Bloomington, Indiana Short Term Rental Regulations
Navigate short-term rental regulations with ease! From coastal retreats to urban hubs, our in-depth guides break down the essentials for cities across the nation. Stay informed of changes to local Airbnb rules with our up-to-date insights and best practices.
Reviewed by Karolyn Hutson
Last updated August 27, 2023
Bloomington Short-Term Rental Regulations
Information is maintained by the community to provide helpful insights and links to local regulations, HostScouts does not provide legal or investment advice.
Is something not quite right? Registered users can suggest changes to this guide.
-
Short Term City Rating6.8
-
Competition
9.9 -
Real Estate Cost
8.1 -
STR Regulations
N/A -
Seasonality
4.2 -
Rental Rates
4.9
Bloomington, Indiana Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 85,755
- STR License Required
- No
- Tourist Season
- May to October
- County
- Monroe
- Airports
- Indianapolis International Airport (IND)
- Louisville International Airport (SDF)
Want to learn more about Bloomington?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Bloomington rental analytics guide if you're interested in data on the Bloomington rental market.
Review the popular activities that hosts include in their property positing in Bloomington.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Bloomington guests.
Interested in other Indiana cities?
Check out the Indiana short term rental regulations directory
What makes Bloomington a great place to invest?
- Diverse Tourist Attractions: Bloomington is home to the Indiana University, which not only brings in students from around the world but also attracts visitors for its beautiful campus, cultural events, and sporting events. Additionally, the city hosts numerous festivals and events throughout the year, such as the Lotus World Music & Arts Festival and the Bloomington Craft Beer Festival.
- Proximity to Natural Parks: The city is surrounded by natural beauty, with the Hoosier National Forest to the south and the Monroe Lake, Indiana's largest inland lake, to the southeast. These natural attractions draw outdoor enthusiasts year-round for hiking, boating, fishing, and camping.
- Thriving Arts and Culture Scene: Bloomington boasts a vibrant arts and culture scene with numerous galleries, theaters, and live music venues. The Buskirk-Chumley Theater, a restored 1922 vaudeville and movie palace, hosts over 200 events each year, and the Bloomington Entertainment and Arts District (BEAD) is home to many artists' studios, galleries, and public art installations.
- Excellent Amenities: The city offers a wide range of amenities for visitors, including a variety of restaurants, cafes, and shops. The Bloomington Community Farmers' Market is a popular spot for both locals and visitors to purchase fresh, locally-sourced produce and artisanal goods.
- Professional Sports Teams: While Bloomington itself does not have major professional sports teams, its location in Indiana, a state with a rich sports tradition, means that it is within driving distance to Indianapolis, home to the Indianapolis Colts (NFL), Indiana Pacers (NBA), and Indianapolis Indians (Triple-A baseball).
Bloomington Nearby Cities
-
-
52 miles away
- Rating: 6.4
-
-
-
59 miles away
- Rating: 7.0
-
Local Real Estate
How expensive is the real estate in Bloomington?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Bloomington has decreased -5% over the past year, and the average price per square foot is $174, which is lower than the national average.
-
Median Sale Price
-
$304,336
-5% YoY
-
Median per Square Foot
-
$174
0% YoY
-
Average Monthly Rent
-
$1,501
3% YoY
The most common terms hosts include in their listings for Bloomington, Indiana
Common terms for Bloomington short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Bloomington has a description approximately 1,393 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 83 listings in Bloomington, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Bloomington, Place, Bungalow, Garden, Patio, Beautiful, IU, Comfortable, Basement, and Perfect.
What are the most popular tourist activities in Bloomington?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Bloomington involve Cycling, Winery Tours, Swimming, Rural, and Hiking. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
-
Cycling
-
Winery Tours
-
Swimming
-
Rural
-
Hiking
-
Adventure Activities
-
City Centre
-
Boating
-
Water Sports
-
Outlet Shopping
-
Museums
-
Mountain Biking
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Bloomington, including Indiana University Bloomington, Lake Monroe, Indiana University Auditorium, Memorial Stadium, and Wonderlab Science Museum. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
-
Well Known Attraction
-
Indiana University Bloomington
Included on 90% of listings
-
Well Known Attraction
-
Lake Monroe
Included on 90% of listings
-
Regional Landmark
-
Indiana University Auditorium
Included on 90% of listings
-
Regional Landmark
-
Memorial Stadium
Included on 90% of listings
-
Regional Landmark
-
Wonderlab Science Museum
Included on 90% of listings
-
Regional Landmark
-
Assembly Hall
Included on 90% of listings
-
Regional Landmark
-
Monroe Convention Center
Included on 90% of listings
-
Local Landmark
-
Tibetan Mongolian Buddhist Cultural Center
Included on 90% of listings
-
Local Landmark
-
Bloomington Speedway
Included on 90% of listings
-
Local Landmark
-
IU Health Bloomington Hospital
Included on 90% of listings
-
Local Landmark
-
Monroe County Courthouse
Included on 90% of listings
-
Local Landmark
-
Cascades Golf Course
Included on 90% of listings
What’s the weather like in Bloomington, Indiana?
The weather is generally milder than the national average, with an average high temperature of around 64°, while the average low is about 45°. The rainfall is much heavier, averaging about 38 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 12 inches per year. The humidity levels in Bloomington are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.
Winter
December through February
26° Low 41° High
Spring
March through May
45° Low 64° High
Summer
June through August
64° Low 84° High
Fall
September through November
46° Low 65° High
Cities Near Bloomington
Bloomington, Indiana, is located in Monroe County. Some cities that are located nearby include:
