138 Luxury Apartments for rent in Bloomington, IN

Last updated July 18 at 6:50pm UTC
Steeplechase
3400 S Sare Rd
Bloomington, IN
Updated July 18 at 6:50pm UTC
1 Bedroom
$975
2 Bedrooms
$1,295
1045 S Manor Road
Elm Heights
Bloomington, IN
Updated July 18 at 2:29pm UTC
3 Bedrooms
$1,500
214 S Hillsdale Ct
Green Acres
Bloomington, IN
Updated July 18 at 10:12am UTC
3 Bedrooms
$1,680
441 Somersbe Place
Bloomington
Bloomington, IN
Updated July 17 at 9:24am UTC
3 Bedrooms
$1,300
711 N Lincoln
High Point
Bloomington, IN
Updated July 17 at 9:24am UTC
5 Bedrooms
$4,250
1209 South Lincoln Street
Bryan Park
Bloomington, IN
Updated July 17 at 9:23am UTC
3 Bedrooms
$1,600
310 E. 16th Street - 310
Garden Hill
Bloomington, IN
Updated July 17 at 9:23am UTC
3 Bedrooms
$1,725
620 S Ballantine
Elm Heights
Bloomington, IN
Updated July 17 at 9:23am UTC
3 Bedrooms
$1,900
408 E. Cottage Grove - 408
Old Northeast
Bloomington, IN
Updated July 17 at 9:23am UTC
5 Bedrooms
$4,200
308 E 7th Street - 308
Old Northeast
Bloomington, IN
Updated July 17 at 9:23am UTC
10 Bedrooms
$9,000
213 North Grant
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,600
426 E 6th Street
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,750
320 E. 10th Street - 320
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
4 Bedrooms
$3,400
323 N. Grant
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
4 Bedrooms
$3,400
416 North Jefferson St
Green Acres
Bloomington, IN
Updated July 17 at 9:22am UTC
3 Bedrooms
$1,500
314 E. 10th Street - 314
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,250
223 E 8th Street - 223
High Point
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,250
316 E. 8th Street - 316
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,250
403 N. Dunn Street
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
4 Bedrooms
$3,400
318 E. 10th Street - 318
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,250
316 E. 7th Street - 316
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
4 Bedrooms
$3,700
424 E. 6th Street
Old Northeast
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,750
511 N. Lincoln Street
High Point
Bloomington, IN
Updated July 17 at 9:22am UTC
5 Bedrooms
$4,000
418 E. 8th Street
Old Northeast
Bloomington, IN
Updated July 17 at 9:23am UTC
8 Bedrooms
$6,800

July 2018 Bloomington Rent Report

Welcome to the July 2018 Bloomington Rent Report. Bloomington rents increased over the past month. In this report, we'll evaluate trends in the Bloomington rental market, including comparisons to cities throughout the state and nation.

View full Bloomington Rent Report
Rent Report
Bloomington

July 2018 Bloomington Rent Report

Welcome to the July 2018 Bloomington Rent Report. Bloomington rents increased over the past month. In this report, we'll evaluate trends in the Bloomington rental market, including comparisons to cities throughout the state and nation.

Bloomington rent trends were flat over the past month

Bloomington rents have remained flat over the past month, however, they have increased slightly by 1.4% year-over-year. Currently, median rents in Bloomington stand at $730 for a one-bedroom apartment and $930 for a two-bedroom. Bloomington's year-over-year rent growth leads the state average of 1.2%, but is in line with the national average of 1.4%.

Rents rising across cities in Indiana

Throughout the past year, rent increases have been occurring not just in the city of Bloomington, but across the entire state. Of the largest 10 cities that we have data for in Indiana, all of them have seen prices rise. The state as a whole logged rent growth of 1.2% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Fishers is the most expensive of all Indiana's major cities, with a median two-bedroom rent of $1,200; of the 10 largest Indiana cities that we have data for, all have seen rents rise year-over-year, with South Bend experiencing the fastest growth (+9.6%).
  • Noblesville, Indianapolis, and Bloomington have all experienced year-over-year growth above the state average (5.6%, 1.8%, and 1.4%, respectively).

Bloomington rents more affordable than many large cities nationwide

As rents have increased slightly in Bloomington, large cities nationwide have seen rents grow more quickly. Bloomington is still more affordable than most large cities across the country.

  • Bloomington's median two-bedroom rent of $930 is below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year, which matches the increase in Bloomington.
  • While Bloomington's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.0%) and Minneapolis (-0.1%).
  • Renters will find more reasonable prices in Bloomington than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three times the price in Bloomington.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.