Real Estate Investing in Rockford, Illinois (61107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61107 (Rockford, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
No major risk flags on the data we track.
What’s happening in Rockford, IL (61107)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61107 Rockford
This part of Winnebago County is not an easy win. The 61107 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 61107 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
On the rental side, 61107 offers a low basis, the region around Rockford has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 61107 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 61107 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Rockford:
Property Strategy for 61107
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $160,786 | $1,210 | 5.4% | +11.3% | $80,393 |
| 3BR | $204,147 | $1,600 | 5.6% | +10.8% | $68,049 |
| 4BR | $277,613 | $1,640 | 4.3% | +10.1% | $69,403 |
| 5BR | $363,785 | — | — | +9.0% | $72,757 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 61107 Compare?
| Metric | 61107 | Rockford | Rockford, IL | Illinois |
|---|---|---|---|---|
| Home Value | $228,518 | $87,812 | N/A | $279,761 |
| 5-Year CAGR | 9.4% | 10.9% | N/A | 6.6% |
| Avg Rent | $1,349 | $1,360 | N/A | - |
| Cap Rate | 4.6% | 6.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61107 (Rockford, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61107 (Rockford, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $228,518 |
| Monthly Rent | $1,349 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 14.0% |
📈 Home Appreciation
| 1-Year | +10.9% ▲ |
| 3-Year CAGR | +9.9% ▲ |
| 5-Year CAGR | +9.4% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | -10.2% ▼ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 61107
Population: 29,473
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 61107
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Rolling Green
Bernard W Flinn Middle School
Clifford P Carlson Elem School
Gregory Elem School
Spring Creek Elem School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,649 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in Rockford, IL?
Investors in Rockford, IL typically see rents near $1,349/mo per month against $229K home values - a solid setup for rental cash flow.
How deep is the rental pool in Rockford, IL?
Tenant quality in Rockford, IL ranks as solid. Landlords generally report steady occupancy at market rents of $1,349/mo.
What kind of market is Rockford, IL for investors?
With a 3.0/5 investability score, Rockford, IL ranks as a solid market for rental property investors. Median prices of $229K and rents of $1,349/mo drive the underlying numbers.
What is the typical home price in Rockford, IL?
Rockford, IL median home values land near $229K. That is reasonable territory for investors looking at $1,349/mo-per-month rentals.
Is Rockford, IL better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in Rockford, IL. With home values at $229K and rents near $1,349/mo, other strategies can work but produce predictable rather than outsized returns.
You know 61107 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61107 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 61107 ranks in Rockford, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61107 (Rockford)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61107 (Rockford, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.