Renter Resources
Tenant Rights 101: What Every Renter Should Know
Your landlord can't just walk in, raise your rent overnight, or kick you out on a whim, but many renters don't know that.
•13 min read
What to Know About
Living in 47401
Bloomington, located in southern Indiana, is a charming and historic city known for its vibrant arts scene, mouth-watering cuisine, and scenic beauty. Learn about the city's history and culture by visiting the Indiana University Art Museum, the Monroe County History Center, and the WonderLab Museum of Science, Health, and Technology. The city is home to Indiana University and the Hoosiers, known for its academic programs and vibrant campus life.
Get ready to discover the great outdoors with unique places like the Hoosier National Forest, Griffy Lake Nature Preserve, and B-Line Trail. Bloomington also offers a range of dining experiences, from farm-to-table cuisine to global dining options. Mark your calendar for the Lotus World Music & Arts Festival, Limestone Comedy Festival, and Fourth Street Arts Festival - three of the city's most popular events that bring together music, arts, and culture in a way you won't find anywhere else.
Bloomington is a fantastic place to call home, offering a warm and welcoming community, a vibrant cultural scene, and plenty of opportunities to explore all that Southern Indiana has to offer.
Rental Market Trends
Bloomington, IN
As of November 2025, Bloomington's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Bloomington's average rent is 42.3% ($541) higher than the Indiana average of $1,278 and 1.3% ($24) higher than the U.S. average of $1,795.
Average Rent
$1,819
Monthly ChangeMonth Over Month Change
0.5% ($9)
Yearly ChangeYear Over Year Change
7.4% ($145)
Avg. Days on MarketAverage Days on Market
51
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,131 | 0.5% ($6) | 4.3% ($51) |
| 2 Beds | $1,796 | 2% ($35) | 4.2% ($78) |
| 3 Beds | $2,854 | 2.4% ($71) | 2% ($55) |
| Nearby Cities | Average Rent | Avg. Rent vs. BloomingtonAverage Rent vs. Bloomington | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Ellettsville | $1,040 | 42.8% ($779) | 51 days |
| Martinsville | $1,105 | 39.3% ($714) | 31 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Bloomington Rental Market FAQs
Explore rental prices, market trends, and availability in Bloomington, IN.
The average rent in Bloomington, IN is $1,819 per month.
Homes in Bloomington typically rent for between $792 and $3,710 per month, with an average of $1,819 per month.
In Bloomington, the average rent for a 1-bedroom home is $1,131 per month, for a 2-bedroom home, $1,796 per month, and a 3-bedroom home is $2,854 per month.
The average rent in Bloomington is 1.3% ($24) higher than the national average of $1,795 per month.
The average rent in Bloomington has decreased by 0.5% ($9) in the last month and decreased by 7.4% ($145) over the past year.
The rental market in Bloomington, IN, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Bloomington, IN, the average rental stays on the market for approximately 51 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 630 rental properties available in Bloomington, IN.
Based on the current averages, a household would need an annual income of $71,840 to comfortably afford a 2-bedroom home in Bloomington.
