Median rent
for residential apartments
in Bloomington, MN
as of May, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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|
136 Bloomington, MN, USA apartments for rent
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$2, 000 - 3 Bedroom 1 Bathroom Nicely Updated Bloomington Home
10325 Washburn Ave S
3
Bed
1
Bath
960
Sq Ft
$2, 200 - 3 Bedroom 3 Bathroom Townhouse In Eagan With Great Amenities
2113 Cedar Grove Trail, Unit 15390
3
Bed
3
Bath
1,733
Sq Ft
Home For Rent In Bloomington, Minnesota
8304 Washburn Avenue South, Bloomington, MN 55431, USA
4
Bed
3
Bath
2,169
Sq Ft
Wooded refuge in the heart of the city
10535 Morgan Avenue South, Bloomington, MN 55431, USA
5
Bed
3
Bath
260
m
Home For Rent In Bloomington, Minnesota
9359 Wyoming Avenue South, Bloomington, MN 55438, USA
4
Bed
4
Bath
4,554
Sq Ft
Comfort & Convenience Awaits! On-Site Restaurant, Free Breakfast and Parking
Bloomington, MN
1
Bed
1
Bath
300
Sq Ft
Relax and Unwind! 4 Comfortable Units, Free Breakfast, Pool, Free Parking
Bloomington, MN
4
Bed
4
Bath
900
Sq Ft
Comfort & Convenience Await! 3 Convenient Units, Free Breakfast, Restaurant
Bloomington, MN
3
Bed
3
Bath
900
Sq Ft
Fun for the Whole Family! 4 Great Units, On-Site Bar, Pool, Free Breakfast.
Bloomington, MN
4
Bed
4
Bath
900
Sq Ft
Minnesota Dream! 2 Convenient Units, Pool, Free Breakfast, Free Parking
Bloomington, MN
2
Bed
2
Bath
600
Sq Ft
Great Amenities & Location! Pool, Free Breakfast! Close to SeaLife Minnesota!
Bloomington, MN
1
Bed
1
Bath
300
Sq Ft
Relaxing Getaway! Free Breakfast & Parking, Minutes to Lake Harriet Park!
Bloomington, MN
1
Bed
1
Bath
300
Sq Ft
Bloomington
Bloomington, MN has a population of 85,417, while the median age is 42. The household income in Bloomington, MN is around $70,512. The homeownership rate among the residents is 68%. The median residential property value in Bloomington, MN that you should keep in mind is $227,900.
| Population | 85,417 |
| Median Age | 42.2 |
| Poverty Rate | 7% |
| Household Income | $70,512 |
| Number Of Employees | 46,753 |
| Median Property Value | $227,900 |
Housing Trends
Average apartment rent in Bloomington:
$1,482 (-63.1%)
Rent Price |
May | vs Last Month |
|---|---|---|
| Studio apartments | $1,299 | -28.6% |
| 1-bed apartments | $1,299 | -46.6% |
| 2-bed apartments | $1,554 | -47.1% |
| 3-bed apartments | $2,791 | -73.6% |
| 4+ bed apartments | $2,962 | -78.4% |
Over the May 2023, the average rent for an apartment in/near Bloomington, MN decreased by 63.1% to $1,482.
Compared to the last month, the average price for a rental studio in Bloomington, MN has decreased by 28.6%. You can expect to rent the studio for $1,299 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 46.6% to $1,299. Pricing for 2-bed apartment also decreased by 47.1% and a place of this size will now cost you $1,554. 3-bed apartment rent pricing starts at $2,791, it decreased by 73.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 78.4% and made it down to $2,962.
Rent Type Price |
May | vs Last Month |
|---|---|---|
| Houses for rent | $3,019 | -65% |
| Apartments for rent | $1,386 | -4.2% |
| Condos for rent | $1,850 | -76.6% |
| Townhouses for rent | $2,600 | N/A |
The median rent for an apartment in Bloomington, MN decreased by 4.2% to $1,386. Statistics show that house rent price decreased by 65% this month making it up to $3,019. Condos faced an upward trend these days. The median rent for a condo decreased by 76.6%, it’s now available for $1,850. If you’re looking for a room, the price tag still starts at $700. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $2,600.
Rent vs Own
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