How many renters live in Bloomingdale, Indiana?
The City of Bloomingdale has people living in households.
There are renters living in renter households in this City. Renters make up 26.37 percent of the population living in Bloomingdale.
What is the rental market like in Bloomingdale, Indiana?
There are an estimated housing units in the Bloomingdale area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bloomingdale, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in Bloomingdale?
The rental vacancy rate in Bloomingdale is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Bloomingdale for each bedroom size?
Occupied Rental Units by Size in Bloomingdale
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 9 | 3 | 1 | 7 |
Occupied Rental Units by Size in Bloomingdale
A large number of apartments in Bloomingdale have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Bloomingdale
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $745 to $1,316. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $745 |
| One BR | $752 |
| Two BR | $988 |
| Three BR | $1,311 |
| Four BR | $1,316 |
2024 Fair Market Rents in Bloomingdale, Indiana
How many units are rented at Fair Market Rent (FMR) in Bloomingdale?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| One BR | 9 | 100 percent |
| Two BR | 1 | 33 percent |
Rental Units Below FMR in Bloomingdale, Indiana
How many affordable rental units are in Bloomingdale?
Income Based Apartments in Bloomingdale, Indiana
Bloomingdale features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Bloomingdale, Indiana
There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bloomingdale.
Housing Choice Vouchers in Bloomingdale, Indiana
On average, Section 8 Housing Choice vouchers pay Bloomingdale landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bloomingdale.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bloomingdale, Indiana for a two-bedroom apartment is between $889 and $1,087.
Sourced from federal housing data and AffordableHousingOnline.com research.