Home prices
The value of the median home in Janesville is $167,200. It is roughly $21,820 (15%) higher compared to its surrounding areas.Compared to the entire nation it is roughly $50,300 (23%) lower, and in comparison to the city of Cedar Rapids is approximately $25,400 (17%) higher.
Rents
Janesville's median rent is $625 a month. This is approximately $60 (8%) lower in comparison to other places in this area.Compared to the rest of the country it is roughly $437 (41%) lower, and in comparison to the city of Cedar Rapids it is about $142 (18%) lower.
Nearby places
Waverly
Waverly is roughly 5 miles north of Janesville. Its housing prices are fairly similar. The median home price in Waverly is $173,700, which is $6,500 (3%) higher than Janesville. Its rents are a little more expensive. Waverly's median monthly rent is $715, which is $90 (12%) higher than Janesville.
Denver
Denver is about 5 miles east from Janesville. Real estate prices there are fairly similar. The median home in Denver costs $162,800, which comes out to $4,400 (2%) lower than Janesville. The rent there is somewhat less expensive. The median rent in Denver is $588 a month, which works out to $37 (6%) lower than Janesville.
Shell Rock
Shell Rock is approximately 6 miles northwest from Janesville. The real estate prices there are a lot less expensive. The median home in Shell Rock is valued at $118,900, which comes out to $48,300 (40%) lower than Janesville. Its rents are a little less expensive. Shell Rock's median rent is $548 a month, which is $77 (14%) lower than Janesville.
Cedar Falls
Cedar Falls is about 8 miles south of Janesville. The real estate prices there are a little more expensive. The median home in Cedar Falls costs $189,100, which works out to $21,900 (11%) higher than Janesville. Its rents are a little more expensive. In Cedar Falls the median rent is $875 a month, which comes out to $250 (28%) higher than Janesville.
New Hartford
New Hartford is roughly 8 miles southwest of Janesville. Its housing prices are significantly less expensive. New Hartford's median home value is $82,400, which works out to $84,800 (102%) lower than Janesville. Rent there is a little more expensive. In New Hartford the median monthly rent is $700, which works out to $75 (10%) higher than Janesville.