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Rent by ZIP · Monroe County

Rent in Bloomington, IN 47404

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,270 (+2.4% vs FY2026). Renters in this ZIP code pay a median $1,148 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,020$990+3%$918–1,122$788 ±$260
1 bedroom$1,110$1,100+0.9%$999–1,221$886 ±$98
2 bedrooms$1,270$1,240+2.4%$1,143–1,397$1,218 ±$148
3 bedrooms$1,620$1,610+0.6%$1,458–1,782$1,267 ±$154
4 bedrooms$1,960$1,950+0.5%$1,764–2,156$1,410 ±$581

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 47404

Median gross rent$1,148±$93 · all sizes
Renter households4,32142% of occupied homes
No cash rent132households

How rents are spread

Under $1,00040%
$1,000–1,49935%
$1,500–1,99918%
$2,000–2,4995%
$2,500–2,9991%
$3,000–3,4990%
$3,500+1%

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
47406Bloomington$1,270–
47401Bloomington$1,290$1,253
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.