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Rent by ZIP · Monroe County

Rent in Bloomington, IN 47401

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,290 (+4.9% vs FY2026). Renters in this ZIP code pay a median $1,232 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,030$980+5.1%$927–1,133$1,039 ±$208
1 bedroom$1,130$1,090+3.7%$1,017–1,243$1,084 ±$66
2 bedrooms$1,290$1,230+4.9%$1,161–1,419$1,253 ±$109
3 bedrooms$1,650$1,600+3.1%$1,485–1,815$1,610 ±$257
4 bedrooms$1,990$1,940+2.6%$1,791–2,189$3,058 ±$1,159

Small Area FMRs for the Bloomington, IN HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Bloomington, IN HUD Metro FMR Area, 2 bedrooms: $1,252.

What renters pay in 47401

Median gross rent$1,232±$61 · all sizes
Renter households9,21247% of occupied homes
No cash rent292households

How rents are spread

Under $1,00030%
$1,000–1,49937%
$1,500–1,99923%
$2,000–2,4995%
$2,500–2,9993%
$3,000–3,4990%
$3,500+2%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
47403Bloomington$1,170$1,111
47404Bloomington$1,270$1,218
47406Bloomington$1,270–
47408Bloomington$1,260$1,258
47421Bedford$1,050$890
47424Bloomfield$1,080$874

Fair Market Rents across Monroe County, IN · All IN counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.