How many apartments are available in 55438 on Rentable.co?

Rentable.co has 4 apartments available for rent in 55438.

What is the average rent for an apartment in 55438?

The average rent for an apartment in 55438 is around $1,580 per month.

What is the average rent for a two-bedroom apartment in 55438?

The average rent for a two-bedroom apartment in 55438 is around $1,660 per month.

What is the average rent for a one-bedroom apartment in 55438?

The average rent for a one-bedroom apartment in 55438 is around $1,325 per month.

What is the average rent for a studio apartment in 55438?

The average rent for a studio apartment in 55438 is around $1,263 per month.

Apartments in 55438

Bloomington:
June Rent Report

Welcome to the June 2024 Bloomington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 key findings and figures for the Bloomington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Bloomington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Bloomington average rent prices in the chart below.

Monthly Rent Report

$1,850

$1,390

$930

$460

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

1 BR 2 BR

Bloomington Rent Prices Decrease From May to June

Bloomington rent prices decreased over the last month. From May to June, the city experienced a -0.48% decrease for the price of a one-bedroom apartment. The rent price for a Bloomington one-bedroom apartments currently stands at $1,645.0.

When we take a look at the two-bedroom comparison from May to June, Bloomington experienced a -0.68% decrease for the price of a two-bedroom apartment. The rent price for a Bloomington two-bedroom apartments currently stands at $1,751.0.

June Prices: Bloomington vs. Surrounding Areas

Rent Prices in Bloomington and Surrounding Areas

Rent prices have decreased in Bloomington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Bloomington suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Bloomington suburbs
Rents did not decrease in any of the Bloomington suburbs.

June 2024 Pricing Trends: Bloomington vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,132

$3,030

$2,390

$2,331

$1,905

$1,353

$1,259

$1,203

$1,350

$2,700

$4,050

$5,400

Median Rent

Bloomington Rent Prices More Affordable Than Major Cities

Rent growth in Bloomington over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Bloomington average rent prices appear to be relatively affordable for local residents.

The price for a Bloomington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Bloomington and surrounding area rent prices, take a look at the complete data set below.

Data set for Bloomington and suburbs

	1 BR June	1 BR M/M % Change	2 BR June	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.