Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rockford area can be challenging. Home prices in Rockford are now at a median cost of $246,247, lower than the Minnesota average of $269,934.
The average cost of rent is $1,180/mo in Rockford, primarily driven by the current value of real estate in the Rockford area. While nearly 28.05% of residents own their homes outright in Rockford, 14.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rockford is $8,247 per month. Households that rent pay about 14.31% of their income on rent here. Rockford's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Greenfield, MN: higher priced homes
- Loretto, MN: higher priced homes
- Delano, MN: higher priced homes
- Independence, MN: higher priced homes
- Hanover, MN: higher priced homes
- Maple Plain, MN: higher priced homes
- Buffalo, MN: equally priced homes
- Montrose, MN: equally priced homes
- Corcoran, MN: higher priced homes
- St. Michael, MN: higher priced homes
Cities with Similar Populations
- Moores Mill, AL: less expensive homes
- Newton, MS: less expensive homes
- Newport, VT: less expensive homes
- Newmanstown, PA: less expensive homes
- New Concord, OH: less expensive homes
- New Boston, NH: higher priced homes
- Mount Carmel, TN: less expensive homes
- Mounds, OK: less expensive homes
- Morrisville, VT: less expensive homes
- Morganton, GA: equally priced homes
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