Cheapest Neighborhoods in Rockford, IL

Some of the cheapest neighborhoods in Rockford are Coronado Haskell, Great Oaks, and East Rockford. These neighborhoods offer some of the lowest rent prices in Rockford, making them ideal for renters on a budget. As of August 10, 2026, the average rent in Rockford is $1,050, which is 5.6% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Coronado Haskell

Average Rent

$985/Month

Year-Over-Year Rent Change

9.3%

Units Available

14 Rentals

Coronado Haskell is a top choice for budget-conscious renters for a variety of reasons. The average rent in Coronado Haskell is $985 while the city average is $1,050. This is a 9.3% difference from last year. Residents enjoy convenient access to Nicholas Conservatory and Gardens, Discovery Center Museum, and Burpee Museum of Natural History.

Great Oaks

Average Rent

$1,133/Month

Units Available

37 Rentals

When you’re looking for a great Rockford neighborhood on a budget, check out Great Oaks. The average rent is $1,133, compared to the city average of $1,050. Great Oaks is convenient to Rock Valley College, Rasmussen College-Illinois, and Espenscheid Memorial Preserve.

East Rockford

Average Rent

$1,257/Month

Year-Over-Year Rent Change

4.7%

Units Available

29 Rentals

East Rockford is an affordable neighborhood in Rockford with an average rent price of $1,257. Compare this to the city average of $1,050. In the past year, rent prices have increased by 4.7%. East Rockford provides easy access to Rasmussen College-Illinois, Rockford University, and Anderson Japanese Gardens.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.