16 Hours Ago
Location
507 Oak St, Rockford, IL 61104, USA
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Property Overview
507 Oak St has a strong overall rating, combining excellent price value, solid amenities, and a highly convenient location with a trustworthy property description. It stands out for walkability, nearby transit, parks, restaurants, and local entertainment options, with the nearest top-rated elementary school about 0.4 miles away.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
Great for
Social life
Eco living
Floor plans
| 3BR/2.5BA | 3 bed | 2.5 bath | $1,250 /mo | 1 unit available |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 2 |
|---|
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About 507 Oak St
507 Oak St cost $1,250 per month. Located at 507 Oak St, Rockford, IL 61104, USA, 507 Oak St has 3 bedroom units available. Based on the average rent price of 3 bedrooms in Rockford, renting an apartment at 507 Oak St is 11% cheaper per month.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 507 Oak St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 507 Oak St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
507 Oak St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 507 Oak St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
507 Oak St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 507 Oak St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
507 Oak St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
507 Oak St is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 507 Oak St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.4 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Rockford
3-bedroom apartments at 507 Oak St cost about 11% less than the average rent price for 3-bedroom apartments in Rockford.
Median rents as of Jun 13 2026.
Rockford
| Month | Median Rent |
|---|---|
| June 2024 | $900 |
| July 2024 | $893 |
| August 2024 | $757 |
| September 2024 | $750 |
| October 2024 | $750 |
| November 2024 | $710 |
| December 2024 | $695 |
| January 2025 | $717 |
| February 2025 | $741 |
| March 2025 | $794 |
| April 2025 | $772 |
| May 2025 | $802 |
| June 2025 | $893 |
| July 2025 | $1,212 |
| August 2025 | $889 |
| September 2025 | $910 |
| October 2025 | $1,097 |
| November 2025 | $1,168 |
| December 2025 | $1,184 |
| January 2026 | $963 |
| February 2026 | $914 |
| March 2026 | $962 |
| April 2026 | $1,085 |
| May 2026 | $879 |
| June 2026 | $850 |
Affordability calculator
Can I afford to live at 507 Oak St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 3-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Schools near 507 Oak St
Constance Lane Elementary School
620 gregory st
rockford, IL, 61104
K-5Public
C-
Beyer Early Childhood Center
333 15th ave
rockford, IL, 61104
PKPublic
Roosevelt Community Education Center
978 haskell ave
rockford, IL, 61103
PK, 9-12Public
C
Barbour Two-Way Lang Immersion
1506 clover ave
rockford, IL, 61102
K-8Public
C-
Fairview Early Childhood Center
512 fairview ave
rockford, IL, 61108
PKPublic
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Internet available near 507 Oak St
Getting around Rockford near 507 Oak St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 507 Oak St, Rockford
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
3/10
No high schools within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 507 Oak St
Midtown Market
310 7th St
La Chiquita
1108 S Main St
Jumping Joe
601 W State St
La Chiquita Food Market
1414 S Main St
Noble's Groceries
529 W Jefferson St
Novedades Azteca Inc
815 E State St
Bennie's Cleaners
126 N 1st St
State Street Apparel
928 E State St
Symbols Clothing
316 W State St
Carpenter's Corner Thrift-More
1149 Railroad Ave
Velvet Robot Coffee Lab
116 N Madison St
Mos Coffee & Cafe
303 Mulberry St
Tranquility Boutique & Cafe
1340 Charles St
Hearthrock Cafe
1100 11th St
Scooter's Coffee
3515 E State St
Irish Rose Saloon
519 E State St
Deli Italia
507 E State St
The Office Niteclub
513 E State St
Oasis Micro Pub
901 E State St
Rue Marche
620 Market St
Heritage Delights
Mead Longwood Meat Market
303 N Longwood St
Bella Luna Bakery
308 W State St
Three Twenty Store
320 N Court St
Pastigel Bakery
718 Broadway
Ingersol Centennial Park
Playground
Park
Davis Park
Nelson Park
Irish Rose Saloon
519 E State St
Abreo
515 E State St
Social Urban Bar & Restaurant
509 E State St
Vintage
501 E State St
Salvaged By Sonya
510 E State St
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