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Rockford city, IL

ZIP 61104 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 61104

Median Home Value
$83,700
Median Rent
$623
Affordability Snapshot
$23,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$538/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

11.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 61104 in Rockford city, IL, a household would need roughly $23,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $538. That sits below the local median household income ($32,161), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
37.0%-43% vs US avg
x
Vacancy Rate
16.2%+57% vs US avg
x
Broadband Access
75.0%-14% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
9.7%-24% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
33.0%-34% vs US avg
x
Mortgage-Free
56.5%+48% vs US avg
x
$83,700
Home Value
$623
Rent
1938
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached35.8%
  • 1-unit attached0.9%
  • 2-9 units51.8%
  • 10+ units11.0%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$83,700
Median rent$623
Owner-occupied37.0%
Vacant16.2%
Price-to-income2.6x
Est. income to buy$23,000