All Countries
Belvidere, IL
Full City Profile · Illinois · Boone County County
2.9
/5.0
C+
Fair
24,510
Population
1,936/sq mi density
$62,462
Median Income
$32,181 per capita
$153,100
Home Value
$250,942 Zillow
$943
Median Rent
29.1% income on rent
48°F
Avg Temperature
260 sunny days/yr
255
Violent Crime/100K
1,026 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$62,462 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$153,100 home value, $943/mo rent
F
Safety
1.0 / 5.0
255 violent crimes/100K
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher
Housing Overview
Median Home Value
$153,100
46% below
US avg: $281,900
Median Rent
$943/mo
19% below
US avg: $1,163/mo
Homeownership Rate
73.6%
13% above US avg (65.4%)
Total Housing Units
10,218
Median year built: 1974
Home Value by Source
Census Median
$153,100
Zillow (ZHVI)
$250,942
Median Sale Price
$250,000
Median List Price
$272,400
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.6%
Owner-Occupied
26.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$943/mo
Market Indicators (Redfin)
Median Days on Market
9 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
17
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$140
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
73.6%
Complete Housing Data
Home Values
| Census Median Value | $153,100 |
| Zillow Home Value (ZHVI) | $250,942 |
| Median Sale Price | $250,000 |
| Median List Price | $272,400 |
| Price Per Sq Ft | $140 |
Rent
| Census Median Rent | $943 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 9 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 17 |
| Active Inventory | 30 |
| Price Per Sq Ft | $140 |
Ownership & Stock
| Owner-Occupied | 73.6% |
| Renter-Occupied | 26.4% |
| Homeownership Rate | 73.6% |
| Total Housing Units | 10,218 |
| Median Year Built | 1974 |
| Rent Burden | 29.1% |