What percentage of people rent in Bloomington, MN?
34.3% (±1.7 points) of the occupied homes in Bloomington, MN are rented (2020–2024 American Community Survey).
That is 12,879 renting households against 24,722 that own their home.
In Bloomington, the share of households that rent went from 32.7% in 2015–2019 to 34.3% in 2020–2024 (+1.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 34.3% (±1.7 points)
- Renting households
- 12,879 (±739)
- Median renter income
- $65,036 (±$4,883)
Who rents and who owns in Bloomington
| Bloomington | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 34.3% (±1.7 points) | 37.3% (±0.4 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 12,879 (±739) | 201,230 (±2,434) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 24,722 (±862) | 338,263 (±2,240) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.2 (±0.1) | 2.0 (±0.0) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $65,036 (±$4,883) | $59,890 (±$1,200) | $51,080 (±$531) | $52,966 |
| Median owner household income | $113,198 (±$5,418) | $130,886 (±$1,463) | $108,214 (±$476) | $100,009 |
In Bloomington, the renter share is lower than in Hennepin County (37.3%).
It is also higher than in Minnesota (27.8%).
It is not measurably different from the national figure (34.8%).
In Hennepin County, Bloomington ranks 13 of 42 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 176 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Bloomington has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 32.7% (±1.1 points) | 34.3% (±1.7 points) | +1.6 percentage points | Not a measurable change |
| Median gross rent | $1,178 (±$25) | $1,561 (±$36) | +32.5% | Up after inflation |
| Median household income | $75,130 (±$1,782) | $93,211 (±$3,400) | +24.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Bloomington
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Bloomington | — | 34.3% (±1.7 points) | — |
| Richfield | 3.5 mi | 38.4% (±2.5 points) | Higher |
| Edina | 4.8 mi | 27.6% (±2.0 points) | Lower |
| Burnsville | 4.8 mi | 35.3% (±1.9 points) | Not measurably different |
| Savage | 5.4 mi | 14.2% (±2.4 points) | Lower |
| Eden Prairie | 7.2 mi | 23.9% (±1.9 points) | Lower |
| Eagan | 7.5 mi | 32.3% (±1.8 points) | Not measurably different |
| Hopkins | 7.9 mi | 63.5% (±4.1 points) | Higher |
| Apple Valley | 8.1 mi | 26.6% (±1.6 points) | Lower |
Nearby places with a measurably lower figure: Edina, MN (27.6%), Savage, MN (14.2%), Eden Prairie, MN (23.9%).
Nearby places with a measurably higher figure: Richfield, MN (38.4%), Hopkins, MN (63.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hennepin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 7 | St. Louis Park | 42.2% (±1.9 points) |
| 8 | Wayzata | 40.9% (±8.5 points) |
| 9 | St. Anthony (Hennepin County) | 40.2% (±4.5 points) |
| 10 | Richfield | 38.4% (±2.5 points) |
| 11 | Maple Plain | 37.3% (±8.5 points) |
| 12 | Brooklyn Center | 36.4% (±3.5 points) |
| 13 | Bloomington | 34.3% (±1.7 points) |
| 14 | Brooklyn Park | 29.7% (±2.8 points) |
| 15 | Golden Valley | 29.3% (±3.8 points) |
| 16 | Robbinsdale | 29.0% (±3.9 points) |
| 17 | Minnetonka | 28.4% (±1.8 points) |
| 18 | Edina | 27.6% (±2.0 points) |
| 19 | Long Lake | 25.5% (±5.7 points) |
Showing 13 of 42 places in Hennepin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Bloomington
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Bloomington, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Bloomington beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Bloomington, and send estimates and invoices from your phone.
Questions about Bloomington
How many renters are there in Bloomington?
Bloomington has an estimated 12,879 (±739) renting households, 34.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Bloomington?
In Bloomington, the share of households that rent went from 32.7% in 2015–2019 to 34.3% in 2020–2024 (+1.6 percentage points), not a measurable change.
How big are renting households in Bloomington?
A renting household in Bloomington has 2.2 people on average, against 2.4 in an owned home.
How much do renters earn in Bloomington?
The median renting household in Bloomington, MN has an income of $65,036 (±$4,883) a year, against $113,198 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bloomington city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bloomington city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bloomington city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bloomington city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bloomington city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bloomington city, Minnesota (place:06616, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Bloomington at a glance
- Median rent in Bloomington
- Rent by bedrooms in Bloomington
- Rent burden in Bloomington
- Income and affordability in Bloomington
- Home values in Bloomington
- Homeowner costs in Bloomington
- Property taxes in Bloomington
- Types of homes in Bloomington
- Bedrooms in Bloomington
- Age of homes in Bloomington
- Vacancy rate in Bloomington
- Heating fuel in Bloomington
- Commute and cars in Bloomington
- Crime reported to police in Bloomington
- Population growth in Bloomington
- How long people stay in Bloomington
- Crowding and facilities in Bloomington
- Minnesota landlord and tenant rules
- Housing across Hennepin County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota