2026 Affordability Data
Most Affordable Neighborhoods in Bloomington - 2026 Data
The median home value in Bloomington is $190,700, 32% below nat'l avg. Median rent is $1,354/month. With an affordability index of 218, Bloomington is more affordable than the national baseline of 100. We ranked 0 neighborhoods by affordability to help you find the best value in the Bloomington, IL area.
Key Takeaways: Affordability in Bloomington
- 1Bloomington's median home value is $190,700, 32% below nat'l avg (national: $281,900).
- 2Bloomington's affordability index is 218 (baseline 100), making it more affordable than the national average.
- 3Median rent in Bloomington is $1,354/month, 16% above nat'l avg (national: $1,163/month).
Bloomington Affordability Overview
Median Home Value
$190,700
32% below nat'l avg
Median Rent
$1,354/mo
16% above nat'l avg
Median Income
$73,119
Near nat'l avg
Affordability Index
218
118% above nat'l avg
Frequently Asked Questions About Affordability in Bloomington
What is the median home price in Bloomington, IL?▾
The median home price in Bloomington is $190,700, which is 32% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Bloomington affordable compared to the national average?▾
Bloomington has an affordability index of 218, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Bloomington, IL?▾
The median monthly rent in Bloomington is $1,354. This is 16% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Bloomington?▾
The median household income in Bloomington is $73,119 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).