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Frequently asked questions
What is the average rent in Belvidere, IL?
The average rent in Belvidere, IL is $1,120.
What type of rental buildings are in Belvidere, IL?
In Belvidere 29% of the housing is rented out compared to 71% of homes are owned, according to the most recent Census Bureau estimates. 16% of Belvidere's apartments are found in large buildings of 50 units or more, 56% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.
What do typical apartment communities look like in Belvidere, IL?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Belvidere are about 41 years old, on average. Of these, 10% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 5 stories. About 61% of the rental communities here are low-rise, garden-style communities, 18% are mid-rises, and 21% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Belvidere, IL?
Rental apartments in Belvidere come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 72% of the total apartments in the city, while 2-bedroom floorplans represent around 26% of all rentals in Belvidere. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.