Real Estate Investing in Franklin County, Illinois

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

8 ZIP codes • Population: 33,500

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

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed β€” values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

πŸ“ˆ For Investors
GOOD
3.3 / 5 (71/100)

A cash-flow market β€” 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: 13.3% of homes vacant β€” above national norms.
  • Declining values: -0.2% 5-year CAGR β€” values have moved lower.

What’s happening in Franklin County, IL?

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3.3/ 5

Investability

County-wide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $113,608
Avg Monthly Rent $871
ZIP Codes 8

Investing in Franklin County Real Estate

Across Franklin County's 8 ZIPs, the picture is underwhelming β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

Franklin is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state capital should be especially careful with carry-in assumptions.

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

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Avg Home Value
$113,608
Avg Monthly Rent
$871
1% Rule
βœ— Below
Landlord Friendly (IL)
β˜…β˜…β˜…β˜…β˜…

Cities in Franklin County

ZIP Codes in Franklin County, IL

Screen every market in Franklin County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Franklin County

Which investment style suits, IL?

In, IL the notable play is typically careful cash-flow rentals with hands-on management. The combination of $114K prices and $871/mo rents suits that approach.

Where does, IL sit compared to IL statewide?

within IL reads broadly in line with the state benchmark. Investors comparing markets should weight local data above the statewide aggregate.

Is vacancy a concern in, IL?

Occupancy in, IL runs stable with elevated vacancy. Well-priced units at $871/mo lease on reasonable timelines.

Are homes affordable in, IL?

Expect median prices around $114K in, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

Community Ratings

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