
Home Price Key
These days, finding an affordable place to live in the Belvidere area can be challenging. Home prices in Belvidere are now at a median cost of $151,514, lower than the Illinois average of $242,002.
The average cost of rent is $1,116/mo in Belvidere, primarily driven by the current value of real estate in the Belvidere area. While nearly 40.32% of residents own their homes outright in Belvidere, 20.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Belvidere is $5,436 per month. Households that rent pay about 20.52% of their income on rent here. Belvidere's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Timberlane, IL: higher priced homes
- Irene, IL: higher priced homes
- Garden Prairie, IL: higher priced homes
- Cherry Valley, IL: higher priced homes
- Poplar Grove, IL: higher priced homes
- Caledonia, IL: higher priced homes
- Loves Park, IL: equally priced homes
- Rockford, IL: less expensive homes
- Capron, IL: equally priced homes
- Kingston, IL: higher priced homes
Cities with Similar Populations
- Azle, TX: higher priced homes
- Chillum, MD: higher priced homes
- Baldwinsville, NY: higher priced homes
- Auburn, CA: higher priced homes
- Aguada, PR: less expensive homes
- Paradise Hills, NM: higher priced homes
- Oswego, NY: less expensive homes
- Orchard Park, NY: higher priced homes
- Oakton, VA: higher priced homes
- Ponchatoula, LA: higher priced homes
All Local Stats
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