Rockford Fair Market Rent FY 2019 Rockford, IL MSA Rental Data

Fair Market Rent prices in Rockford are average compared to the national average. This FMR area is more expensive than 70% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Rockford is $800 per month.

The previous year, rent for a two-bedroom home was $777 per month. This is a 2.96% increase year-over-year.

This FMR rate applies to Garden Prairie, IL, Capron, IL, Kingston, IL, Kirkland, IL, Caledonia, IL, Cherry Valley, IL, Genoa, IL, South Beloit, IL, Poplar Grove, IL, Marengo, IL and other cities within the region. The Metro Code or CBSA code for this region is METRO40420M40420.

Additionally, This Fair Market Rent (FMR) area Rockford, IL MSA spans one county or city in Illinois which is listed in the table below. Estimated population of Rockford, IL MSA FMR area is 54,165 people based on latest Census data.

Compared to the rest of Illinois, the Rockford FMR area is more expensive than 85% of the state.

Median Rent Prices in Rockford

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: