Rent-to-Own Homes in Rockford, IL: What You Need to Know
Affectionately known as “The Forest City,” Rockford, Illinois is located on the banks of the Rock River. Aside from the gorgeous view, there are plenty of reasons to move to Rockford. There are plenty of job opportunities and a low cost of living. The schools and neighborhoods are great for raising a family. If you love seeing all four seasons, this city is for you.
Local Job Opportunities
Rockford leads the world in manufacturing and the production of auto parts and machine tools. The top industries here are Healthcare, Education, Metal and Metal Products, Accommodation and Food Services, Government, Finance and Insurance, and Manufacturing. There are several Fortune 500 companies located in Rockford; PACCAR, L&T Technology Services, and Aflac are just a few. The median income is $38,231.
The Cost of Living in Rockford
The cost of living in Rockford is one of the city’s many draws. On average, it is 10% cheaper to live here when compared to the rest of the country. Housing is 22% cheaper, with the median home price $268,925. The average rent for an apartment here is $806. One-bedrooms tend to cost around $641 per month, whereas two-bedrooms are roughly $858.
Schools and Education
There are 42 public schools located in Rockford, Il. The Rockford Public School district is one of the largest in Illinois. There are 33 private schools in Rockford, educating a total of 6,970 students. For those interested in higher education, Rockford University, and Rock Valley College are both inside the city. Blackhawk Technical College and Kishwaukee College are both nearby.
Weather and Climate
Rockford, Illinois has a humid, continental climate; the summers are long, hot, and damp; the winters are freezing and dry. The coldest month is January, with temperatures scarcely dropping below 13.5°F. The hottest month is July when temperatures tend to peak at 84.6°F. Rockford sees 36” of snow annually.
Know Your Neighborhoods
Byron is home to nearly 4,000 residents and is considered one of the best towns in all of Illinois. Residents enjoy a quiet suburban environment and top-rated public schools. Families and young professionals seem to favor Byron. The median home value is $142,000 and the median rent is $752.
Rockton is another Illinois favorite. Home to nearly 8,000, the residents enjoy a quiet suburban environment and top-rated public schools. Young professionals make up the bulk of the population. The median home value is $168,100 and the majority of residents own their homes. The median rent is $741.
Roscoe is a suburban, rural blend and one of the best places to live in Illinois. There are 10,575 residents here, many of whom are families and young professionals. The median home value is $158,200 and the majority of residents own their homes. The median rent is $1,098.