Last updated
Average Rent in Bloomington 55437 & Rent Trends
Rent prices and market trends across 1 apartment community in Bloomington 55437, Bloomington, MN. Updated daily.
Market Average
$1,600/mo
Lowest Available
$1,600/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Bloomington 55437 vs Bloomington, MN Average
Bloomington 55437 is cheaper the Bloomington, MN average by $75/mo (4%). The citywide average is $1,675/mo across all neighborhoods.
Is Rent Going Up or Down in Bloomington 55437?
As of May 2026, the average rent in Bloomington 55437 is $1,600 per month across 1 apartment community and 1 available units.
The most affordable option is The Covington starting at $1,600/mo. By unit type, a 1-bedroom averages $1,600/mo.
Prices range from $1,600 to $1,600 per month.
Bloomington 55437 Rent Price History
Rent by Bedroom Type in Bloomington 55437
Rent Prices by Apartment in Bloomington 55437
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Covington | $1,600/mo | $1,600/mo | 1 | 4.5 |
Google Search Trends for Bloomington 55437 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Bloomington 55437
What is the average rent in Bloomington 55437?
Is rent going up or down in Bloomington 55437?
What is the cheapest apartment in Bloomington 55437?
How much is a 1-bedroom apartment in Bloomington 55437?
How many apartments are available in Bloomington 55437?
What salary do I need to live comfortably in Bloomington 55437?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
30 percent rule -- using our average rent of $1,600/mo.
Comfortable income
$77,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Bloomington 55437 is $90,677 , about 18% above the comfortable-living threshold.
Cost of living in Bloomington 55437
Overall prices in Bloomington 55437 runs above the national average by about 4% (BEA Regional Price Parity index 104.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Bloomington 55437's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,600 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $5,204/mo |
Population
88,838
Median household income
$90,677
Census median rent
$1,526/mo
Rent as % of income
29.4%
Median age
40.8
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Bloomington 55437 Apartments
Browse all 1 communities with daily-updated pricing and availability.