Rent in Bloomington, IN
Across Bloomington's 8 ZIP codes, a 2-bedroom typically rents for about $1,252 a month, with figures from $1,111–$1,290. The highest typical rent is in 47401 ($1,272) and the lowest in 47403 ($1,111). 4 ZIPs have ZIP-level figures from HUD or Census; the other 4 use the county Fair Market Rent. Owner-occupied homes in Monroe County pay about 0.71% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,001 | $788–$1,105 | 8 |
| 1 bed | $1,096 | $886–$1,130 | 8 |
| 2 beds | $1,252 | $1,111–$1,290 | 8 |
| 3 beds | $1,601 | $1,267–$1,825 | 8 |
| 4 beds | $1,932 | $1,160–$3,058 | 8 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Bloomington ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Bloomington, IN?
- About $1,252 a month: the median of the typical rents in 8 ZIP codes, which range from $1,111–$1,290. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Bloomington, IN?
- About $1,096 a month: the median of the typical rents in 8 ZIP codes, which range from $886–$1,130. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Bloomington, IN?
- About $1,601 a month: the median of the typical rents in 8 ZIP codes, which range from $1,267–$1,825. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Bloomington, IN?
- About $1,001 a month: the median of the typical rents in 8 ZIP codes, which range from $788–$1,105. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Bloomington, IN?
- About $1,932 a month: the median of the typical rents in 8 ZIP codes, which range from $1,160–$3,058. Figures are gross rent (rent plus tenant-paid utilities).
- Which Bloomington ZIP code has the highest rent?
- For a 2-bedroom, 47401 has the highest typical rent at $1,272 a month, and 47403 the lowest at $1,111.
- What is the property tax rate in Bloomington, IN?
- Owner-occupied homes in Monroe County pay a typical 0.71% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Bloomington rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).