Real Estate Investing in Philo, Illinois

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1 ZIP codes • Population: 1,714 • Champaign County

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

🏠 For Homebuyers
GOOD FIT
Grade B (79/100)

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 Philo, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.3% 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 $265,229
Avg Monthly Rent $1,062
ZIP Codes 1

Investing in Philo Real Estate

Philo, IL covers 1 ZIP codes and a population but the investment metrics here are tepid — this is not a market to enter casually.

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. Philo is in that category.

Market conditions in Philo are tepid. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

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

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 Champaign-Urbana, IL

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Champaign County

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Community Property Management offers quality and affordable apartments in Champaign-Urbana, including renovated units and various communities like 217 Neil and Hessel on the Park. summary from their website

Small multifamily
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Zindars Property Management offers property management services in Champaign & Urbana. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$265,229
Avg Monthly Rent
$1,062
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Philo, IL

Screen every ZIP in Philo

Filter Philo’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 Philo, IL

Is Philo, IL a good place for real estate investing?

Philo, IL clocks in at an investability rating of 3.0/5, with median home values near $265K and average rents around $1,062/mo. That combination puts it in the robust tier for investor interest.

What is the typical rental rate in Philo, IL?

Investors in Philo, IL typically see rents near $1,062/mo per month against $265K home values - a solid setup for rental cash flow.

Should investors worry about vacancy in Philo, IL?

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

How much should I expect to pay for a home in Philo, IL?

Expect median prices around $265K in Philo, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

Is Philo, IL better for rentals, flips, or BRRRR?

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

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