In Janesville, a typical home is worth $223,400 and typical rent is $1,054 a month. Home values, rent and income are very close to those of all of Rock County.
Typical home value from Zillow, September 2021 to September 2026: from $216,829 to $296,361.
Typical rent
$1,165a month
▲ 7.4% more than 12 months ago
Typical rent from Zillow, December 2022 to September 2026: from $873 to $1,165.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Janesville is in Rock County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Rock County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Beloit, the typical home value is $156,500: 30% less than in Janesville ($223,400).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Janesville
What homes there are in Janesville, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Janesville
Rock County
Wisconsin
United States
Kind of home: Janesville and its comparisons
Measure
Janesville
Rock County
Wisconsin
United States
Detached house
68%
74%
66%
61%
Attached house
7%
5%
4%
6%
Building of 2 to 4
8%
7%
9%
8%
Apartments (5 or more)
16%
12%
17%
19%
Mobile home
2%
3%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Janesville (68%), but less so than in Rock County (74%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Janesville
Rock County
Wisconsin
United States
Year built: Janesville and its comparisons
Measure
Janesville
Rock County
Wisconsin
United States
Before 1960
30%
37%
33%
26%
1960–1979
33%
28%
24%
24%
1980–1999
22%
19%
22%
25%
2000–2009
10%
11%
13%
14%
2010 or later
5%
6%
9%
11%
In Janesville, half of the homes were built before 1972; in Rock County, before 1970.
There are fewer big homes in Janesville than in Rock County: 59% have 3 bedrooms or more, against 63%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K7%
$100K–$200K31%
$200K–$300K39%
$300K–$500K19%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Janesville and its comparisons
Measure
Janesville
Under $100K
7%
$100K–$200K
31%
$200K–$300K
39%
$300K–$500K
19%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA limit for Rock County is high ($541,287): at least 97% of owner-occupied homes in Janesville are worth less than $500,000.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5005%
$500–$99939%
$1,000–$1,49940%
HUD fair market rent, 2 bedrooms: $1,280
$1,500–$1,99912%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Janesville and its comparisons
Measure
Janesville
Under $500
5%
$500–$999
39%
$1,000–$1,499
40%
$1,500–$1,999
12%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
About 67% of rented homes in Janesville cost less than HUD's 2-bedroom fair market rent for Rock County ($1,280).
With a mortgage
$1,510 a month
Rock County: $1,538 a month
Without a mortgage
$640 a month
Rock County: $632 a month
Owners with a mortgage
61%
Rock County: 63%
Owning costs about the same in Janesville as in Rock County: with a mortgage, $1,510 a month; without one, $640.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Janesville+57%
Rock County+58%
Wisconsin+48%
United States+53%
Typical rent
Janesville+23%
Rock County+24%
Wisconsin+27%
United States+33%
Typical household income
Janesville+31%
Rock County+31%
Wisconsin+26%
United States+29%
Change since 2015–2019: Janesville and its comparisons
Measure
Janesville
Rock County
Wisconsin
United States
Typical home value
+57%
+58%
+48%
+53%
Typical rent
+23%
+24%
+27%
+33%
Typical household income
+31%
+31%
+26%
+29%
The typical home value in Janesville rose 57% since 2015–2019, about the same as in Rock County (58%).
Rents in Janesville rose at about the same pace as in Rock County: 23% since 2015–2019, against 24%.
The typical household income in Janesville rose 31% over that time; home values changed +57% and rent +23%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Janesville and its comparisons
Measure
Janesville
Rock County
Wisconsin
United States
Rental vacancy
Unreliable estimate
3.7%
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.5%
0.9%
More than one person per room
1.9%
1.4%
1.7%
3.4%
People per household
2.30
2.41
2.33
2.53
Drive alone
80%
80%
74%
69%
Carpool
7%
7%
7%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
2%
2%
3%
3%
Work from home
10%
9%
13%
15%
Other means
1%
1%
1%
2%
Typical commute
10 to 19 minutes
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
More than one person per room: that is how 1.9% of households in Janesville live, near the figure in Rock County (1.4%).
By size, households in Janesville look like those in Rock County: 2.30 people on average.
In Janesville, 80% of workers drive alone to work; in Rock County, 80%.
Do the math
What would you pay each month for a home in Janesville?
A typical home is tight for the typical income
We start with a typical home in Janesville, worth $223,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Janesville, which is $73,446 a year. For that payment to be 28% of income, a household would need to earn about $85,233 a year.
The calculator's FHA and conventional loan limits are those of all of Rock County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Janesville. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,819 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,989
at 7.18% · 30 years
Loan amount
$219,354
Total interest
$315,598
Paid off in
November 2056
Includes $3,773 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,714 a month
Tight
$1,714 to $2,203 a month
Your payment · 32%
Hard
more than $2,203 a month
Compared with the typical household income in Janesville ($73,446 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,486
Property tax
$311
Home insurance
$93
FHA mortgage insurance (MIP)
$99
You need at least $7,819 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,989; principal and interest $1,486.
The city and its county
Janesville and Rock County
Janesville is in Rock County, Wisconsin. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Janesville
Map of Rock County, Wisconsin, with Janesville marked. Around it, the neighboring counties.
Janesville
Rock County
Other cities with a page
Janesville's own numbers
Typical home value
$223,400
Typical monthly rent
$1,054
Typical yearly household income
$73,446
Households that own their home
67%
Effective property tax rate
1.67%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Rock County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,280
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Rock County.
A typical home in Janesville is worth $223,400: 4% below the county and 16% below Wisconsin. With the typical household income in Janesville ($73,446 a year), a typical home costs 3.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Janesville3.0 years
Rock3.1 years
Wisconsin3.4 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Rock County
According to FHFA’s house price index, home prices in Rock County rose 116% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Rock County.
Yearly change in FHFA’s price index in Rock County, 2016 to 2025
2016: +5.7% +5.7% 2016
2017: +6.9% +6.9% 2017
2018: +7.5% +7.5% 2018
2019: +6.2% +6.2% 2019
2020: +3.4% +3.4% 2020
2021: +12.3% +12.3% 2021
2022: +15.1% +15.1% 2022
2023: +9.8% +9.8% 2023
2024: +8.3% +8.3% 2024
2025: +5.1% +5.1% 2025
Change in FHFA’s price index in Rock County, Wisconsin and the United States
Period
County
Wisconsin
U.S.
Last year (2025)
+5.1%
+5.4%
+2.9%
5 years (2020–2025)
+61%
+57%
+47%
10 years (2015–2025)
+116%
+96%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Janesville next to Rock County, Wisconsin and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Janesville$223,400
Rock$231,600
Wisconsin$266,500
United States$332,700
Typical monthly rent
Janesville$1,054
Rock$1,037
Wisconsin$1,087
United States$1,413
Typical yearly household income
Janesville$73,446
Rock$75,673
Wisconsin$77,485
United States$80,734
See the full table
Janesville next to Rock County and Wisconsin
Measure
Janesville
Rock County
Wisconsin
U.S.
Typical home value
$223,400 ▼4% below the county
$231,600
$266,500
$332,700
Typical monthly rent
$1,054
$1,037
$1,087
$1,413
Typical yearly household income
$73,446 ▼3% below the county
$75,673
$77,485
$80,734
Households that own their home
67% ▼4 points below the county
71%
68%
65%
Typical yearly property tax
$3,736
$3,703
$3,792
$3,119
Effective property tax rate
1.67% ▲0.07 points above the county
1.6%
1.42%
0.94%
Renters with high rent for their income
42% ▼1 points below the county
43%
44%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Rock County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Janesville
For a typical $223,400 home in Janesville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Janesville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,989a month
Least cash to close
Down payment
$7,819
Cash to close
$14,521
Rate
7.18%
Mortgage insurance
FHA MIP · $99
Conventional, 5% down$1,948a month
Down payment
$11,170
Cash to close
$17,872
Rate
7.18%
Mortgage insurance
PMI · $106
Conventional, 20% down, no PMI$1,615a month
Down payment
$44,680
Cash to close
$51,382
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,821a month
Down payment
$33,510
Cash to close
$40,212
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Janesville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,989
$7,819
$219,354
7.18%
FHA MIP · $99
$14,521
580
Conventional, 5% down
$1,948
$11,170
$212,230
7.18%
PMI · $106
$17,872
620*
Conventional, 20% down, no PMI
$1,615
$44,680
$178,720
7.18%
None
$51,382
620*
ITIN, 15% down (example)
$1,821
$33,510
$189,890
8.18%
None
$40,212
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Janesville is $1,054 a month: about the same as the county. In Janesville, 42% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Rock County, by unit size. To pay the 2-bedroom one ($1,280 a month) without spending more than 30% of your income, you would need to earn $24.62 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Rock County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$976
$18.77
$39,040
1 bedroom
$998
$19.19
$39,920
2 bedrooms
$1,280
$24.62
$51,200
3 bedrooms
$1,621
$31.17
$64,840
4 bedrooms
$1,682
$32.35
$67,280
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Janesville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Janesville has 3 ZIP codes with their own.
For 2 bedrooms it runs from $1,270 in 53548 to $1,330 in 53545.
2 of the 3 are above the fair market rent for Rock County ($1,280).
2-bedroom fair market rent in each of the 3 ZIP codes of Janesville, beside the one for Rock County. For 2 bedrooms it runs from $1,270 in 53548 to $1,330 in 53545. 2 of the 3 are above the fair market rent for Rock County ($1,280).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,280
Lowest: $1,270 (53548)Highest: $1,330 (53545)
Fair market rent by ZIP code and size in Janesville, fiscal year 2027.
53545
$1,010
$1,040
$1,330
$1,680
$1,750
53546
$990
$1,010
$1,300
$1,650
$1,710
53548
$970
$990
$1,270
$1,610
$1,670
ZIP code2 bd3 bd
53545 $1,330$1,680
53546 $1,300$1,650
53548 $1,270$1,610
3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Janesville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 16 buildings with rents for lower incomes in Janesville. These are the largest.
Janesville Gardens208 N Main St, Janesville 53545165 low-income homes · 1 bd: 140 · 2 bd: 16 · 3 bd: 8 · In service since 2015 · For older adults(608) 755-1755
Riverview Heights930 N Washington St, Janesville 53548123 homes, 122 low-income · For older adults(608) 752-5999
Crown Ridge Apts Homes1811 Green Forest Run, Janesville 5354652 low-income homes · 1 bd: 8 · 2 bd: 28 · 3 bd: 16 · In service since 1995
Burbank Plaza1112 W Burbank Ave, Janesville 5354649 low-income homes · For older adults(608) 754-4040
Hamilton Terrace1326 Hamilton Ave, Janesville 5354846 low-income homes · For families(414) 362-7240
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Rock County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Janesville or Rock County. The ones below are statewide in Wisconsin: they work in Janesville the same as in the rest of the state.
Wisconsin state agency second mortgage for the down payment: up to 6% of the price, over 10 years with a monthly payment and the same rate as the WHEDA first mortgage.Offered by Wisconsin Housing and Economic Development Authority (WHEDA).
$7,500 loan from the Wisconsin state agency for the down payment and closing costs, over 30 years, at 0% and with no monthly payments, alongside a WHEDA mortgage; limited funds, first come, first served.Offered by Wisconsin Housing and Economic Development Authority (WHEDA).
No legal help resource on our list is for Janesville or Rock County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Janesville and all of Rock County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Janesville?
The typical home value in Janesville is $223,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Rock County it is $231,600.
How much does it cost to rent in Janesville?
Typical rent in Janesville is $1,054 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Rock County is $1,280.
What is the FHA loan limit in Janesville?
Janesville uses the FHA limit for all of Rock County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Janesville?
The typical homeowner in Janesville pays $3,736 a year, according to the U.S. Census Bureau. That is 1.67% of the home’s value; in Rock County, the rate is 1.6%.
Where can I find free help to buy or rent in Janesville?
There is 1 HUD-approved counseling agency with an office in Rock County. They can help you get ready to buy, with your credit, or with rent.
