Rental numbers for Winnebago County, IL
The typical home here runs -$797 a month at 7.78% with 25% down. 0 of 10 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.1%.
- Gross yield
- 7.1%
- typical home, Zillow
- Median ZIP yield
- 9.1%
- 10 ZIPs with full data
- Cash flow
- -$797/mo
- at 7.78%, 25% down
- Typical price
- $213,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,259/mo
- Zillow ZORI, Aug 2026
ZIP codes in Winnebago County
17 with published figures
| 61101Rockford | $116,000 | $1,225 | 12.6% | 6.1% | -$35 | n/a |
| 61104Rockford | $116,000 | $1,139 | 11.7% | 6.1% | -$34 | +11.3% |
| 61102Rockford | $123,000 | $1,070* | 10.4% | 4.7% | -$184 | n/a |
| 61115Machesney Park | $211,000 | $1,611 | 9.2% | 4.0% | -$437 | n/a |
| 61103Rockford | $154,000 | $1,169 | 9.1% | 3.5% | -$382 | +8.4% |
| 61111Loves Park | $207,000 | $1,567 | 9.1% | 3.8% | -$454 | n/a |
| 61108Rockford | $194,000 | $1,459 | 9.0% | 3.5% | -$477 | +2.2% |
| 61080South Beloit | $243,000 | $1,488 | 7.4% | 2.6% | -$790 | n/a |
| 61107Rockford | $228,000 | $1,356 | 7.1% | 1.8% | -$891 | +8.9% |
| 61109Rockford | $198,000 | $1,161 | 7.0% | 1.8% | -$762 | n/a |
| 61063Pecatonica | $240,000 | $1,320* | 6.6% | 1.9% | -$914 | n/a |
| 61073Roscoe | $317,000 | $1,560* | 5.9% | 1.1% | -$1,413 | n/a |
| 61024Durand | $232,000 | $1,070* | 5.5% | 0.9% | -$1,086 | n/a |
| 61088Winnebago | $287,000 | $1,240* | 5.2% | 0.2% | -$1,492 | n/a |
| 61072Rockton | $301,000 | $1,170* | 4.7% | 0.1% | -$1,584 | n/a |
| 61016Cherry Valley | $294,000 | $1,070* | 4.4% | -0.2% | -$1,637 | n/a |
| 61114Rockford | $276,000 | $1,000 | 4.3% | -0.8% | -$1,680 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +9.1%
- Rent, 12 months
- +6.9%
- Rent minus price growth
- -2.2 pts
- Property tax
- 2.39%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $137,358 | $850 |
| Aug 2022 | $153,406 | $934 |
| Aug 2023 | $163,959 | $1,008 |
| Aug 2024 | $182,827 | $1,087 |
| Aug 2025 | $195,222 | $1,178 |
| Aug 2026 | $212,989 | $1,259 |
HUD Fair Market Rent
FY2027, Rockford, IL MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $816 | $896 | $1,172 | $1,542 | $1,578 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 3.0
- 345 units, last 12 months
- National percentile
- 34th
- among US counties
Tools
Test a listing in Winnebago County against today's rate.
Open the calculatorPart of the Rockford, IL metro.
Questions
- Is Winnebago County good for rental property?
- The typical home here runs -$797 a month at 7.78% with 25% down. 0 of 10 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Winnebago County?
- About 2.39% of value, from Census ACS median taxes paid over median home value. On a $213,000 home that is about $5,088 a year.
- What is Fair Market Rent in Winnebago County?
- HUD's FY2027 Fair Market Rent here is $896 for a 1-bedroom, $1,172 for a 2-bedroom and $1,542 for a 3-bedroom. Typical cash flow at today's rate is -$797 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.