Home prices
Beloit's median home value is $89,900. Compared to the surrounding areas this is approximately $52,320 (36%) lower.Compared to the US as a whole it is roughly $127,600 (58%) lower, and is about $168,100 (65%) lower in comparison to the city of Chicago.
Rents
In Beloit the median monthly rent is $800. Compared to other places in this area this is approximately $61 (7%) lower.It is about $262 (24%) lower in comparison to the United States as a whole, and compared to the city of Chicago it is roughly $312 (28%) lower.
Nearby places
South Beloit
South Beloit is Beloit's neighbor to the south. The real estate prices there are somewhat more expensive. The median home in South Beloit is valued at $125,800, which comes out to $35,900 (28%) higher than Beloit. Its rents are fairly similar. South Beloit's median monthly rent is $784, which works out to $16 (2%) lower than Beloit.
Rockton
Rockton is roughly 5 miles south from Beloit. Real estate prices there are a lot more expensive. The median home in Rockton is valued at $172,100, which comes out to $82,200 (47%) higher than Beloit. Its rents are a bit less expensive. In Rockton the median rent is $750 a month, which comes out to $50 (6%) lower than Beloit.
Roscoe
Roscoe is approximately 6 miles south of Beloit. Housing prices there are substantially more expensive. The median home in Roscoe is valued at $163,000, which comes out to $73,100 (44%) higher than Beloit. Rent there is somewhat more expensive. The median rent in Roscoe is $1,102 per month, which works out to $302 (27%) higher than Beloit.
Clinton
Clinton is roughly 6 miles east from Beloit. Its housing prices are a little more expensive. The median home value in Clinton is $129,500, which is $39,600 (30%) higher than Beloit. Rents there are somewhat less expensive. The median monthly rent in Clinton is $713, which comes out to $87 (12%) lower than Beloit.
Machesney Park
Machesney Park is about 10 miles south of Beloit. Its real estate prices are a bit more expensive. The median home in Machesney Park costs $120,700, which works out to $30,800 (25%) higher than Beloit. The rent there is a bit more expensive. In Machesney Park the median monthly rent is $956, which is $156 (16%) higher than Beloit.
