Housing in Rock Grove

A typical Rock Grove home is worth roughly $259,000

Typical home value

$259K

IL $298K

Estimate

2-bedroom rent

$1,170

a month, utilities in · HUD

Median tax bill

$5,045

IL $5,298

What kind of housing town is Rock Grove?

Read from the numbers below. The page puts what stands out first.

A town of owners96% of households own their home.

★ What stands out · The homes

96% of Rock Grove households own their home

Half of Rock Grove’s homes were built before 1988.

Owners and renters

Own 96%Rent 4%

Illinois: 67% own.

1988

typical home built · IL 1971

$5,045

median property tax bill · IL $5,298

1.95%

of a home’s value, a year in tax · IL 2.01%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 2.6 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about

$340,000

Typical Rock Grove home $259K

That covers a typical Rock Grove home, with $81K to spare.

The typical home, each month

$1,780

Loan $1,280Tax $420Insurance $80

A two-bedroom rents for about $1,170 a month here, $610 less than owning.

Where your budget reaches nearby

Laona$215K Jefferson$231K Rock Run$165K Oneco$156K Dakota$156K Lake Summerset$237K Buckeye$155K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Rock Grove’s typical property tax (1.95% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,170

Fair Market Rent a month, utilities included

Studio$870

1 bedroom$890

2 bedrooms$1,170

3 bedrooms$1,450

4 bedrooms$1,690

of households rent · IL 33%

14%

of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Rockford, IL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Rock Grove vs. its neighbors

Rock Grove is the priciest of 8 neighboring towns. Tap one to see its housing page.

Rock Grove$259K Lake Summerset$237K Jefferson$231K Laona$215K Rock Run$165K Oneco$156K Dakota$156K Buckeye$155K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Rock Grove	$259K*	—	$1,170	$99,500
Laona	$215K*	+6.7%†	$1,130	$110,237
Jefferson	$231K*	—	$1,080	$70,368
Rock Run	$165K*	—	$1,210	$90,083
Oneco	$156K*	—	$930	$69,630
Dakota	$156K*	—	$920	$68,750
Lake Summerset	$237K*	+3%†	$1,330	$108,355
Buckeye	$155K*	+11.5%†	$920	$76,094

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Rock Grove buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Rock Grove still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.