Bloomington

Illinois ยท Ranked #14 of 373 metros

93Affordable
๐Ÿ’ก
Housing in Bloomington costs 2.73ร— the median income, below the national average of 4.5ร—. The median home price is $211K and median rent is $1,013/month. Bloomington ranks #14 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$211K

Need $62K income

Median Rent

๐Ÿ”‘

$1,013

Need $41K income

Building Permits

๐Ÿ”จ

243

annual

Median Income

๐Ÿ’ฐ

$77K

Pop: 179,782

Rent Burden

โš ๏ธ

24.7%

of renters paying >30%

Homeownership

๐Ÿก

65.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricBloomingtonNational
Price-to-Income Ratio2.73x6.1x
Rent Burden24.7%31.5%
Homeownership Rate65.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +60.3%Since 2000: +98.8%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$927/mo
1 Bedroom$999/mo
2 Bedroom$1,302/mo
3 Bedroom$1,717/mo
4 Bedroom$1,724/mo

Zillow Market Data

Home Value (ZHVI)

$248K

1yr: +3.3%5yr: +39.6%

Rent (ZORI)

$1,329/mo

1yr: +4.6%5yr: +53.5%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$331K

Active Inventory

440

Days on Market

110

Sold Above List

12.3%

Price Drops

18.4%