Bloomington, MN Rental Market Trends
What is the average rent in Bloomington?
The average rent for an apartment in Bloomington is $1,671. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Bloomington, MN
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,671 | 924 sq. ft. |
What is the average apartment size in Bloomington?
The average size for a Bloomington, MN apartment is 924 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
12,409 or 33% of the households in Bloomington, MN are renter-occupied while 25,244 or 67% are owner-occupied.
Bloomington, MN rent trends
Average Rent in Bloomington, MN By Neighborhood
| City | Average Rent |
|---|---|
| Osseo | $1,852 |
| Maple Grove | $1,838 |
| St. Louis Park | $1,750 |
| Corcoran | $1,728 |
| Rogers | $1,728 |
| Edina | $1,705 |
| Minneapolis | $1,665 |
| Golden Valley | $1,662 |
| Eden Prairie | $1,643 |
| Hopkins | $1,628 |
| Plymouth | $1,622 |
| Minnetonka | $1,616 |
| Spring Park | $1,533 |
| New Hope | $1,336 |
| Champlin | $1,322 |
| Crystal | $1,284 |
| Richfield | $1,257 |
| Orono | $1,247 |
| Brooklyn Park | $1,243 |
| Mound | $1,223 |
| Brooklyn Center | $1,196 |
| Shorewood | $1,174 |
/
/
What are the most affordable neighborhoods in Bloomington?
The most affordable neighborhoods in Bloomington are Shorewood, where the average rent goes for $1,174/month, Brooklyn Center, where renters pay $1,196/mo on average, and Mound, where the average rent goes for $1,223/mo. If you’re looking for other great deals, check out the listings from Brooklyn Park ($1,243), Orono ($1,247), and Richfield ($1,257), where the asking prices are below the average Bloomington rent of $1,671/mo.
What are the most expensive neighborhoods in Bloomington?
The most expensive neighborhoods in Bloomington are St. Louis Park ($1,750), Maple Grove ($1,838) and Osseo ($1,852).
What are the most popular neighborhoods in Bloomington?
The most popular neighborhood in Bloomington is Minneapolis, where there are 7 listings with an average rent of $1,665. Next up is Plymouth, where apartments go for $1,622/month, followed by Brooklyn Center with $1,196 If you’re looking to rent in Bloomington’s most popular neighborhoods, make sure to also check out Brooklyn Park, where renters pay $1,243 on average, and Edina, where the average monthly rent is $1,705.
Bloomington | Rent Comparison by Neighborhood
Rent in Brooklyn Center is 4% lower than in Brooklyn Park
$1,196
Brooklyn Center rent is 28% lower than Bloomington average
Average Rent
$1,196
$1,243
Brooklyn Park rent is 26% lower than Bloomington average
Average Rent
$1,243
How Bloomington Compares to Other Cities
| State | Average Rent |
|---|---|
| Minneapolis | $1,665 |
| Bloomington | $1,671 |
| St. Paul | $1,416 |
| Eagan | $1,569 |
| Fridley | $1,373 |
| Plymouth | $1,622 |
| Brooklyn Park | $1,243 |
| Edina | $1,705 |
| Minnetonka | $1,616 |
| Ramsey | $1,455 |
| Rochester | $1,488 |
| St. Cloud | $1,059 |
| St. Louis Park | $1,750 |
| Brooklyn Center | $1,196 |
| Cottage Grove | $1,367 |
| Spring Park | $1,533 |
What is the average price for a storage unit in Bloomington?
The average rent for a non-climate-controlled 10'x10' storage unit in Bloomington is $106.53. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Bloomington
Mall Of America (Bloomington) Taxi And Shuttle Center
Lindau Lane & Ikea Way, Bloomington, MN 55425| STUDIO | $23,000 |
Kevins Mall Of America
Kevins Mall Of America, Milwaukee, WI 53203| STUDIO | $3,000 |
International Village
201 West 96Th Street, Bloomington, MN 55420| 1 BED | $807+ |
| 2 BEDS | $1,283+ |
Cardinals Path
6225 Hackberry Creek Trail, Bloomington, MN| STUDIO | $865 |