Welcome to the Apartment List March 2026 Rent Report for Bloomington, MN. Currently, the overall median rent in the city stands at $1,505, after rising 0.7% last month. Prices and are now up 1.0% year-over-year. Read on to learn more about what’s been happening in the Bloomington rental market and how it compares to trends throughout the broader Minneapolis metro area and the nation as a whole.