Home prices
The median home value in Belvidere is $110,300. In comparison to nearby areas it is approximately $30,900 (21%) lower.It is approximately $107,200 (49%) lower compared to the United States as a whole, and in comparison to the city of Chicago it is about $147,700 (57%) lower.
Rents
The median rent in Belvidere is $776 a month. It is roughly $358 (31%) lower compared to other places in this area.Compared to the rest of the nation it is roughly $286 (26%) lower, and in comparison to the city of Chicago is about $336 (30%) lower.
Nearby places
Cherry Valley
Cherry Valley is Belvidere's neighbor to the southwest. Housing prices there are a lot more expensive. The median home in Cherry Valley is valued at $170,100, which comes out to $59,800 (35%) higher than Belvidere. The rent there is a bit less expensive. In Cherry Valley the median monthly rent is $739, which is $37 (5%) lower than Belvidere.
Candlewick Lake
Candlewick Lake is roughly 6 miles north from Belvidere. The housing prices there are a bit more expensive. The median home value in Candlewick Lake is $130,800, which is $20,500 (15%) higher than Belvidere. Its rents are a lot more expensive. Candlewick Lake's median monthly rent is $1,393, which is $617 (44%) higher than Belvidere.
Poplar Grove
Poplar Grove is roughly 6 miles north of Belvidere. Real estate prices there are somewhat more expensive. The median home in Poplar Grove costs $159,900, which is $49,600 (31%) higher than Belvidere. The rent there is a lot more expensive. The median rent in Poplar Grove is $1,625 per month, which works out to $849 (52%) higher than Belvidere.
Caledonia
Caledonia is approximately 7 miles north from Belvidere. The real estate prices there are somewhat more expensive. The cost of the median home in Caledonia is $133,300, which comes out to $23,000 (17%) higher than Belvidere. The rent there is somewhat more expensive. Caledonia's median rent is $1,063 a month, which is $287 (26%) higher than Belvidere.
Loves Park
Loves Park is about 7 miles northwest of Belvidere. The real estate prices there are similar. The median home cost in Loves Park is $111,900, which is $1,600 (1%) higher than Belvidere. Its rents are a little more expensive. In Loves Park the median monthly rent is $848, which works out to $72 (8%) higher than Belvidere.
