Real Estate Investing in Montrose, Illinois

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1 ZIP codes • Population: 1,044 • Jasper County

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

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

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

📈 For Investors
MIXED
3.0 / 5 (47/100)

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

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Montrose, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.1% 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 $196,788
Avg Monthly Rent $828
ZIP Codes 1

Investing in Montrose Real Estate

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

The investment case for Montrose is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

The $828/mo / $197K relationship in Montrose looks subdued once vacancy and capex are incorporated into underwriting. leans the realized yield tends to disappoint.

Distressed-leaning demographics in Montrose — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Charleston-Mattoon, IL

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$196,788
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Montrose, IL

Screen every ZIP in Montrose

Filter Montrose’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 Montrose, IL

How does Montrose, IL rate as a rental market?

Montrose, IL rates 3.0/5 for investability. With median values at $197K and rents near $828/mo, the market offers reasonable fundamentals for rental investors.

What real estate strategy is ideal for Montrose, IL?

For Montrose, IL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Is the tenant base reliable in Montrose, IL?

Tenant demand in Montrose, IL is solid. The local workforce $828/mo rents across most rental classes.

Should investors worry about vacancy in Montrose, IL?

Vacancy in Montrose, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $828/mo.

Is Montrose, IL suited for a house hack?

The a challenging house-hack environment in Montrose, IL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

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