Bloomington
Illinois ยท Ranked #14 of 373 metros
93Affordable
๐ก
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
๐$211K
Need $62K income
Median Rent
๐$1,013
Need $41K income
Building Permits
๐จ243
annual
Median Income
๐ฐ$77K
Pop: 179,782
Rent Burden
โ ๏ธ24.7%
of renters paying >30%
Homeownership
๐ก65.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Bloomington | National |
|---|---|---|
| Price-to-Income Ratio | 2.73x | 6.1x |
| Rent Burden | 24.7% | 31.5% |
| Homeownership Rate | 65.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000โ2025)
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%