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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 $338,242, lower than the New York average of $610,895.
The average cost of rent is $1,351/mo in Bloomington, primarily driven by the current value of real estate in the Bloomington area. In Bloomington, 22.19% of households rent, and 20.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bloomington is $5,975 per month. Households that rent pay about 22.61% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rosendale, NY: equally priced homes
- Rifton, NY: less expensive homes
- Ulster Park, NY: less expensive homes
- Cottekill, NY: equally priced homes
- Tillson, NY: less expensive homes
- Hurley, NY: higher priced homes
- Port Ewen, NY: less expensive homes
- Kingston, NY: equally priced homes
- Esopus, NY: less expensive homes
- West Park, NY: less expensive homes
Cities with Similar Populations
- Lakeview, LA: less expensive homes
- Griffithville, AR: less expensive homes
- Handle, MS: less expensive homes
- Spring Glen, PA: less expensive homes
- Hayden, AZ: less expensive homes
- Heberlig, PA: less expensive homes
- Hooker, GA: less expensive homes
- South Shore, SD: less expensive homes
- Hytop, AL: less expensive homes
- Indian Village, IN: less expensive homes
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