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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 market also shows 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

4.9% 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%

Day to day, property management in Bloomington usually means rent pricing, marketing, tenant screening, rent collection, and maintenance. 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 4.9% as of August 2026. Check the managers above and get a quote.

All rent figures cover long-term residential leases, not short-term or vacation stays. Commercial rents are not listed, but they generally follow local residential movement, so the signal above still applies to you.

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?

In the past five years, Census median gross rent rose close to 19.4%.

Is Bloomington a good market for rental property?

Rents here have risen in recent years, which can favor owners who buy at the right price. 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?

Renters make up 34.9% of the housing, 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 (August 2026).