Housing & Real Estate — Bloomington, Minnesota
Overview
| Total Housing Units | 39,375 |
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| Occupied | 37,724 |
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| Vacant | 1,651 |
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| Owner-Occupied | 24,974 |
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| Renter-Occupied | 12,750 |
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| Median Home Value (Census) | $361,700 |
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| Estimated 2026 | ~$401,000 |
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| Median Rent | $1,526/mo |
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| Median Property Tax | $3,881/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 19.6% |
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| Severely Rent-Burdened | 35.8% |
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Housing Age
| Built 2010 or later | 2,824 |
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| Built 2000-2009 | 1,569 |
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| Built 1990-1999 | 2,495 |
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| Built before 1960 | 11,213 |
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| Median Year Built | 1971 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
