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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 $137,306, lower than the Maryland average of $450,578.
The average cost of rent is $783/mo in Bloomington, primarily driven by the current value of real estate in the Bloomington area. In Bloomington, 6.45% of households rent, and 52.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bloomington is $4,959 per month. Households that rent pay about 15.79% of their income on rent here. Bloomington’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Luke, MD: less expensive homes
- Piedmont, WV: less expensive homes
- Westernport, MD: less expensive homes
- Reynolds, MD: equally priced homes
- Bethel, MD: equally priced homes
- Dogwood Flats, MD: less expensive homes
- Barton, MD: less expensive homes
- Moscow, MD: higher priced homes
- Nikep, MD: less expensive homes
- Keyser, WV: higher priced homes
Cities with Similar Populations
- Linwood, TX: less expensive homes
- Nimrod, MN: higher priced homes
- Newtown, MO: less expensive homes
- New Miner, WI: higher priced homes
- New Lebanon, IL: higher priced homes
- Mount Olive, SC: equally priced homes
- Mount Meigs, AL: higher priced homes
- Morrowville, KS: less expensive homes
- Morgan, KY: less expensive homes
- Mannington, KY: higher priced homes
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