Real Estate Investing in Centreville, Illinois

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1 ZIP codes • Population: 6,801 • Saint Clair County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
STRONG
4.0 / 5 (86/100)

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
4 flags
  • High vacancy: 18.6% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.1% CAGR).
  • Elevated poverty: 31.0% poverty rate — can affect rent collection.
  • Lower household income: $26,155 median — tenant affordability is tighter.

What’s happening in Centreville, IL?

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4.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

0.1% 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 $40,057
Avg Monthly Rent $891
ZIP Codes 1

Investing in Centreville Real Estate

With a sizable population and 1 ZIP codes, Centreville (IL) rewards investors willing to underwrite renovation scope rather than chase turn-key comps.

This Illinois market favors investors who see renovation scope as an asset, not a liability. Centreville has the inventory, the comps, and the demand — what it asks for is the work.

Velocity in Centreville is bifurcated. From an investor standpoint, clean, updated product moves fast at full price; tired product sits longer and trades at real discounts — the raw material for repositioning plays.

Centreville houses a sizable population with a median income of $N/AK, and that income profile is what enables the after-renovation rent premiums value-add investors target.

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Best ZIP codes in St. Louis, MO-IL

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Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Avg Home Value
$40,057
Avg Monthly Rent
$891
1% Rule
✓ Passes
Landlord Friendly (IL)

ZIP Codes in Centreville, IL

Screen every ZIP in Centreville

Filter Centreville’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 Centreville, IL

What do rentals go for in Centreville, IL?

Centreville, IL rentals go for roughly $891/mo a month. That puts gross yield in solid territory relative to $40K acquisition costs.

How close is Centreville, IL to meeting the 1% rule?

Hitting the 1% rule in Centreville, IL is realistic given the average rent-to-price. Most value-add properties push well above that line.

Is Centreville, IL a good place for real estate investing?

With a 4.0/5 investability score, Centreville, IL ranks as a solid market for rental property investors. Median prices of $40K and rents of $891/mo drive the underlying numbers.

What type of investing works in Centreville, IL?

Most investors in Centreville, IL run a value-add and BRRRR deals strategy. It aligns with the 4.0/5 investability profile and the market fundamentals.

Can you recycle capital via BRRRR in Centreville, IL?

BRRRR viability in Centreville, IL is a strong. Disciplined acquisition and rehab can hit the 75% LTV refinance target at market comps.

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