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RentData.org Logo Bloomington-Normal Fair Market Rent FY 2013 Bloomington-Normal, IL MSA Rental Data

Fair Market Rent Prices in Bloomington-Normal, IL :
$509 $552 $726 $1,022 $1,234
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Bloomington-Normal are high compared to the national average. This FMR area is more expensive than 81% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bloomington-Normal is $726 per month.

The previous year, rent for a two-bedroom home was $735 per month. This is a 1.22% decrease year-over-year.

This FMR rate applies to Merna, IL, Anchor, IL, Bellflower, IL, Shirley, IL, Cooksville, IL, Ellsworth, IL, Arrowsmith, IL, Stanford, IL, Congerville, IL, Saybrook, IL and other cities within the region. The Metro Code or CBSA code for this region is METRO14060M14060.

Additionally, This Fair Market Rent (FMR) area Bloomington-Normal, IL MSA spans one county or city in Illinois which is listed in the table below. Estimated population of Bloomington-Normal, IL MSA FMR area is 169,572 people based on latest Census data.

Compared to the rest of Illinois, the Bloomington-Normal FMR area is more expensive than 91% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Bloomington-Normal. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bloomington-Normal

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 539
1-BR 1-Bedroom $ 584
2-BR 2-Bedroom $ 769
3-BR 3-Bedroom $ 1082
4-BR 4-Bedroom $ 1308
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Bloomington-Normal, IL MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Peoria - Bloomington.

County / Region Est. Population
Bloomington-Normal, IL Metro 169,572
Zip Codes in Bloomington-Normal, IL MSA

There are 29 unique zip codes in this Fair Market Rent (FMR) area:

61701, 61702, 61704, 61705, 61709, 61720, 61722, 61724, 61725, 61728, 61729, 61730, 61732, 61736, 61737, 61738, 61748, 61753, 61755, 61758, 61759, 61761, 61770, 61772, 61774, 61776, 61790, 61791 and 61799

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What's Next?

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