How many apartments are available in 47408 on Rentable.co?

Rentable.co has 211 apartments available for rent in 47408.

What is the average rent for an apartment in 47408?

The average rent for an apartment in 47408 is around $1,200 per month.

What is the average rent for a two-bedroom apartment in 47408?

The average rent for a two-bedroom apartment in 47408 is around $1,200 per month.

What is the average rent for a one-bedroom apartment in 47408?

The average rent for a one-bedroom apartment in 47408 is around $1,099 per month.

What is the average rent for a studio apartment in 47408?

The average rent for a studio apartment in 47408 is around $1,170 per month.

Apartments in 47408

Bloomington:
March Rent Report

Welcome to the March 2026 Bloomington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 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 average rent prices in the chart below.

Monthly Rent Report

$1,700

$1,280

$850

$430

Apr. 2025

May. 2025

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

Mar. 2026

1 BR 2 BR

Bloomington Rent Prices Decrease From February to March

Bloomington rent prices decreased over the last month. From February to March, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Bloomington one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from February to March, Bloomington experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Bloomington two-bedroom apartments currently stands at $.

March Prices: Bloomington vs. Surrounding Areas

Rent Prices in Bloomington and Surrounding Areas

Rent prices have decreased 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, 0 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
Rents did not decrease in any of the Bloomington suburbs.

March 2026 Pricing Trends: Bloomington vs. National Comparisons

Bloomington Rent Prices More Affordable Than Major Cities

Rent growth in Bloomington over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Bloomington average 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.

For more information about Bloomington and surrounding area rent prices, take a look at the complete data set below.

Data set for Bloomington and suburbs

	1 BR March	1 BR M/M % Change	2 BR March	2 BR M/M % Change

Methodology

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.