Rentometer, Inc. | Data as of 10/22/2025
Bloomington’s rental market blends the energy of a vibrant college town with the comfort of family‑friendly neighborhoods. Tenants can choose from modern apartments near the Indiana University campus, where studio and one‑bedroom units typically sit in the $1200s, or spacious two‑ and three‑bedroom options that reach the $1400‑$1800 range. For those seeking a standalone residence, single‑bedroom houses often rent around $1100, while larger three‑ and four‑plus bedroom homes command rates in the $2300 and $4500 brackets respectively, reflecting the area’s desirable blend of amenities and space.
The city’s diverse districts cater to a variety of lifestyles. Downtown Bloomington offers walkable access to cultural venues, boutique shops, and the historic Courthouse Square, making it ideal for renters who value city living. The Hill and Westwood neighborhoods provide a quieter, tree‑lined environment close to the university’s research parks, while Northeast Bloomington features newer developments with easy routes to Monroe Lake and the scenic B-Line Trail. These neighborhoods are praised for their strong sense of community, well‑maintained streets, and proximity to top‑rated schools.
Beyond housing, Bloomington boasts a rich cultural scene, from the IU Arts Center and local breweries to extensive outdoor recreation along the Bloomington Rail Trail and the nearby Hoosier National Forest. This combination of academic vitality, recreational opportunities, and a range of rental options makes Bloomington an attractive destination for students, professionals, and families alike, supporting a dynamic and resilient rental market.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $1,188 | $1,194 | $875 - $1,529 | $950 - $1,359 |
Apartment | 1 Bedroom | $1,179 | $1,200 | $500 - $1,777 | $967 - $1,365 |
Apartment | 2 Bedroom | $1,427 | $1,360 | $950 - $2,400 | $1,099 - $1,640 |
Apartment | 3 Bedroom | $1,743 | $1,699 | $650 - $4,050 | $1,065 - $1,999 |
Apartment | 4+ Bedroom | $2,644 | $2,400 | $909 - $5,500 | $1,214 - $4,500 |
House | 1 Bedroom | $1,128 | $1,175 | $685 - $1,679 | $900 - $1,275 |
House | 2 Bedroom | $1,644 | $1,600 | $999 - $2,500 | $1,450 - $1,800 |
House | 3 Bedroom | $2,336 | $2,150 | $1,100 - $5,800 | $1,850 - $2,650 |
House | 4+ Bedroom | $4,568 | $4,199 | $1,400 - $10,500 | $2,950 - $6,270 |
In the current period, the average rent in Bloomington was $1,189 for Studio, $1,167 for 1 Bedroom, $1,527 for 2 Bedroom, $2,254 for 3 Bedroom, and $3,256 for 4+ Bedroom.
Data provided by Rentometer, Inc.