Market Summary

Belvidere, Boone County, IL

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Median Home Price Price

$237,146 $237.1K

Median Monthly Rent Rent

$1,265 $1.3K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Boone County

Region Price Rent GRM Display
$256,072 $1,842 12.0x
$407,749 $1,285 26.0x
$325,845 $2,128 13.0x
$245,070 $1,276 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Boone County

Region Price Rent GRM Display
$212,110 $1,327 13.0x
$271,052 $1,887 12.0x
$263,316 $1,316 17.0x
$453,621 $1,283 30.0x
$274,150 $1,882 12.0x
$162,260 $1,264 11.0x
$309,986 $2,307 11.0x
$218,411 $1,493 12.0x
$305,395 $2,043 12.0x
$293,605 $1,983 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$333,061 $1,343 21.0x
$272,810 $1,468 15.0x
$305,000 $1,685 15.0x
$373,902 $1,406 22.0x
$266,077 $1,234 18.0x
$498,068 $1,302 32.0x
$255,818 $1,488 14.0x
$285,875 $1,335 18.0x
$227,968 $1,466 13.0x
$267,125 $1,319 17.0x
$296,655 $1,306 19.0x
$227,641 $1,260 15.0x
$215,409 $1,059 17.0x
$349,624 $1,371 21.0x
$228,673 $1,351 14.0x
$243,624 $1,342 15.0x
$231,535 $1,193 16.0x
$188,654 $1,145 14.0x
$299,149 $1,464 17.0x
$557,657 $1,303 36.0x
$238,207 $1,401 14.0x
$228,789 $1,182 16.0x
$311,576 $1,145 23.0x
$228,550 $1,093 17.0x
$223,602 $1,373 14.0x
$282,075 $1,234 19.0x
$257,007 $1,539 14.0x
$494,618 $1,291 32.0x
$181,977 $1,286 12.0x
$209,447 $1,395 13.0x
$300,718 $1,691 15.0x

Home prices

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Monthly rent

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GRM

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Belvidere

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Trend Insights

Median Rent in Belvidere, IL is $1,265, with MoM change +$16 and YoY change +$126 pointing to positive momentum while volatility is low (std $33).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Belvidere, IL.

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Metric
Base market Belvidere, IL
Compare market Select a market
Delta vs base
Median rent
$1,265
N/A
Median price
$237,146
N/A
YoY change
+$126
N/A
Price-to-rent
15.6x
Data unavailable
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