Real Estate Investing in Louisville, Illinois

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

1 ZIP codes • Population: 3,385 • Clay County

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

🏠 For Homebuyers
GREAT FIT
Grade A (86/100)

Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.

📈 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
CLEAN

No major risk flags on the data we track.

What’s happening in Louisville, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.0% 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 $128,972
Avg Monthly Rent $981
ZIP Codes 1

Investing in Louisville Real Estate

Louisville (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.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Louisville is in that category.

Rents in Louisville at $981/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

The 0% renter share in Louisville 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
$128,972
Avg Monthly Rent
$981
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Louisville, IL

Screen every ZIP in Louisville

Filter Louisville’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 Louisville, IL

Are homes affordable in Louisville, IL?

Expect median prices around $129K in Louisville, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.

Are tenants stable in Louisville, IL?

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

What is the typical rental rate in Louisville, IL?

Rent in Louisville, IL is around $981/mo. The resulting rent-to-value relationship with $129K pricing is reasonable for most investor models.

How strong is Louisville, IL for real estate investors?

Our data puts Louisville, IL at 3.0/5 for investability. Home prices of $129K and rents around $981/mo create a solid backdrop for investor activity.

What is it like being a landlord in Louisville, IL?

Landlord-friendliness in Louisville, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

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