The median home in Bloomington, Minnesota is valued at $348,305, up 2.5% year over year. Typical monthly rent is $1,620, producing a price-to-rent ratio of 17.9x — near the national average of 18x. Bloomington is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$348,305

+2.5%

Rent$1,620/mo

AFFORDABILITY

Enter your income for Bloomington.

Income (annual)

Down Payment

$69,661 on $348,305

Stretch — 35.8% of income

Above 28% but manageable with cuts.

PITI$2,236

P/I35.8%

Afford$273K

Gap-$76K

P&I $1,761Tax $325Ins $150

Renting $616/mo cheaper ($1,620 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Bloomington with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro →

BLOOMINGTON, MN