Rockford, IL housing market
Typical home value
$185K
▲ 9.5% 1 yr
Typical rent
$1,227/mo
▲ 7.7% 1 yr
Gross rent yield
8.0%
U.S. 6.3%
5-year home value change
+60%
U.S. +20%
Key takeaways
- 1The typical home in Rockford is worth $185,067, up 9.5% over the past year and up 60% over five years.
- 2Typical rent is $1,227 a month (+7.7% YoY), a gross rent yield of 8.0% (above the Rockford, IL metro's 7.0%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,017/mo, $210 less than typical rent.
- 4Zillow forecasts the Rockford, IL metro's home values to change +5.1% over the next 12 months.
Market temperature (Rockford, IL metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 62/100, #23 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Rockford compares
| Measure | Rockford | Rockford, IL metro | United States |
|---|---|---|---|
| Typical home value | $185,067 | $222,178 | $366,157 |
| Home value, 1-yr change | +9.5% | +8.5% | +1.2% |
| Typical rent | $1,227 | $1,299 | $1,932 |
| Rent, 1-yr change | +7.7% | +7.0% | +2.7% |
| Gross rent yield | 8.0% | 7.0% | 6.3% |
| Price-to-rent ratio | 12.6 | 14.3 | 15.8 |
| Mortgage P&I, typical home | $1,017 | $1,221 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Rockford rental, pre-filled.
Rent vs buy in Rockford
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $185K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.