Home prices
The median home in Rutland costs $69,200. Compared to the surrounding areas it is roughly $23,000 (24%) lower.Compared to the nation as a whole it is about $148,300 (68%) lower, and compared to the city of Rockford it is roughly $22,400 (24%) lower.
Rents
The median rent in Rutland is $663 a month. This is approximately $60 (8%) lower compared to its surrounding areas.In comparison to the country as a whole it is about $399 (37%) lower, and in comparison to the city of Rockford is roughly $109 (14%) lower.
Nearby places
Toluca
Toluca is approximately 4 miles west from Rutland. Its real estate prices are a bit more expensive. The median home price in Toluca is $81,600, which works out to $12,400 (15%) higher than Rutland. Rent there is fairly similar. In Toluca the median monthly rent is $657, which is very similar to Rutland.
Wenona
Wenona is approximately 4 miles north from Rutland. Its real estate prices are a little more expensive. The median home in Wenona is valued at $96,400, which comes out to $27,200 (28%) higher than Rutland. The rent there is a little less expensive. The median monthly rent in Wenona is $610, which works out to $53 (8%) lower than Rutland.
Minonk
Minonk is approximately 4 miles south of Rutland. The real estate prices there are substantially more expensive. The median home in Minonk costs $105,400, which comes out to $36,200 (34%) higher than Rutland. The rent there is a little more expensive. The median rent in Minonk is $809 per month, which works out to $146 (18%) higher than Rutland.
Varna
Varna is approximately 8 miles northwest of Rutland. Its housing prices are a little more expensive. The median home in Varna costs $85,000, which works out to $15,800 (18%) higher than Rutland. Its rents are a little more expensive. In Varna the median rent is $775 a month, which works out to $112 (14%) higher than Rutland.
Lostant
Lostant is roughly 9 miles north from Rutland. The real estate prices there are somewhat more expensive. The price of the median home in Lostant is $92,600, which is $23,400 (25%) higher than Rutland. Rent there is a bit more expensive. Lostant's median monthly rent is $763, which is $100 (13%) higher than Rutland.
