Real Estate Investing in Carrollton, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 3,650 • Greene County

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Should you buy in Carrollton, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 14.1% of homes vacant — above national norms.

What’s happening in Carrollton, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $151,527
Avg Monthly Rent $981
ZIP Codes 1

Investing in Carrollton Real Estate

Carrollton in Illinois is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Across Carrollton's 1 ZIPs, fundamentals run muted: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Transaction volume in Carrollton has thinned in a way that amplifies price discovery risk. Turning to rents, investors without local context should treat every number on the page with skepticism.

A an established population with $N/AK household income profile is what makes Carrollton a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Carrollton, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$151,527
Avg Monthly Rent
$981
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Carrollton, IL

Screen every ZIP in Carrollton

Filter Carrollton’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Carrollton, IL

Does a duplex house hack pencil in Carrollton, IL?

For house hackers, Carrollton, IL is a challenging. The $981/mo rent on a unit helps defray the mortgage on a $152K property.

How strict are landlord regulations in Carrollton, IL?

Carrollton, IL operates under IL law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.

What kind of vacancy should I budget for in Carrollton, IL?

Carrollton, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How much do tenants pay in Carrollton, IL?

Rent in Carrollton, IL is around $981/mo. The resulting rent-to-value relationship with $152K pricing is reasonable for most investor models.

How deep is the rental pool in Carrollton, IL?

The tenant pool in Carrollton, IL is solid, supported by local employment and population fundamentals. Rents of $981/mo are well-absorbed by the market.

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