Real Estate Investing in Monmouth, Illinois

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

1 ZIP codes • Population: 10,640 • Warren County

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

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

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

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.5% vacancy may signal weakening demand.

What’s happening in Monmouth, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.6% 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 $115,475
Avg Monthly Rent $828
ZIP Codes 1

Investing in Monmouth Real Estate

With a sizable population across 1 ZIPs, Monmouth shows the kind of lackluster fundamentals that keep most out-of-state capital on the sidelines.

Monmouth is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. firmly out-of-state investors should be especially careful with the assumptions they carry in.

Rent trends and price trends in Monmouth are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Illinois.

Demographics in Monmouth show real pressure — median income of $N/AK is modest relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Burlington, IA-IL

Monmouth is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$115,475
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (IL)

🎓 Colleges & Universities in Monmouth

1 College 727 Students
C
Monmouth College
4-Year Private · 727 students

ZIP Codes in Monmouth, IL

Screen every ZIP in Monmouth

Filter Monmouth’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 Monmouth, IL

Is real estate in Monmouth, IL a good investment right now?

Investors tracking Monmouth, IL will find a 3.0/5 rating supported by $115K median home values and $828/mo rents. That profile suits long-term holders targeting even-keeled returns.

Are there empty rentals in Monmouth, IL?

Vacancy risk in Monmouth, IL is elevated. That supports measured cash flow for typical rental holds.

What investment strategy works best in Monmouth, IL?

Investors usually favor careful cash-flow rentals with hands-on management in Monmouth, IL. With home values at $115K and rents near $828/mo, other strategies can work but produce stable rather than outsized returns.

Can I live-in-and-rent in Monmouth, IL?

Monmouth, IL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $115K price point reasonable to enter.

Is Monmouth, IL a friendly market for rental owners?

Rental owners in Monmouth, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

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