Real Estate Investing in Parkersburg, Illinois

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

1 ZIP codes • Population: 292 • Richland County

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

🏠 For Homebuyers
CAUTION
Grade D (51/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (38/100)

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
2 flags
  • High vacancy: 14.8% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Parkersburg, IL?

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2.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

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 $127,506
Avg Monthly Rent $828
ZIP Codes 1

Investing in Parkersburg Real Estate

Across Parkersburg's 1 ZIPs, the picture is subdued: $128K median values, $828/mo rents, and a population that has faced real economic pressure.

The investment case for Parkersburg is difficult to make on screen data alone. a harder case for a 2.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

The $828/mo / $128K relationship in Parkersburg looks lackluster once vacancy and capex are incorporated into underwriting. tilts toward the realized yield tends to disappoint.

Demographics in Parkersburg show real pressure — median income of $N/AK is sluggish 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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Landlord Ground Truth

Real numbers from people who own or manage rentals in Parkersburg, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$127,506
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Parkersburg, IL

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Filter Parkersburg’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 Parkersburg, IL

How does Parkersburg, IL rate as a rental market?

Our data puts Parkersburg, IL at 2.0/5 for investability. Home prices of $128K and rents around $828/mo create a solid backdrop for investor activity.

What is the average monthly rent in Parkersburg, IL?

Investors in Parkersburg, IL typically see rents near $828/mo per month against $128K home values - a solid setup for rental cash flow.

Which investment style suits Parkersburg, IL?

In Parkersburg, IL the robust play is typically careful cash-flow rentals with hands-on management. The combination of $128K prices and $828/mo rents suits that approach.

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

Parkersburg, IL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $128K price point reasonable to enter.

Do landlords face vacancy issues in Parkersburg, IL?

Parkersburg, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

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