Property Prices in Rockford, IL, United States
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| Index |  |
|---|---|
| Price to Income Ratio: | 1.85 |
| Mortgage as Percentage of Income: | 15.58% |
| Loan Affordability Index: | 6.42 |
| Price to Rent Ratio - City Centre: | 4.83 |
| Price to Rent Ratio - Outside of Centre: | 6.91 |
| Gross Rental Yield (City Centre): | 20.69% |
| Gross Rental Yield (Outside of Centre): | 14.47% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,500.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 950.00 $ | |
| Apartment (3 bedrooms) in City Centre | 1,475.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,250.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 116.96 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 116.96 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,411.11 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.77 |
These data are based on 32 entries from 14 contributors over the past 18 months.
Last update: April 2025
Sources and References
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