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Property Managers in Bloomington, IL

Compare top property management companies in Bloomington, IL. Review services and vetting status, then reach out or request a free quote.

Area Wide Services, LLC
Roger Monke
Bloomington, IL
Unverified
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Skyeline Properties
Bloomington, IL
Unverified
›

Rental market in Bloomington: below-average rents

Three-bedroom rents in Bloomington run about 21% below the national average, a clear discount to the national norm. The numbers also show Census rent up about 19.4% over five years, a population of 171,556, down 0.6% over five years, and vacancy near 6.8%. The typical home is valued near $208,400, and the median household earns about $79,905 a year, with renters spending a median 27.5% of income on rent.

Market at a glance

Rents & affordability

-25% 2-bed vs U.S. rent
-21% 3-bed vs U.S. rent
-28% 4-bed vs U.S. rent
+19.4% Rent trend, 5-yr
27.5% Rent-to-income

People & households

34.9% Renter-occupied
171,556 Population
-0.6% Population, 5-yr
$79,905 Median household income

Housing stock

6.8% Vacancy rate
$208,400 Median home value
1981 Median year built
65.7% Single-family homes

Jobs

4.6% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -25% 3-bed -21% 4-bed -28%
Who rents vs owns
Renters 34.9% Owners 65.1%

Professional property management in Bloomington typically covers pricing, listings, tenant screening, rent collection, and repairs. About 65.7% of local housing is single-family, a common focus for rental owners. With vacancy near 6.8%, rent positioning and days on market can shape your return. Area unemployment is 4.6% as of July 2026. Check the managers above and get a quote.

Pricing shown is long-term residential, not short-term or vacation. Non-residential and commercial rents follow the same local direction as a rule, so the residential deviations above give you a fair read.

Frequently asked questions

How do rents in Bloomington compare to the national average?

Compared with the U.S. average: two-bedroom -25%, three-bedroom -21%, four-bedroom -28%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Are rents rising in Bloomington?

The five-year trend shows Census median gross rent rose about 19.4%.

Is Bloomington a good market for rental property?

This market has seen rents increase, an advantage for a well-timed purchase. Renters make up 34.9% of households and vacancy sits near 6.8%. Three-bedroom rents run about 21% below the national average, and rents rose about 19.4% over five years.

How strong is rental demand in Bloomington?

About 34.9% of homes are renter-occupied, and the population of 171,556 declined 0.6% over five years. Vacancy runs near 6.8%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (July 2026).