Rent in 61704 (Bloomington, IL)
In ZIP 61704 (Bloomington, IL), a 2-bedroom typically rents for $1,153–$1,287 a month, 10% below the McLean County Fair Market Rent of $1,287. Other sizes: studio $928–$941, 1 bed $916–$996, 3 beds $1,650–$1,685, 4 beds $1,691–$2,150. Owner-occupied homes in McLean County pay about 2.17% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $928–$941 | $928 | $941in line |
| 1 bed | $916–$996 | $916 | $9968% below |
| 2 beds | $1,153–$1,287 | $1,153 | $1,28710% below |
| 3 beds | $1,650–$1,685 | $1,650 | $1,685in line |
| 4 beds | $1,691–$2,150 | $2,150 | $1,69127% above |
- Studio: Census ACS 5-year median gross rent $928 ±$173 (Dec 31, 2024); HUD Fair Market Rent (county) $941 (Oct 1, 2026)
- 1 bed: Census ACS 5-year median gross rent $916 ±$144 (Dec 31, 2024); HUD Fair Market Rent (county) $996 (Oct 1, 2026)
- 2 beds: Census ACS 5-year median gross rent $1,153 ±$41 (Dec 31, 2024); HUD Fair Market Rent (county) $1,287 (Oct 1, 2026)
- 3 beds: Census ACS 5-year median gross rent $1,650 ±$90 (Dec 31, 2024); HUD Fair Market Rent (county) $1,685 (Oct 1, 2026)
- 4 beds: Census ACS 5-year median gross rent $2,150 ±$367 (Dec 31, 2024); HUD Fair Market Rent (county) $1,691 (Oct 1, 2026)
Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
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Frequently asked questions
- What is the rent for a 2-bedroom in 61704?
- Typically $1,153–$1,287 a month, with a best guess of $1,153. That is 10% below the McLean County Fair Market Rent ($1,287).
- What is the rent for a 1-bedroom in 61704?
- Typically $916–$996 a month, with a best guess of $916. That is 8% below the McLean County Fair Market Rent ($996).
- What is the rent for a 3-bedroom in 61704?
- Typically $1,650–$1,685 a month, with a best guess of $1,650. That is in line with the McLean County Fair Market Rent ($1,685).
- What is the rent for a studio in 61704?
- Typically $928–$941 a month, with a best guess of $928. That is in line with the McLean County Fair Market Rent ($941).
- What is the rent for a 4-bedroom in 61704?
- Typically $1,691–$2,150 a month, with a best guess of $2,150. That is 27% above the McLean County Fair Market Rent ($1,691).
- What is the property tax rate in ZIP 61704?
- Owner-occupied homes in McLean County pay a typical 2.17% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do the 61704 rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).