Housing costs in Rockford?
A typical home costs
$132,700, which is 60.8% less expensive than the national average of
$338,100 and 45.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 34.0% cheaper than the state average of
$1,260.
Can I afford Rockford?
To live comfortably in Rockford, Illinois, a minimum annual income of
$25,560 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Rockford?
Rockford, Illinois presents very budget friendly housing options; median house values sit near $115K while rent per month for a single bedroom usually hovers around $750 - 950 based on area or building type chosen. Necessities such as food and utilities can often be found below national averages wheres taxes have historically been among the lowest anywhere in Northern Illinois due mainly to Rockford’s standing along the banks Rock River .