Bloomington, MN Rental Market Trends
What is the average rent in Bloomington?
The average rent for an apartment in Bloomington is $1,572. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Bloomington, MN
| Average Rent | Average Apartment Size |
|---|---|
| $1,572 | 930 sq. ft. |
What is the average apartment size in Bloomington?
The average size for a Bloomington, MN apartment is 930 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.
Bloomington, MN apartment rent ranges
Bloomington, MN Occupied Housing Units
11,308 or 32% of the households in Bloomington, MN are renter-occupied while 23,756 or 68% are owner-occupied.
Bloomington, MN rent trends
Average Rent in Bloomington, MN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Dayton | $1,793 |
| Osseo | $1,793 |
| Maple Grove | $1,788 |
| St. Louis Park | $1,747 |
| Corcoran | $1,687 |
| Rogers | $1,687 |
| Eden Prairie | $1,685 |
| Minneapolis | $1,659 |
| Golden Valley | $1,646 |
| Edina | $1,628 |
| Hopkins | $1,597 |
| Plymouth | $1,595 |
| Minnetonka | $1,584 |
| Spring Park | $1,477 |
| Medicine Lake | $1,471 |
| Robbinsdale | $1,373 |
| New Hope | $1,321 |
| Minnetonka Beach | $1,306 |
| Orono | $1,306 |
| Wayzata | $1,306 |
| Woodland | $1,306 |
| St. Anthony | $1,274 |
| Crystal | $1,248 |
| Brooklyn Park | $1,221 |
| Richfield | $1,190 |
| Deephaven | $1,184 |
| Brooklyn Center | $1,134 |
| Mound | $1,098 |
| Minnetrista | $1,051 |
| Shorewood | $1,051 |
| Champlin | $1,045 |
| Excelsior | $1,033 |
| Greenwood | $1,033 |
| Tonka Bay | $1,033 |
What are the most affordable neighborhoods in Bloomington?
The most affordable neighborhoods in Bloomington are Excelsior, where the average rent goes for $1,033/month, Greenwood, where renters pay $1,033/mo on average, and Tonka Bay, where the average rent goes for $1,033/mo. If you’re looking for other great deals, check out the listings from Champlin ($1,045), Minnetrista ($1,051), and Shorewood ($1,051), where the asking prices are below the average Bloomington rent of $1,572/mo.
What are the most expensive neighborhoods in Bloomington?
The most expensive neighborhoods in Bloomington are Maple Grove ($1,788), Dayton ($1,793) and Osseo ($1,793).
What are the most popular neighborhoods in Bloomington?
The most popular neighborhood in Bloomington is Minneapolis, where there are 225 listings with an average rent of $1,659. Next up is St. Louis Park, where apartments go for $1,747/month, followed by Edina with $1,628 If you’re looking to rent in Bloomington’s most popular neighborhoods, make sure to also check out Plymouth, where renters pay $1,595 on average, and Minnetonka, where the average monthly rent is $1,584.
Bloomington | Rent Comparison by Neighborhood
Rent in Brooklyn Center is 7% lower than in Brooklyn Park
Brooklyn Center rent is 28% lower than Bloomington average
| Average Rent | $1,134 |
|---|
Brooklyn Park rent is 22% lower than Bloomington average
| Average Rent | $1,221 |
|---|
How Bloomington Compares to Other Cities
| City | Average Rent |
|---|---|
| Minneapolis | $1,659 |
| St. Paul | $1,396 |
| Moorhead | $963 |
| St. Louis Park | $1,747 |
| St. Cloud | $984 |
| Bloomington | $1,572 |
| Edina | $1,628 |
| Coon Rapids | $1,329 |
| Plymouth | $1,595 |
| Minnetonka | $1,584 |
| Eden Prairie | $1,685 |
| Woodbury | $1,812 |
| Eagan | $1,493 |
| Burnsville | $1,446 |
| Maplewood | $1,208 |
| Roseville | $1,310 |
| Chaska | $1,487 |
| Golden Valley | $1,646 |
| West St. Paul | $1,234 |
| Hopkins | $1,597 |
| Brooklyn Center | $1,134 |
Most Popular Apartments in Bloomington
Aire MSP Apartments
3 Appletree Square, Bloomington, MN 55425- Studio
- 1 BED
- 2 BEDS
- $1,150+
- $1,450+
- $1,800+