Rochelle, IL home prices
Typical home $238,025 · +8.4% in a year · income needed $77,500
The Rochelle, IL metro area ranks 496 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +8.4% in a year and +33.8% over five years. With 20% down at 7.11%, the typical home costs about $1,808 a month including 2.06% property tax (Ogle County rate).
Mortgage on the typical Rochelle home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $47,605 | $190,420 | $1,281 | $0 | $527 | $1,808 | $77,500 |
| 10% down | $23,802 | $214,222 | $1,441 | $89 | $527 | $2,057 | $88,200 |
| 5% down | $11,901 | $226,123 | $1,521 | $94 | $527 | $2,142 | $91,800 |
| 3.5% down (FHA) | $8,331 | $233,713 | $1,572 | $105 | $527 | $2,204 | $94,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.06% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Rochelle area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Ogle County, IL | $238,006 | +8.4% | 2.06% |
What can you afford in Illinois on your salary? · Illinois home prices · Salaries in Illinois
Frequently asked questions
How much is a house in Rochelle?
The typical home in the Rochelle, IL metro area is worth $238,025 (Zillow, September 2026).
What salary do you need to buy a house in Rochelle?
About $77,500 a year for the typical home with 20% down at 7.11%.