Rent by ZIP · Monroe County
Rent in Bloomington, IN 47408
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,260 (+5% vs FY2026). Renters in this ZIP code pay a median $1,215 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,010 | $960 | +5.2% | $909–1,111 | $979 ±$93 |
| 1 bedroom | $1,100 | $1,060 | +3.8% | $990–1,210 | $968 ±$37 |
| 2 bedrooms | $1,260 | $1,200 | +5% | $1,134–1,386 | $1,258 ±$80 |
| 3 bedrooms | $1,610 | $1,560 | +3.2% | $1,449–1,771 | $1,825 ±$283 |
| 4 bedrooms | $1,940 | $1,890 | +2.6% | $1,746–2,134 | $1,841 ±$586 |
Small Area FMRs for the Bloomington, IN HUD Metro FMR Area. 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 47408
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 47406 | Bloomington | $1,270 | – |
| 47404 | Bloomington | $1,270 | $1,218 |
| 47403 | Bloomington | $1,170 | $1,111 |
| 47401 | Bloomington | $1,290 | $1,253 |
| 47421 | Bedford | $1,050 | $890 |
| 47424 | Bloomfield | $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.