Bloomington, MN Rental Market Trends

Last updated: February 17, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Bloomington, MN

Last updated: February 17, 2026

Bloomington, MN rent trends

Rental prices in Bloomington, MN have increased by 3.25% over the past year. The average rent moved from $1,623 to $1,676.

What's the typical rent budget in Bloomington, MN?

The largest share of rentals in Bloomington, MN (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Bloomington, MN?

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Average Rent in Bloomington, MN By Neighborhood

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Bloomington | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Brooklyn Center is 1% lower than in Brooklyn Park

$1,323

Brooklyn Center rent is 21% lower than Bloomington average

Average Rent $1,323
$1,335

Brooklyn Park rent is 20% lower than Bloomington average

Average Rent $1,335

How Bloomington Compares to Other Cities

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 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.