Real Estate Investing in Belvidere, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 33,697 • Boone County

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Should you buy in Belvidere, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $267,975
Avg Monthly Rent $1,673
ZIP Codes 1

Investing in Belvidere Real Estate

This is a distressed-leaning corner of Illinois: Belvidere has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

clearly Belvidere's aggregate rating of ★★★☆☆ reflects thin investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Market conditions in Belvidere are modest. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Distressed-leaning demographics in Belvidere — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Rockford, IL

Belvidere is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$267,975
Avg Monthly Rent
$1,673
1% Rule
✗ Below
Landlord Friendly (IL)

📉 Market Crash Risk Index

Based on Rockford, IL metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
32%
Days Pending
0/2
19 days

View all metro crash risk rankings →

⚖️ Balanced Market — Rockford, IL metro
19
Days to pending
11.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Belvidere, IL

Screen every ZIP in Belvidere

Filter Belvidere’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Belvidere, IL

How strong is the working-renter base in Belvidere, IL?

Tenant demand in Belvidere, IL is solid. The local workforce $1,673/mo rents across most rental classes.

What is the rental occupancy rate in Belvidere, IL?

Belvidere, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Where do home prices stand in Belvidere, IL?

Belvidere, IL home values average about $268K. That price point suits investors targeting rentals with $1,673/mo in monthly income.

Is Belvidere, IL landlord-friendly?

IL law landlord-friendly for landlords, and Belvidere inherits those rules. Investors should still review local ordinances for rental licensing.

Can I live-in-and-rent in Belvidere, IL?

House hacking in Belvidere, IL is a challenging. With home values around $268K and rents at $1,673/mo, owner-occupants can offset a meaningful share of PITI.

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