Home prices
The median home in South Beloit is valued at $125,800. In comparison to its surrounding areas this is about $9,240 (6%) lower.In comparison to the nation as a whole it is roughly $91,700 (42%) lower, and in comparison to the city of Chicago is about $132,200 (51%) lower.
Rents
In South Beloit the median monthly rent is $784. Compared to nearby areas this is about $80 (9%) lower.In comparison to the nation as a whole it is approximately $278 (26%) lower, and compared to the city of Chicago it is roughly $328 (29%) lower.
Nearby places
Beloit
Beloit is South Beloit's neighbor to the north. Its housing prices are substantially less expensive. Beloit's median home price is $89,900, which is $35,900 (39%) lower than South Beloit. Rents there are fairly similar. Beloit's median rent is $800 a month, which works out to $16 (2%) higher than South Beloit.
Rockton
Rockton is South Beloit's neighbor to the southwest. Its real estate prices are a little more expensive. The median home in Rockton costs $172,100, which is $46,300 (26%) higher than South Beloit. The rent there is similar. The median rent in Rockton is $750 a month, which works out to $34 (4%) lower than South Beloit.
Roscoe
Roscoe is South Beloit's neighbor to the south. Its real estate prices are somewhat more expensive. The median home in Roscoe is valued at $163,000, which comes out to $37,200 (22%) higher than South Beloit. Rents there are a little more expensive. The median monthly rent in Roscoe is $1,102, which is $318 (28%) higher than South Beloit.
Machesney Park
Machesney Park is approximately 7 miles south of South Beloit. Housing prices there are similar. The median home value in Machesney Park is $120,700, which comes out to $5,100 (4%) lower than South Beloit. Its rents are a little more expensive. In Machesney Park the median monthly rent is $956, which works out to $172 (17%) higher than South Beloit.
Clinton
Clinton is about 8 miles northeast of South Beloit. The housing prices there are pretty similar. Clinton's median home price is $129,500, which works out to $3,700 (2%) higher than South Beloit. The rent there is a bit less expensive. Clinton's median rent is $713 a month, which is $71 (9%) lower than South Beloit.
