What is the average apartment size in Downtown Bloomington, Bloomington, IN?

The average size for a Downtown Bloomington, Bloomington, IN apartment is 933 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Downtown Bloomington?

As of Mar / 2026, the average rent in Downtown Bloomington is $2,402 per month, a 2.17% increase from last years average of $2,351.

What is the average apartment size in Downtown Bloomington?

The typical apartment in Downtown Bloomington offers about 933 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Downtown Bloomington, Bloomington, IN Rental Market Trends

Q: What's the typical rent budget in Downtown Bloomington?

The typical rent budget in Downtown Bloomington ranges from $3,000 to per month, with 32% of rentals in this range.

Q: Do most people rent or own in Downtown Bloomington?

In Downtown Bloomington, 48% of households rent while 55% own their homes, based on the latest U.S. Census data.

Last updated: April 25, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Bloomington is $2,402, a 2.17% increase compared to the previous year, when the average rent was $2,351.

One-bedroom apartments provide 583 square feet for $1,419, balancing privacy and affordability.

Two-beedroom units at $2,276 offer 889 square feet, perfect for roommates or small families.

Average rent in Downtown Bloomington, Bloomington, IN

Last updated: April 25, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,402	933 sq. ft.
Studio	n/a	n/a
1 Bed	$1,419	583 sq. ft.
2 Beds	$2,276	889 sq. ft.
3 Beds	n/a	n/a

Downtown Bloomington, Bloomington, IN rent trends

Rental prices in Downtown Bloomington, Bloomington, IN have increased by 2.17% over the past year. The average rent moved from $2,351 to $2,402.

What's the typical rent budget in Downtown Bloomington, Bloomington, IN?

The largest share of rentals in Downtown Bloomington, Bloomington, IN (32%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Bloomington, Bloomington, IN?

20 or 48% of the households in Downtown Bloomington, Bloomington, IN are renter-occupied while 23 or 55% are owner-occupied.

Most affordable neighborhoods in Downtown Bloomington?

Barclay Gardens $1,116/month

Timber Ridge $1,145/month

Griffy Lake Nature Preserve $1,292/month

All of these neighborhoods fall below the city wide average of $1,699/month.

Most expensive neighborhoods in Downtown Bloomington?

Garden Hill $2,563/month

Indiana University $2,824/month

Old Northeast Bloomington $3,092/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Bloomington, IN By Neighborhood

Neighborhood	Average Rent
Old Northeast Bloomington	$3,092
Indiana University	$2,824
Garden Hill	$2,563
Downtown Bloomington	$2,402
Ridgemede	$1,796
Olcott Park	$1,670
Grandview Hill	$1,558
Weimer Lake	$1,424
Park Ridge	$1,406
Arlington Valley	$1,391
Griffy Lake Nature Preserve	$1,292
Timber Ridge	$1,145
Barclay Gardens	$1,116

Bloomington | Rent Comparison by Neighborhood

Rent in Downtown Bloomington is 73% higher than in Arlington Valley

$2,402

Downtown Bloomington rent is the same as Bloomington average

Average Rent $2,402

$1,391

Arlington Valley rent is 42% lower than Bloomington average

Average Rent $1,391

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Bloomington apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.