Property Prices in Rockford, IL, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.67 |
| Mortgage as Percentage of Income: | 14.28% |
| Loan Affordability Index: | 7.00 |
| Price to Rent Ratio - City Centre: | 4.50 |
| Price to Rent Ratio - Outside of Centre: | 6.44 |
| Gross Rental Yield (City Centre): | 22.20% |
| Gross Rental Yield (Outside of Centre): | 15.53% |
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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 | 108.97 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 108.97 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,501.67 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.90 |
These data are based on 28 entries in the past 18 months from 13 different contributors.
Last update: October 2024
Sources and References
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