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ZIP Code · IL

ZIP 61704

Pop. 37,279·McLean County·161st most expensive ZIP in Illinois
Median rent (all units)
$1,537/mo
Year-over-Year
+1.4%
Month-over-Month
+3.1%
vs US Median
-$428
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 61704 · $1,537
More affordable than 71% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,100
2 BR
$1,430
3 BR
$1,890
4 BR+
$1,890
Research median
$1,430/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,444/yr
At $1,537/mo median
Location
StateIL
CountyMcLean County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+1.4% YoY, +3.1% MoM), not inventory.
Demographics

Who lives here

ZIP 61704 (Bloomington, IL) is majority owner-occupied, has a median income above the national average, 57.1% of residents hold a bachelor's degree or higher.

Population
37,279
Median income
$95,027
Median age
37.1
Renters
33.2%
Age distribution
24.6%
22.9%
26.3%
14.3%
Under 1824.6%
18–3422.9%
35–5426.3%
55–6411.8%
65+14.3%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
70%
14.5%
White70%
Black7.3%
Hispanic5.6%
Asian14.5%
Other2.6%
Education (25+)
15.6%
22.4%
57.1%
No HS diploma5%
HS diploma15.6%
Some college22.4%
Bachelor's+57.1%
Housing tenure
66.8%
33.2%
Owner66.8%
Renter33.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 61704 in Bloomington, IL has changed in 5 years

Income
$86,750 → $95,027
up 9.5%
Population
36,875 → 37,279
up 1.1%
Renter share
34.3% → 33.2%
-1.1 pts
Bachelor's+
57.6% → 57.1%
-0.5 pts
Median age
35.5 → 37.1
+1.6 yrs

Census figures show median household income at $95,027 today, compared with $86,750 five years earlier. The population has grown by 1.1% since 2021, moving from about 36,875 residents to roughly 37,279.

Community

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Local insights

Tips for renters in ZIP 61704

About renting in ZIP 61704

Last updated: July 20, 2026

ZIP code 61704 covers Bloomington, IL. The median rent here is $1,537/mo as of July 2026. A 1-bedroom rents for a median of $1,100/mo. A 2-bedroom rents for a median of $1,430/mo.

At 19% of local median household income ($95,027/yr), ZIP 61704 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 61704?

As of July 20, 2026, the median monthly rent in ZIP 61704 (Bloomington, IL) is $1,537. This is based on aggregated data from public sources and community submissions.

How does ZIP 61704 rent compare to the US average?

ZIP 61704's median rent of $1,537/mo is $428 (22%) below the US national median of $1,965/mo.

How does ZIP 61704 compare to other ZIPs in Illinois?

ZIP 61704 is among the more affordable ZIP codes in Illinois, ranking #161 out of 230 ZIPs at $1,537/mo.

How much income do you need to rent in ZIP 61704?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,537/mo in ZIP 61704. The local median household income is $95,027/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 61704?

Rent in ZIP 61704 has increased 1.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 61704 an affordable place to rent?

ZIP 61704 is considered very affordable for renters. At $1,537/mo, rent takes approximately 19% of the local median household income ($95,027/yr). The standard benchmark is 30%. ZIP 61704 falls comfortably within that range.

What percentage of ZIP 61704 residents rent vs. own?

According to Census data, approximately 33.2% of ZIP 61704 households are renters, while 66.8% are owner-occupied. ZIP 61704 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 61704 compare to the rest of Bloomington?

ZIP 61704 is pricier than Bloomington as a whole. At $1,537/mo, it's $169 above the Bloomington citywide median of $1,368/mo.

When was rent data for ZIP 61704 last updated?

Rent data for ZIP 61704 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,537/mo, rent takes ~19% of ZIP 61704's median household income ($95,027/yr). The standard benchmark is 30%.

ZIP 61704 19%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 61704 (Bloomington, IL)

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