Zip lookup · IN

47401
Bloomington, Indiana.

Bloomington, Monroe County, IN · Bloomington, IN metro · population 40,607

What it costs per month · 47401 $1,827/mo

to buy the typical home at today's mortgage rate — +$917 (+101%) since Jan 2020.

What the home itself did
1 year
Up $1,549 +0%
$346,450$347,999 since Sep 2025
5 years
Up $53,561 +18%
$294,438$347,999 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 47401 $1,827 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47401$1,827
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 21 years.

Typical home values in zip 47401 rose 0.4% over the past year — slower than the nation's +1.2%.

Asking rents in zip 47401 rose 0.4% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 47401 runs $743/mo more than renting one. The gap peaked at $846 in Oct 2023.

That is $2,404 a month against $1,661 rent: a $1,827 mortgage payment, plus $205 property tax and $373 insurance & upkeep.

Owning vs renting — zip 47401

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,000 $1,500 $2,000 $2,500 2018 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $2,404 Renting $1,661 Mortgage only $1,827
$1,000 $1,500 $2,000 $2,500 2018 2022 2026
  • Owning all in$2,404
  • Renting$1,661
  • Mortgage only$1,827

Property tax · $205/mo 0.71% of value a year — the ACS 2020-2024 median bill over the median home value for 2 counties

Insurance & upkeep · $373/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

This zip spans 2 counties: Monroe County, IN 97% · Brown County, IN 3%

Zillow also publishes an index for the city itself: Bloomington, IN — measured over the city limits, which is a different area from this zip.

Asking rent $1,661 as of Sep 2026
+0.4%year on year
Typical home value $347,999 as of Sep 2026
+0.4%year on year

Asking rent — 47401

Against the Bloomington, IN metro and the national benchmark.

$1,200 $1,400 $1,600 $1,800 2018 2019 2020 2021 2022 2023 2024 2025 2026 47401 $1,661 Bloomington $1,746 United States $1,932
$1,200 $1,400 $1,600 $1,800 2018 2022 2026
  • 47401$1,661
  • Bloomington$1,746
  • United States$1,932

Typical home value — 47401

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 47401 $347,999 Bloomington $297,191 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 47401$347,999
  • Bloomington$297,191
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
8.6 47403 Bloomington 34,396 $1,360 $274,667
9.5 47436 Heltonville 1,796 — $238,574
9.8 47408 Bloomington 23,053 $2,340 $338,636
11.9 47404 Bloomington 22,744 $1,634 $310,866
12.7 47448 Nashville 8,117 — $338,371
13.1 47264 Norman 1,574 — $243,305
13.5 47468 Unionville 1,303 — $368,780
13.8 47462 Springville 4,595 — $263,408
14.0 47451 Oolitic 1,595 — $175,157
15.3 47421 Bedford 27,599 $922 $208,109
15.7 47429 Ellettsville 7,399 — $273,645
16.2 47459 Solsberry 3,485 — $253,758
17.4 47235 Freetown 1,672 — $254,725
19.9 47453 Owensburg 538 — $208,745

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.