Bloomington, IL Rent To Own Homes

Rent-to-Own Homes in Bloomington, IL: What You Need to Know 

Bloomington, Illinois, is a small city with a big heart. The housing here is diverse and affordable, making it very desirable to the younger crowd it has been attracting over the past several years. The schools are excellent for those with children, or those interested in having children.

Housing Availability 

Detached homes here usually cost around $195,000, townhouses are about $156,000, two-unit structures cost about $91,000, and mobile homes are just $15,000. With an average home price of $164,100. 60% of all households are owner-occupied. The average rent for an apartment in Bloomington is $544, a 12% decrease from this time last year. One-bedrooms cost around $730 per month, whole two-bedrooms are $525 per month. 

Schools and Higher Education

Bloomington has 57 public schools, educating nearly 26,000 students every year. Compared to the statewide average, the math and reading scores for the students in the area are consistently ranked higher, making the local school district very desirable. The public schools here are within the top 20% of all Illinois public schools. There are 10 private schools here as well, teaching just under 2,000 students. 

There are several colleges and universities both in and just outside of Bloomington. Illinois State University, Illinois Wesleyan University, and Eureka College are all either in, or close to, Bloomington.

Weather and Climate 

Bloomington residents enjoy a humid, continental climate, meaning the summers are long, hot, and humid, while the winters are ice-cold and windy. The coldest month here is January, where temperatures can drop to 23°F. July is the warmest month, with an average high of 75°F. It rains most often in May, with an average of 4.1” of rain that month. 

Dining Out

Bloomington has some amazing options to consider regardless of whether you are looking to grab quick lunches, delicious breakfasts, or even fancy dinners. If you’re craving Mediterranean, Ephesus Restaurant is the place to go, the tasty baklava is a great way to finish off a meal here, and is a must-have when visiting. 

Lucca Grill is an Italian meets American restaurant. Since 1936, this rustic eatery has some of the best pizza in the whole city. 

For a romantic dinner that won’t empty your wallet, Thai House is the place to go. This Thai meets classic diner has everything you could ever want. Their fried banana al mode is their most iconic dish, and with reason – it is simply mouth-watering. 

Local Population

Home to 78,000, Bloomington is the 12th largest city in Illinois. Of this population, 73% is white, 10% is African American, 8% is Asian American, and 4% is Hispanic. 51% of this entire group is female, and the median age is 35. Nearly 50% of the city possesses a Bachelor’s degree.