Bloomington is a great city with lots of great neighborhoods to live in and fun places to hang out. And the heart of the city is downtown. Living here means being able to walk out your door and right into Bloomington’s best outdoor cafes, restaurants, vibrant nightlife, and many businesses for working. But when you're searching for Downtown Bloomington Apartments it can difficult to sift through all of the listings on the web or walk the streets to find places in the area that you're looking for.
That's exactly why ABODO exists. We gather listings from all over the web and we add new properties every day. And we do all this just so we can make sure that you've got the freshest list of apartments in downtown Bloomington to choose from!
If you're not sure how much an apartment will cost, the table below shows the average price by size.
Welcome to the March 2021 Bloomington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2021 key findings and figures for the Bloomington rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Bloomington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Bloomington rent prices in the chart below.
Bloomington rent prices increased over the last month. From February to March, the city experienced a 1.06% increase for the price of a one-bedroom apartment. The rent price for a Bloomington one-bedroom apartments currently stands at $953.0.
When we take a look at the two-bedroom comparison from February to March, Bloomington experienced a 0.59% increase for the price of a two-bedroom apartment. The rent price for a Bloomington two-bedroom apartments currently stands at $1,366.0.
Rent prices have increased in Bloomington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Bloomington suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Bloomington suburbs
Rent decreased in Martinsville, IN.
1 suburb is currently priced lower than the city of Bloomington.
Rent growth in Bloomington over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Bloomington rent prices appear to be relatively affordable for local residents.
The price for a Bloomington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
You can view the full rundown of Rentable's March 2021 National Apartment Report and data set here.
For more information about Bloomington and surrounding area rent prices, take a look at the complete data set below.
|1 BR March||1 BR M/M % Change||2 BR March||2 BR M/M % Change|
Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.