Real Estate Investing in Coles County, Illinois

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6 ZIP codes • Population: 46,250

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

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

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

πŸ“ˆ 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: 10.6% vacancy may signal weakening demand.

What’s happening in Coles County, IL?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $154,834
Avg Monthly Rent $908
ZIP Codes 6

Investing in Coles County Real Estate

Coles County is one of those Illinois regions where numbers warn before they reward. 6 cities, 46,250 residents, and a rating that reflects material risk.

Investors considering Coles, Illinois should understand what the β˜…β˜…β˜…β˜†β˜† rating represents β€” a region with material challenges, not a temporary rough patch.

Demographics in Coles show real pressure β€” $N/AK median income is subdued 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 Coles County, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$154,834
Avg Monthly Rent
$908
1% Rule
βœ— Below
Landlord Friendly (IL)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Coles County

2 Colleges 12,503 Students 2,054 Off-Campus Renters
C+
Eastern Illinois University
4-Year Public Β· 8,804 students
πŸ“ ~246 students rent off-campus
C+
Lake Land College
2-Year Public Β· 3,699 students
πŸ“ ~1,808 students rent off-campus

Investor Insight: With 2,054 students living off-campus, Coles County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Coles County

ZIP Codes in Coles County, IL

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Frequently Asked Questions About Coles County

Is, IL a smart market for rental property?

With a 3.0/5 investability score, IL ranks as a solid market for rental property investors. Median prices of $155K and rents of $908/mo drive the underlying numbers.

Which real estate strategy fits, IL?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in, IL. The numbers - $155K homes against $908/mo rents - support that play.

Is vacancy a concern in, IL?

Expect elevated vacancy in, IL. Rents at $908/mo are absorbed by the tenant base without meaningful lag.

Is, IL stronger than the typical IL market?

, IL comes in broadly in line with on the IL comparison. Specific drivers include $155K prices and $908/mo rents.

Community Ratings

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