Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bloomington area can be challenging. Home prices in Bloomington are now at a median cost of $186,842, lower than the Illinois average of $242,002.
The average cost of rent is $988/mo in Bloomington, primarily driven by the current value of real estate in the Bloomington area. While nearly 39.21% of residents own their homes outright in Bloomington, 30.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bloomington is $7,470 per month. Households that rent pay about 13.23% of their income on rent here. Bloomington's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Normal, IL: equally priced homes
- Shirley, IL: equally priced homes
- Randolph, IL: equally priced homes
- Downs, IL: higher priced homes
- Towanda, IL: higher priced homes
- Holder, IL: higher priced homes
- Hudson, IL: equally priced homes
- Padua, IL: less expensive homes
- Heyworth, IL: equally priced homes
- Carlock, IL: equally priced homes
Cities with Similar Populations
- Manhattan, NY: higher priced homes
- Madison, AL: higher priced homes
- Los Angeles, CA: higher priced homes
- Lucin, UT: higher priced homes
- Macon, GA: less expensive homes
- Manchester, NH: higher priced homes
- Land O' Lakes, FL: higher priced homes
- Lafayette, LA: higher priced homes
- Lafayette, IN: less expensive homes
- Lithonia, GA: less expensive homes
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