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Housing in Bloomington

A typical Bloomington home is worth about $316,000

Up 1.4% in a year, 21% above the Indiana typical home.

Typical home value
$316K
▲ 1.4% in a year · IN $260K
Zillow
2-bedroom rent
$1,220
a month, utilities in · HUD
Median tax bill
$1,931
IN $1,614

What kind of housing town is Bloomington?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $1,220

Renters already here pay a median of $1,194.

Fair Market Rent a month, utilities included

Studio$970
1 bedroom$1,080
2 bedrooms$1,220
3 bedrooms$1,580
4 bedrooms$1,910
68%
of households rent · IN 29%
9,784
renter households
71%
of renters spend 30%+ of income on rent · IN 48%
33%
of the median income, for a two-bedroom
$1,194
median rent paid today · Census

How Bloomington ranks on rent that’s easy to afford →

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bloomington, IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Affordability

A typical home costs 7.1 years of income

More than across Indiana (3.6 years). Try your own numbers below.

You could afford about
$181,000
Typical Bloomington home $316K

That’s $135K short of a typical Bloomington home.

The typical home, each month
$1,830
Loan $1,560Tax $180Insurance $90

A two-bedroom rents for about $1,220 a month here, $610 less than owning.

How Bloomington ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bloomington’s typical property tax (0.67% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Up 20.5% in five years

Slower than Indiana (28.9%).

BloomingtonIndiana
$100K$150K$200K$250K$300K$350K20182020202220242026
Show as a table
JanuaryBloomingtonIndiana
2017$176,000$135,000
2018$187,000$144,000
2019$200,000$154,000
2020$218,000$164,000
2021$241,000$183,000
2022$271,000$209,000
2023$289,000$227,000
2024$295,000$237,000
2025$309,000$249,000
2026$315,000$256,000
August 2026$316,000$260,000
Then & now

A typical Bloomington home worth $172K in September 2016 is worth about $316K today.

+$144K
+1.4%
past year
+20.5%
past 5 years
+83.6%
since 2016

How Bloomington ranks on rising home prices →

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

The homes

2 of Bloomington’s houses are on the National Register

Half of Bloomington’s homes were built before 1980.

History →
Owners and renters
Own 32%Rent 68%

Indiana: 71% own.

1980
typical home built · IN 1976
$1,931
median property tax bill · IN $1,614
0.67%
of a home’s value, a year in tax · IN 0.74%
2%
of homes are seasonal or vacation homes
Historic houses in Bloomington

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Next door

Bloomington vs. its neighbors

Bloomington is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Bloomington$316K+1.4%$1,220$44,748
Washington$276K*+5.5%†$1,200$80,233
Benton$345K*+20%†$1,210$90,296
Richland$263K*+3.7%†$1,210$100,957
Perry$327K*+1.1%†$1,190$66,567

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

On the market in Bloomington

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Bloomington buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Bloomington still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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