Bloomington, IN has a population of 83,636, while the median age is 24. The household income in Bloomington, IN is around $33,172. The homeownership rate among the residents is 34%. The median residential property value in Bloomington, IN that you should keep in mind is $176,300.
Population | 83,636 |
Median Age | 23.8 |
Poverty Rate | 37% |
Household Income | $33,172 |
Number Of Employees | 40,044 |
Median Property Value | $176,300 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $1,048 | -29% |
1-bed apartments | $1,331 | -40.4% |
2-bed apartments | $2,293 | -47.7% |
3-bed apartments | $3,332 | -50.7% |
4+ bed apartments | $4,706 | -47.6% |
Over the May 2023, the average rent for an apartment in/near Bloomington, IN decreased by 51.9% to $2,624.
Compared to the last month, the average price for a rental studio in Bloomington, IN has decreased by 29%. You can expect to rent the studio for $1,048 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 40.4% to $1,331. Pricing for 2-bed apartment also decreased by 47.7% and a place of this size will now cost you $2,293. 3-bed apartment rent pricing starts at $3,332, it decreased by 50.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 47.6% and made it down to $4,706.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $4,798 | -39.9% |
Condos for rent | $3,654 | -5.6% |
Apartments for rent | $1,561 | -17% |
Duplexes for rent | $1,200 | N/A |
The median rent for an apartment in Bloomington, IN decreased by 17% to $1,561. Statistics show that house rent price decreased by 39.9% this month making it up to $4,798. Condos faced an upward trend these days. The median rent for a condo decreased by 5.6%, it’s now available for $3,654. An average duplex is now available for $1,200, cause median rent for a duplex remains the same this month. If you’re looking for a room, the price tag still starts at $450. The median price did not change this time.