Much like the surrounding areas, it's a lot less expensive compared to the country as a whole. Compared to the city of Chicago, it's a lot less expensive.
Home prices
The price of the median home in Rochelle is $114,500. It is about $1,700 (1%) lower in comparison to other places in this area.In comparison to the United States as a whole it is approximately $103,000 (47%) lower, and in comparison to the city of Chicago it is roughly $143,500 (55%) lower.
Rents
In Rochelle the median monthly rent is $782. This is roughly $58 (6%) lower compared to its nearby areas.Compared to the rest of the nation it is approximately $280 (26%) lower, and in comparison to the city of Chicago it is roughly $330 (29%) lower.
Nearby places
Hillcrest
Hillcrest is Rochelle's neighbor to the north. The housing prices there are a little more expensive. The median home value in Hillcrest is $124,600, which works out to $10,100 (8%) higher than Rochelle. Its rents are somewhat more expensive. In Hillcrest the median rent is $906 a month, which works out to $124 (13%) higher than Rochelle.
Creston
Creston is roughly 4 miles east of Rochelle. Its real estate prices are pretty similar. Creston's median home value is $120,100, which works out to $5,600 (4%) higher than Rochelle. Rents there are fairly similar. Creston's median monthly rent is $817, which comes out to $35 (4%) higher than Rochelle.
Steward
Steward is approximately 5 miles southeast from Rochelle. Housing prices there are a bit less expensive. The median home cost in Steward is $100,000, which works out to $14,500 (14%) lower than Rochelle. Rent there is somewhat less expensive. The median rent in Steward is $740 a month, which is $42 (5%) lower than Rochelle.
Ashton
Ashton is about 7 miles southwest from Rochelle. Real estate prices there are somewhat less expensive. The median home cost in Ashton is $97,800, which comes out to $16,700 (17%) lower than Rochelle. Rents there are pretty similar. Ashton's median monthly rent is $777, which is very similar to Rochelle.
Malta
Malta is about 8 miles east of Rochelle. The real estate prices there are a little more expensive. The median home price in Malta is $138,500, which works out to $24,000 (17%) higher than Rochelle. Rents there are somewhat more expensive. The median rent in Malta is $962 a month, which comes out to $180 (18%) higher than Rochelle.
