Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rochelle area can be challenging. Home prices in Rochelle are now at a median cost of $142,417, lower than the Illinois average of $242,002.
The average cost of rent is $813/mo in Rochelle, primarily driven by the current value of real estate in the Rochelle area. While nearly 44.12% of residents own their homes outright in Rochelle, 41.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rochelle is $4,733 per month. Households that rent pay about 17.18% of their income on rent here. Rochelle's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hillcrest, IL: equally priced homes
- Flagg Center, IL: higher priced homes
- Creston, IL: equally priced homes
- Paynes Point, IL: higher priced homes
- Steward, IL: higher priced homes
- Chana, IL: higher priced homes
- Ashton, IL: less expensive homes
- White Rock, IL: higher priced homes
- Lindenwood, IL: equally priced homes
- Holcomb, IL: equally priced homes
Cities with Similar Populations
- Oak Grove, MO: higher priced homes
- Myrtle Grove, NC: higher priced homes
- Mystic, CT: higher priced homes
- Nanakuli, HI: higher priced homes
- Nantucket, MA: higher priced homes
- Napoleon, OH: equally priced homes
- Navasota, TX: higher priced homes
- Nevada, MO: less expensive homes
- New Brighton, PA: less expensive homes
- New London, WI: higher priced homes
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