Real Estate Investing in Bloomington, Illinois (61776)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61776 (Bloomington, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bloomington, IL (61776)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61776 Bloomington
Investors eyeing 61776 need to respect the fundamentals at play. Home values of $276K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 61776 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Bloomington have seen price recovery that 61776 has not matched. McLean County data supports the view that the spread is structural rather than temporary.
A resilient renter share of 12% in 61776 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 61776 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Bloomington:
Market Trends
Home Value History (with trend line)
📊 How Does 61776 Compare?
| Metric | 61776 | Bloomington | Bloomington, IL | Illinois |
|---|---|---|---|---|
| Home Value | $275,976 | $196,740 | N/A | $279,761 |
| 5-Year CAGR | 6.3% | 7.1% | N/A | 6.6% |
| Avg Rent | $1,134 | $1,314 | N/A | - |
| Cap Rate | 3.2% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61776 (Bloomington, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61776 (Bloomington, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $275,976 |
| Monthly Rent | $1,134 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 61776
Population: 1,208
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 61776
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,442 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How landlord-friendly is Bloomington, IL?
The landlord environment in Bloomington, IL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the tenant pool like in Bloomington, IL?
Expect a solid tenant pool in Bloomington, IL. The rental market absorbs $1,134/mo rents without meaningful friction.
Where do rents currently stand in Bloomington, IL?
The typical rental in Bloomington, IL commands about $1,134/mo monthly. That rent profile predictable cash flow against the $276K purchase basis.
Does Bloomington, IL make sense for an investment property?
The 3.0/5 investability rating in Bloomington, IL reflects its $276K prices and $1,134/mo rents. Investors generally consider it a solid option within IL.
How should investors approach Bloomington, IL?
In Bloomington, IL the durable play is typically careful cash-flow rentals with hands-on management. The combination of $276K prices and $1,134/mo rents suits that approach.
You know 61776 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61776 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 61776 ranks in Bloomington, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61776 (Bloomington)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61776 (Bloomington, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.