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 $212,817, higher than the Indiana average of $175,617.
The average cost of rent is $1,037/mo in Bloomington, primarily driven by the current value of real estate in the Bloomington area. While nearly 40.13% of residents own their homes outright in Bloomington, 48.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bloomington is $4,705 per month. Households that rent pay about 22.04% of their income on rent here. Bloomington's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Ellettsville, IN: less expensive homes
- Woodville Hills, IN: equally priced homes
- Stanford, IN: less expensive homes
- Harrodsburg, IN: higher priced homes
- Solsberry, IN: less expensive homes
- Unionville, IN: less expensive homes
- Needmore, IN: equally priced homes
- Freeman, IN: less expensive homes
- Belmont, IN: less expensive homes
- Stinesville, IN: less expensive homes
Cities with Similar Populations
- Lawrence, KS: higher priced homes
- Lawrence, MA: higher priced homes
- Lawton, OK: less expensive homes
- Laredo, TX: less expensive homes
- Lakewood, NJ: higher priced homes
- Lake Charles, LA: equally priced homes
- Livermore, CA: higher priced homes
- Lexington, KY: higher priced homes
- Lehigh Acres, FL: less expensive homes
- Lawrenceville, GA: higher priced homes
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