Rockford, IL

Metro area in Illinois · Updated Jan 2026

12-Month Forecast ↑ +5.4%

Median Home Value

$206,080

↑ +8.1%

Year-over-year

Median Rent

$1,202/mo

↑ +8.7%

Year-over-year

Rental Yield

7%

Excellent for investors

5-Year Appreciation

+59.5%

Income Needed to Buy

$64,565

20% down, 30% DTI max

Active Listings

708

For-sale inventory

Price-to-Rent Ratio

14.3

Favors buying

Price Forecast

1 Month

↑ +0.9%

3 Months

↑ +2.1%

12 Months

↑ +5.4%

5-Year Price Trend

Calculate your mortgage for Rockford, IL

See monthly payments for a $206,080 home →

Should you rent or buy in Rockford, IL?

Price-to-rent ratio: 14.3x — Buying likely wins. Run a full breakeven analysis with Rockford, IL numbers pre-filled →

Frequently Asked Questions