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24 ZIP codes •
Population: 264,119
Should you buy in Madison County, IL?
Our answer, based on the numbers below.
π For Homebuyers
MIXED
Grade C (66/100)
Mixed signals β some positives, some negatives. Worth considering but not a slam-dunk.
πFor Investors
MIXED
3.2 / 5
(54/100)
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
β οΈRisks to Know
1 flag
Elevated vacancy:
8.1% vacancy may signal weakening demand.
What’s happening in Madison County, IL?
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Sources
Investability
County-wide average
Appreciation
5.7% 5yr CAGR
Landlord Climate
Regulatory friendliness
Avg Investabilityβ β β β β
Avg Home Value$220,381
Avg Monthly Rent$1,090
ZIP Codes24
Market Trends β Madison County
County Home Value History
County Rent History
Investing in Madison County Real Estate
Madison County (IL) covers 24 ZIPs and 24 municipalities. decisively the fundamentals here skew distressed, and both rent and price trends have been soft across most of the geography.
decisively Madison County's β β β ββ aggregate rating reflects sluggish investor metrics across the board β soft rent growth, soft appreciation, and structural headwinds worth taking seriously.
The 0% renter share in Madison masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Investor Insight: With 2,909 students living off-campus, Madison County has substantial rental demand from the college population β typically stable, lease-renewing tenants.
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+.
Average rent in, IL is approximately $1,090/mo per month. Against $220K home values that yields a reasonable rent-to-price ratio.
Which investment style suits, IL?
In, IL the solid play is typically careful cash-flow rentals with hands-on management. The combination of $220K prices and $1,090/mo rents suits that approach.
How tight is the rental market in, IL?
Vacancy in, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,090/mo.
Is, IL above average for IL?
Compared with IL overall, is broadly in line with on price and yield. $220K homes against $1,090/mo rents drive the comparison.
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