Much like its surrounding areas, it's significantly less expensive compared to the rest of the country. It's close to average compared to the city of Rockford.
Home prices
The cost of the median home in Flanagan is $94,600. It is approximately $1,820 (1%) higher in comparison to other places in this area.It is roughly $122,900 (56%) lower compared to the US as a whole, and compared to the city of Rockford is roughly $3,000 (3%) higher.
Rents
Flanagan's median rent is $761 per month. It is roughly $16 (2%) higher in comparison to nearby areas.Compared to the entire nation it is roughly $301 (28%) lower, and in comparison to the city of Rockford it is approximately $11 (1%) lower.
Nearby places
Minonk
Minonk is about 8 miles west of Flanagan. Its housing prices are a little more expensive. Minonk's median home price is $105,400, which works out to $10,800 (10%) higher than Flanagan. Its rents are a little more expensive. In Minonk the median rent is $809 a month, which comes out to $48 (5%) higher than Flanagan.
Gridley
Gridley is about 9 miles south of Flanagan. Housing prices there are a bit more expensive. The median home cost in Gridley is $117,100, which comes out to $22,500 (19%) higher than Flanagan. Rent there is somewhat less expensive. In Gridley the median monthly rent is $628, which works out to $133 (21%) lower than Flanagan.
Cornell
Cornell is approximately 9 miles northeast from Flanagan. Its real estate prices are a bit less expensive. The median home cost in Cornell is $75,200, which works out to $19,400 (25%) lower than Flanagan. Its rents are a little more expensive. Cornell's median rent is $908 per month, which works out to $147 (16%) higher than Flanagan.
Pontiac
Pontiac is roughly 9 miles east from Flanagan. Housing prices there are fairly similar. Pontiac's median home value is $97,000, which works out to $2,400 (2%) higher than Flanagan. Rent there is a little less expensive. The median monthly rent in Pontiac is $715, which is $46 (6%) lower than Flanagan.
Rutland
Rutland is roughly 10 miles northwest of Flanagan. The housing prices there are a lot less expensive. The median home in Rutland is valued at $69,200, which works out to $25,400 (36%) lower than Flanagan. Its rents are a little less expensive. The median rent in Rutland is $663 per month, which comes out to $98 (14%) lower than Flanagan.