Rockford, IL

Full City Profile · Illinois · Winnebago County County

2.8 /5.0
C+ Fair
147,649 Population 2,261/sq mi density
$53,328 Median Income $30,409 per capita
$120,900 Home Value $186,897 Zillow
$954 Median Rent 31.6% income on rent
49°F Avg Temperature
1,083 Violent Crime/100K 2,563 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$53,328 median income, 8.6% unemployment
A+
Affordability
5.0 / 5.0
$120,900 home value, $954/mo rent
F
Safety
1.0 / 5.0
1,083 violent crimes/100K (185% above avg)
C+
Education
2.9 / 5.0
23.2% bachelor's degree or higher

Housing Overview

Median Home Value
$120,900
57% below
US avg: $281,900
Median Rent
$954/mo
18% below
US avg: $1,163/mo
Homeownership Rate
53.8%
18% below US avg (65.4%)
Total Housing Units
67,890
Median year built: 1962

Home Value by Source

Census Median
$120,900
Zillow (ZHVI)
$186,897
Redfin Median Sale
$160,000
Median Sale Price
$160,000
Median List Price
$169,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.8%
Owner-Occupied
46.2%
Renter-Occupied
54%
46%
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: $954/mo · Zillow rent: $1,151/mo

Market Indicators (Redfin)

Median Sale Price
$160,000
Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
101
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$107
Active Inventory
166
homes for sale

Affordability & Housing Stock

Rent Burden
31.6%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
53.8%

Complete Housing Data

Home Values

Census Median Value$120,900
Zillow Home Value (ZHVI)$186,897
Redfin Median Sale$160,000
Median Sale Price$160,000
Median List Price$169,950
Price Per Sq Ft$107

Rent

Census Median Rent$954
Zillow Rent (ZORI)$1,151
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 Market25
Sale-to-List Ratio1.0%
Price Drops23.5%
Homes Sold101
Active Inventory166
Price Per Sq Ft$107

Ownership & Stock

Owner-Occupied53.8%
Renter-Occupied46.2%
Homeownership Rate53.8%
Total Housing Units67,890
Median Year Built1962
Rent Burden31.6%