Bloomington, MN
April 2026
55420,55425,55431,55438
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,271 – $1,377 | -4.68% | -1.97% |
| 2-Bedroom | $1,664 – $1,839 | 1.05% | 3.16% |
| 3-Bedroom | $2,379 – $2,501 | -0.73% | 1.98% |
| 4-Bedroom | $2,832 – $2,969 | 0.07% | 2.56% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,422 – $1,465 | -3.22% | -0.18% |
| 2-Bedroom | $1,850 – $1,945 | 1.97% | 1.92% |
| 3-Bedroom | $2,522 – $2,678 | -0.95% | 1.33% |
| 4-Bedroom | $2,805 – $2,978 | -1.29% | 1.16% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,650 – $1,751 | 0.61% | 6.53% |
| 2-Bedroom | $1,928 – $2,055 | 0.33% | 4.67% |
| 3-Bedroom | $2,485 – $2,638 | -1.58% | 0.64% |
| 4-Bedroom | $2,708 – $2,876 | -2.27% | -1.89% |
In the Bloomington (55420, 55425, 55431, 55438) rental market, 1-bedroom apartments dropped -4.68% month-over-month to a median rent of $1,324 as of April 2026. Year-over-year, this segment fell -1.97%, indicating both short-term and annual softness in pricing for smaller apartment units.
Among 2-bedroom units in Bloomington (55420, 55425, 55431, 55438), condo/townhomes outperformed apartments with a median rent of $1,897 versus $1,752, a direct gap of $145. The segment gained 1.97% month-over-month, while 2-bedroom apartments recorded a 1.05% increase, showing slightly stronger condo pricing momentum.
Highlighted by a 6.53% year-over-year rise, Bloomington (55420, 55425, 55431, 55438) rental trends show single-family 1-bedroom homes reaching $1,692. This annual gain outpaces similar apartment and condo segments, underscoring greater appreciation for detached homes in this category.