Bloomington, IN

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

639 / 1321

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$26,221

Middle-Earners Revenue

Occupancy

45%

Middle-Earners Occupancy

Home Value

$306,909

Median Home Sale Price

Top Earners

$64,468

Top-Earners Revenue

Bloomington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bloomington.

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B

Generally Investor friendly

Bloomington Regulations

Short‑term rentals are clearly permitted citywide, and the city’s tone is supportive, but investors must obtain a HAND permit, pass an inspection, and renew annually with modest fees (state‑capped at $150) plus safety and occupancy requirements. No meaningful caps are mentioned, so compliance is moderate rather than onerous, making the market friendly but not ultra‑easy.

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About Bloomington

Bloomington, Indiana, is a vibrant city located in the southern part of the state, approximately 50 miles southwest of the state capital, Indianapolis. As of the latest estimates, Bloomington has a population of around 85,000 residents. The city is best known for being the home of Indiana University Bloomington, a major public research university that significantly shapes the local culture and economy.

Bloomington is brimming with appeal for short-term rentals, attracting visitors with its rich blend of academic, cultural, and natural attractions. One of the city's most prominent landmarks is the Indiana University Bloomington campus, which features the esteemed IU Auditorium and the Indiana University Art Museum. For more information, you can visit the IU Bloomington website here.

Nature enthusiasts can explore the nearby Hoosier National Forest, a sprawling natural reserve offering a range of recreational activities such as hiking, camping, and bird-watching. More details can be found here.

Cultural attractions in Bloomington include the Eskenazi Museum of Art and the Wylie House Museum. The Eskenazi Museum of Art is renowned for its extensive collection of art from various periods and regions, further details are available here. The Wylie House Museum, a historic house museum, provides a glimpse into 19th-century life and can be explored more here.

Bloomington also boasts a vibrant downtown area, replete with a variety of restaurants, boutique shops, and entertainment venues such as the Buskirk-Chumley Theater, which hosts a plethora of performances and events (website). Additionally, visitors can enjoy the scenic beauty of Lake Monroe, Indiana's largest inland lake, which is ideal for boating, fishing, and hiking (more info).

The city's dynamic atmosphere, coupled with its array of attractions and proximity to Indianapolis, makes Bloomington a compelling location for short-term rentals.

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