Bloomington, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Bloomington short-term rental market based on reliable data.

Listings

161 / 359

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$31,174

Middle-Earners Revenue

Occupancy

83%

Middle-Earners Occupancy

Home Value

$256,676

Median Home Sale Price

Top Earners

$63,708

Top-Earners Revenue

Bloomington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bloomington.

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C

Challenging to Investors

Bloomington Regulations

STRs are prohibited in most single‑family neighborhoods, forcing investors to target limited multi‑family and commercial zones; this strict zone cap is the primary obstacle, even though permitting for those areas is relatively inexpensive and straightforward.

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About Bloomington

Bloomington is a city in and the county seat of McLean County, Illinois, United States. The 2020 census showed the city had a population of 78,680, making it the 13th-most populous city in Illinois and the fifth-most populous outside the Chicago metropolitan area. It is adjacent to the town of Normal, and is the more populous of the two principal municipalities of the Bloomington–Normal metropolitan area, which has a population of roughly 170,000. Bloomington is 135 miles (217 km) southwest of Chicago and 162 miles (261 km) northeast of St. Louis. Bloomington is home to Illinois Wesleyan University and the headquarters for State Farm and Country Financial.

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