Real Estate Investing in Winnebago County, Illinois

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

17 ZIP codes • Population: 283,881

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

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

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

πŸ“ˆ For Investors
MIXED
3.5 / 5 (59/100)

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.

What’s happening in Winnebago County, IL?

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3.5/ 5

Investability

County-wide average

4.0/ 5

Appreciation

9.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $220,029
Avg Monthly Rent $1,284
ZIP Codes 17

Investing in Winnebago County Real Estate

Across Winnebago County's 17 ZIPs, the picture is muted β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

firmly Winnebago County's β˜…β˜…β˜…β˜†β˜† aggregate rating reflects modest investor metrics across the board β€” soft rent growth, soft appreciation, and structural headwinds worth taking seriously.

A 283,881 population and $N/AK household income profile is what makes Winnebago a challenging rental region β€” the base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Winnebago County, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$220,029
Avg Monthly Rent
$1,284
1% Rule
βœ— Below
Landlord Friendly (IL)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ 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 β†’

πŸŽ“ Colleges & Universities in Winnebago County

7 Colleges 9,296 Students 3,649 Off-Campus Renters
C
Rock Valley College
2-Year Public Β· 5,480 students
πŸ“ ~3,649 students rent off-campus
C
Rockford University
4-Year Private Β· 1,249 students
C
Educators of Beauty College of Cosmetology-Rockford
Vocational For-Profit Β· 101 students
C
Rasmussen University-Illinois
2-Year For-Profit Β· 1,332 students
D
Tricoci University of Beauty Culture-Rockford
Vocational For-Profit Β· 173 students
D
Saint Anthony College of Nursing
4-Year Private Β· 228 students
D
Stautzenberger College-Rockford Career College
2-Year For-Profit Β· 733 students

Investor Insight: With 3,649 students living off-campus, Winnebago County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Winnebago County

ZIP Codes in Winnebago County, IL

61108 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 30,202
Avg Home $193,284
Avg Rent $1,490/mo
61107 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 29,473
Avg Home $228,518
Avg Rent $1,349/mo
61109 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 26,714
Avg Home $195,906
Avg Rent $1,149/mo
61103 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 23,238
Avg Home $155,259
Avg Rent $1,021/mo
61111 β˜… β˜… β˜… β˜… β˜…
Loves Park
Population 22,838
Avg Home $207,516
Avg Rent $1,571/mo
61115 β˜… β˜… β˜… β˜… β˜…
Machesney Park
Population 22,424
Avg Home $211,232
Avg Rent $1,469/mo
61073 β˜… β˜… β˜… β˜… β˜…
Roscoe
Population 20,008
Avg Home $318,229
Avg Rent $1,658/mo
61101 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 19,671
Avg Home $117,334
Avg Rent $1,275/mo
61104 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 17,584
Avg Home $114,812
Avg Rent $1,088/mo
61102 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 16,620
Avg Home $124,695
Avg Rent $1,406/mo
61114 β˜… β˜… β˜… β˜… β˜…
Rockford
Population 15,026
Avg Home $275,189
Avg Rent $2,100/mo
61072 β˜… β˜… β˜… β˜… β˜…
Rockton
Population 11,342
Avg Home $300,992
Avg Rent $1,053/mo
61080 β˜… β˜… β˜… β˜… β˜…
South Beloit
Population 11,062
Avg Home $243,288
Avg Rent $972/mo
61088 β˜… β˜… β˜… β˜… β˜…
Winnebago
Population 5,992
Avg Home $288,598
Avg Rent $1,116/mo
61016 β˜… β˜… β˜… β˜… β˜…
Cherry Valley
Population 5,166
Avg Home $294,120
Avg Rent $963/mo
61063 β˜… β˜… β˜… β˜… β˜…
Pecatonica
Population 4,257
Avg Home $239,553
Avg Rent $1,188/mo
61024 β˜… β˜… β˜… β˜… β˜…
Durand
Population 2,264
Avg Home $231,968
Avg Rent $963/mo

Screen every market in Winnebago County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Winnebago County

How much do tenants pay in, IL?

Investors in, IL typically see rents near $1,284/mo per month against $220K home values - a solid setup for rental cash flow.

What are home prices like in, IL?

Homes in, IL typically sell near $220K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.

Does, IL make sense for an investment property?

Yes -, IL a 3.5/5 investability score. With $220K home prices against $1,284/mo monthly rent, the market delivers a reasonable entry point for new investors.

Is, IL a friendly market for rental owners?

Rental owners in, IL deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.

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