In Bloomington, a typical home is worth $203,300 and typical rent is $1,050 a month. Home values, rent and income are very close to those of all of McLean County.
Typical home value from Zillow, September 2021 to September 2026: from $192,934 to $268,640.
Typical rent
$1,270a month
▲ 5.2% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $876 to $1,270.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Bloomington is in McLean County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of McLean County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Clinton, the typical home value is $102,800: 49% less than in Bloomington ($203,300).
2
Nearby, in Eureka, the typical rent is $692: 34% less than in Bloomington ($1,050).
3
According to Zillow, in the 12 months to September 2026 the typical home value in Bloomington rose 2.2%; in Illinois, it rose 5.3%.
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Bloomington
What homes there are in Bloomington, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Bloomington
McLean County
Illinois
United States
Kind of home: Bloomington and its comparisons
Measure
Bloomington
McLean County
Illinois
United States
Detached house
55%
60%
58%
61%
Attached house
6%
5%
6%
6%
Building of 2 to 4
8%
7%
12%
8%
Apartments (5 or more)
26%
24%
22%
19%
Mobile home
5%
4%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Bloomington, 6 in 10 homes are single-family detached houses; in McLean County, 6.
Year built
Before 19601960–19791980–19992000–20092010 or later
Bloomington
McLean County
Illinois
United States
Year built: Bloomington and its comparisons
Measure
Bloomington
McLean County
Illinois
United States
Before 1960
26%
23%
38%
26%
1960–1979
22%
25%
26%
24%
1980–1999
28%
27%
20%
25%
2000–2009
17%
17%
11%
14%
2010 or later
7%
8%
6%
11%
The typical year built in Bloomington is 1982, about the same as in McLean County (1981).
In Bloomington, 15% of homes have 1 bedroom or none (studios); 55% have 3 bedrooms or more, against 62% in McLean County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K15%
$100K–$200K34%
$200K–$300K26%
$300K–$500K21%
$500K–$750K4%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Bloomington and its comparisons
Measure
Bloomington
Under $100K
15%
$100K–$200K
34%
$200K–$300K
26%
$300K–$500K
21%
$500K–$750K
4%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA loan limit for McLean County is $541,287, and about 96% of owner-occupied homes in Bloomington are worth less than that.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5007%
$500–$99939%
$1,000–$1,49938%
HUD fair market rent, 2 bedrooms: $1,287
$1,500–$1,99912%
$2,000–$2,4992%
$2,500–$2,999Unreliable
$3,000 or more2%
Monthly rent with utilities: Bloomington and its comparisons
Measure
Bloomington
Under $500
7%
$500–$999
39%
$1,000–$1,499
38%
$1,500–$1,999
12%
$2,000–$2,499
2%
$2,500–$2,999
Unreliable estimate
$3,000 or more
2%
By rent, most homes in Bloomington cost less than HUD's 2-bedroom fair market rent ($1,287): about 67%.
With a mortgage
$1,621 a month
McLean County: $1,673 a month
Without a mortgage
$672 a month
McLean County: $713 a month
Owners with a mortgage
64%
McLean County: 63%
Owning costs about the same in Bloomington as in McLean County: with a mortgage, $1,621 a month; without one, $672.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Bloomington+21%
McLean County+25%
Illinois+35%
United States+53%
Typical rent
Bloomington+26%
McLean County+19%
Illinois+26%
United States+33%
Typical household income
Bloomington+15%
McLean County+18%
Illinois+27%
United States+29%
Change since 2015–2019: Bloomington and its comparisons
Measure
Bloomington
McLean County
Illinois
United States
Typical home value
+21%
+25%
+35%
+53%
Typical rent
+26%
+19%
+26%
+33%
Typical household income
+15%
+18%
+27%
+29%
The typical home value in Bloomington rose 21% since 2015–2019, less than in McLean County (25%).
Since 2015–2019, the typical rent in Bloomington rose 26%, more than in McLean County (19%).
The typical household income in Bloomington rose 15%: less than home values (+21%) and rent (+26%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Bloomington and its comparisons
Measure
Bloomington
McLean County
Illinois
United States
Rental vacancy
5.9%
5.5%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
1.0%
0.9%
More than one person per room
1.1%
1.3%
2.5%
3.4%
People per household
2.20
2.31
2.46
2.53
Drive alone
67%
69%
66%
69%
Carpool
8%
8%
8%
9%
Public transit
Unreliable estimate
1%
6%
3%
Walk or bike
3%
4%
3%
3%
Work from home
21%
18%
16%
15%
Other means
1%
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Much as in McLean County, the rental vacancy rate in Bloomington is 5.9%.
Much as in McLean County, 1.1% of households in Bloomington have more than one person per room.
Much as in McLean County, a household in Bloomington has 2.20 people on average.
In Bloomington, 21% of workers work from home, more than in McLean County (18%).
Do the math
What would you pay each month for a home in Bloomington?
A typical home is tight for the typical income
We start with a typical home in Bloomington, worth $203,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Bloomington, which is $77,384 a year. For that payment to be 28% of income, a household would need to earn about $81,049 a year.
The calculator's FHA and conventional loan limits are those of all of McLean County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Bloomington. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,116 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,891
at 7.18% · 30 years
Loan amount
$199,617
Total interest
$287,202
Paid off in
November 2056
Includes $3,433 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,806 a month
Tight
$1,806 to $2,322 a month
Your payment · 29%
Hard
more than $2,322 a month
Compared with the typical household income in Bloomington ($77,384 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,352
Property tax
$364
Home insurance
$85
FHA mortgage insurance (MIP)
$90
You need at least $7,116 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,891; principal and interest $1,352.
The city and its county
Bloomington and McLean County
Bloomington is in McLean County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Bloomington
Map of McLean County, Illinois, with Bloomington marked. Around it, the neighboring counties.
Bloomington
McLean County
Other cities with a page
Bloomington's own numbers
Typical home value
$203,300
Typical monthly rent
$1,050
Typical yearly household income
$77,384
Households that own their home
62%
Effective property tax rate
2.15%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of McLean County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,287
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
0.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of McLean County.
A typical home in Bloomington is worth $203,300: 2% below the county and 23% below Illinois. With the typical household income in Bloomington ($77,384 a year), a typical home costs 2.6 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Bloomington2.6 years
McLean2.6 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in McLean County
According to FHFA’s house price index, home prices in McLean County rose 60% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of McLean County.
Yearly change in FHFA’s price index in McLean County, 2016 to 2025
2016: +0.4% +0.4% 2016
2017: +0.4% +0.4% 2017
2018: −0.2% −0.2% 2018
2019: +1.3% +1.3% 2019
2020: +1.5% +1.5% 2020
2021: +9.3% +9.3% 2021
2022: +16.8% +16.8% 2022
2023: +9.1% +9.1% 2023
2024: +5.7% +5.7% 2024
2025: +5.0% +5.0% 2025
Change in FHFA’s price index in McLean County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+5.0%
+5.7%
+2.9%
5 years (2020–2025)
+54%
+47%
+47%
10 years (2015–2025)
+60%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Bloomington next to McLean County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Bloomington$203,300
McLean$208,400
Illinois$263,300
United States$332,700
Typical monthly rent
Bloomington$1,050
McLean$1,009
Illinois$1,274
United States$1,413
Typical yearly household income
Bloomington$77,384
McLean$79,905
Illinois$83,390
United States$80,734
See the full table
Bloomington next to McLean County and Illinois
Measure
Bloomington
McLean County
Illinois
U.S.
Typical home value
$203,300 ▼2% below the county
$208,400
$263,300
$332,700
Typical monthly rent
$1,050 ▲4% above the county
$1,009
$1,274
$1,413
Typical yearly household income
$77,384 ▼3% below the county
$79,905
$83,390
$80,734
Households that own their home
62% ▼3 points below the county
65%
67%
65%
Typical yearly property tax
$4,374 ▼3% below the county
$4,524
$5,298
$3,119
Effective property tax rate
2.15% ▼0.02 points below the county
2.17%
2.01%
0.94%
Renters with high rent for their income
38% ▼7 points below the county
45%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below McLean County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Bloomington
For a typical $203,300 home in Bloomington, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Bloomington's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,891a month
Least cash to close
Down payment
$7,116
Cash to close
$13,215
Rate
7.18%
Mortgage insurance
FHA MIP · $90
Conventional, 5% down$1,854a month
Down payment
$10,165
Cash to close
$16,264
Rate
7.18%
Mortgage insurance
PMI · $97
Conventional, 20% down, no PMI$1,551a month
Down payment
$40,660
Cash to close
$46,759
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,739a month
Down payment
$30,495
Cash to close
$36,594
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Bloomington
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,891
$7,116
$199,618
7.18%
FHA MIP · $90
$13,215
580
Conventional, 5% down
$1,854
$10,165
$193,135
7.18%
PMI · $97
$16,264
620*
Conventional, 20% down, no PMI
$1,551
$40,660
$162,640
7.18%
None
$46,759
620*
ITIN, 15% down (example)
$1,739
$30,495
$172,805
8.18%
None
$36,594
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Bloomington is $1,050 a month: 4% above the county. In Bloomington, 38% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of McLean County, by unit size. To pay the 2-bedroom one ($1,287 a month) without spending more than 30% of your income, you would need to earn $24.75 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in McLean County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$941
$18.10
$37,640
1 bedroom
$996
$19.15
$39,840
2 bedrooms
$1,287
$24.75
$51,480
3 bedrooms
$1,685
$32.40
$67,400
4 bedrooms
$1,691
$32.52
$67,640
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Bloomington
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Bloomington has 3 ZIP codes with their own.
For 2 bedrooms it runs from $1,260 in 61701 to $1,590 in 61705.
2 of the 3 are above the fair market rent for McLean County ($1,287).
2-bedroom fair market rent in each of the 3 ZIP codes of Bloomington, beside the one for McLean County. For 2 bedrooms it runs from $1,260 in 61701 to $1,590 in 61705. 2 of the 3 are above the fair market rent for McLean County ($1,287).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,287
Lowest: $1,260 (61701)Highest: $1,590 (61705)
Fair market rent by ZIP code and size in Bloomington, fiscal year 2027.
61701
$920
$980
$1,260
$1,650
$1,660
61704
$1,050
$1,110
$1,440
$1,890
$1,890
61705
$1,160
$1,230
$1,590
$2,080
$2,090
ZIP code2 bd3 bd
61701 $1,260$1,650
61704 $1,440$1,890
61705 $1,590$2,080
3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Bloomington when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 16 buildings with rents for lower incomes in Bloomington. These are the largest.
Holton,sunnyside,evergreen1416 W Market St, Bloomington 61701200 low-income homes · Run by Housing Authority of the City of Bloomington, IL · Average payment: $459 a month · Average wait: 19 months · Homes at several sites(309) 829-3360
Woodhill104 E Wood St, Bloomington 61701198 homes, 190 low-income · Run by Housing Authority of the City of Bloomington, IL · Average payment: $407 a month · Average wait: 7 months(309) 829-3360
Turnberry Village (bloomington)901 Valley View Cir, Bloomington 61705228 homes, 184 low-income · 2 bd: 93 · 3 bd: 91 · In service since 2000 · For families
Phoenix Towers Apts202 W Locust St, Bloomington 61701158 low-income homes · 1 bd: 158 · In service since 2013 · For older adults(309) 827-0041
Iwoodhill North101 E Macarthur Ave, Bloomington 61701161 homes, 136 low-income · Run by Housing Authority of the City of Bloomington, IL · Average payment: $382 a month · Average wait: 15 months(309) 829-3360
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in McLean County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Bloomington or McLean County. The ones below are statewide in Illinois: they work in Bloomington the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
No legal help resource on our list is for Bloomington or McLean County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Bloomington and all of McLean County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Bloomington?
The typical home value in Bloomington is $203,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in McLean County it is $208,400.
How much does it cost to rent in Bloomington?
Typical rent in Bloomington is $1,050 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in McLean County is $1,287.
What is the FHA loan limit in Bloomington?
Bloomington uses the FHA limit for all of McLean County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Bloomington?
The typical homeowner in Bloomington pays $4,374 a year, according to the U.S. Census Bureau. That is 2.15% of the home’s value; in McLean County, the rate is 2.17%.
Where can I find free help to buy or rent in Bloomington?
There is 1 HUD-approved counseling agency with an office in McLean County. They can help you get ready to buy, with your credit, or with rent.
