington Valley rent is 21% higher than Bloomington average
Average Rent
$1,951
How Bloomington Compares to Other Cities
| City | Average Rent |
|---|---|
| Indianapolis | $1,195 |
| Greenwood | $1,233 |
| Bloomington | $1,612 |
| Jeffersonville | $1,156 |
| Carmel | $1,623 |
| Fishers | $1,508 |
| Lafayette | $1,038 |
| New Albany | $1,058 |
| Fort Wayne | $1,107 |
| Noblesville | $1,488 |
| South Bend | $1,322 |
| Plainfield | $1,438 |
| Franklin | $1,321 |
| Camby | $1,402 |
| Southport | $1,050 |
What is the average price for a storage unit in Bloomington?
The average rent for a non-climate-controlled 10'x10' storage unit in Bloomington is $143. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Bloomington
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Midtown Lofts
345 S. College Ave, Bloomington, IN 47403| 1 BED | $1,300 |
| 2 BEDS | $1,350 |
| 3+ BEDS | $2,675 |
Smith Flats
610 N Smith Rd, Bloomington, IN 47408| 1 BED | $1,200 |
3 Square
916 N College Ave, Bloomington, IN 47404| Studio | $1,100 |
Regency Court Apartments
1616 S Henderson, Bloomington, IN 47401| 1 BED | $720+ |
| 2 BEDS | $890+ |
| 3+ BEDS | $1,490+ |