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Affordable
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These days, finding an affordable place to live in the Rockwood area can be challenging. Home prices in Rockwood are now at a median cost of $134,348, lower than the Illinois average of $300,242.
The average cost of rent is $809/mo in Rockwood, primarily driven by the current value of real estate in the Rockwood area. In Rockwood, 5.14% of households rent, and 44.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rockwood is $5,817 per month. Households that rent pay about 13.91% of their income on rent here. Rockwood’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jones Ridge, IL: less expensive homes
- Wine Hill, IL: higher priced homes
- Shiloh Hill, IL: less expensive homes
- Welge, IL: higher priced homes
- Menfro, MO: higher priced homes
- Campbell Hill, IL: less expensive homes
- Crosstown, MO: higher priced homes
- Glenn, IL: less expensive homes
- Chester, IL: higher priced homes
- Jacob, IL: less expensive homes
Cities with Similar Populations
- Miller, OR: higher priced homes
- Lucien, OK: higher priced homes
- Ludlowville, NY: higher priced homes
- Lumber, AR: less expensive homes
- Marksboro, NJ: higher priced homes
- Marsteller, PA: higher priced homes
- Maryville, IA: higher priced homes
- Mashapaug, CT: higher priced homes
- Mass City, MI: less expensive homes
- Midway Corner, AR: less expensive homes
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