Real Estate Investing in Clay City, Illinois

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

1 ZIP codes • Population: 1,595 • Clay County

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

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

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 (57/100)

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: 12.8% of homes vacant — above national norms.

What’s happening in Clay City, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $101,529
Avg Monthly Rent $828
ZIP Codes 1

Investing in Clay City Real Estate

Clay City (Illinois) spans 1 ZIPs and roughly a sizable population. unambiguously the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Investors considering Clay City, IL should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

The $828/mo / $102K relationship in Clay City looks thin once vacancy and capex are incorporated into underwriting. trends toward the realized yield tends to disappoint.

The 0% renter share in Clay City masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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

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Avg Home Value
$101,529
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Clay City, IL

Screen every ZIP in Clay City

Filter Clay City’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 Clay City, IL

How tight is the rental market in Clay City, IL?

Clay City, IL sees elevated vacancy, which is reasonable relative to the broader IL rental market.

Is Clay City in IL worth investing in?

Clay City, IL scores 3.0/5 for investability. Home values sit at $102K and rents near $828/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Are homes affordable in Clay City, IL?

Typical homes in Clay City, IL go for around $102K. The 5-year CAGR of 0.0% reliable price movement.

Is Clay City, IL good for landlords?

Clay City, IL operates under IL law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

How strong is the working-renter base in Clay City, IL?

Clay City, IL offers a steady renter base at the $828/mo rent level. Tenant turnover is reasonable for well-managed properties.

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