Real Estate Investing in Madison County, Illinois

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

24 ZIP codes • Population: 264,119

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

πŸ“ˆ For 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.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.1% vacancy may signal weakening demand.

What’s happening in Madison County, IL?

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3.2/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $220,381
Avg Monthly Rent $1,090
ZIP Codes 24

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˜…β˜†β˜† 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.
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Landlord Ground Truth

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Avg Home Value
$220,381
Avg Monthly Rent
$1,090
1% Rule
βœ— Below
Landlord Friendly (IL)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Madison County

3 Colleges 16,304 Students 2,909 Off-Campus Renters
C+
Southern Illinois University-Edwardsville
4-Year Public Β· 12,045 students
πŸ“ ~2,192 students rent off-campus
C+
Lewis and Clark Community College
2-Year Public Β· 4,196 students
πŸ“ ~717 students rent off-campus
C
CALC Institute of Technology
Vocational For-Profit Β· 63 students

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.

Cities in Madison County

ZIP Codes in Madison County, IL

62040 β˜… β˜… β˜… β˜… β˜…
Granite City
Population 40,365
Avg Home $123,332
Avg Rent $1,141/mo
62025 β˜… β˜… β˜… β˜… β˜…
Edwardsville
Population 36,156
Avg Home $335,640
Avg Rent $1,505/mo
62234 β˜… β˜… β˜… β˜… β˜…
Collinsville
Population 31,832
Avg Home $198,833
Avg Rent $1,203/mo
62002 β˜… β˜… β˜… β˜… β˜…
Alton
Population 30,036
Avg Home $120,090
Avg Rent $981/mo
62249 β˜… β˜… β˜… β˜… β˜…
Highland
Population 16,550
Avg Home $276,818
Avg Rent $1,200/mo
62035 β˜… β˜… β˜… β˜… β˜…
Godfrey
Population 15,915
Avg Home $221,426
Avg Rent $1,152/mo
62294 β˜… β˜… β˜… β˜… β˜…
Troy
Population 15,246
Avg Home $334,671
Avg Rent $1,317/mo
62034 β˜… β˜… β˜… β˜… β˜…
Glen Carbon
Population 14,519
Avg Home $338,586
Avg Rent $1,720/mo
62010 β˜… β˜… β˜… β˜… β˜…
Bethalto
Population 11,154
Avg Home $207,573
Avg Rent $1,097/mo
62095 β˜… β˜… β˜… β˜… β˜…
Wood River
Population 10,780
Avg Home $134,291
Avg Rent $1,081/mo
62024 β˜… β˜… β˜… β˜… β˜…
East Alton
Population 9,465
Avg Home $135,193
Avg Rent $891/mo
62062 β˜… β˜… β˜… β˜… β˜…
Maryville
Population 8,521
Avg Home $334,503
Avg Rent $981/mo
62060 β˜… β˜… β˜… β˜… β˜…
Madison
Population 3,619
Avg Home $52,863
Avg Rent $972/mo
62281 β˜… β˜… β˜… β˜… β˜…
Saint Jacob
Population 3,018
Avg Home $365,457
Avg Rent $1,386/mo
62018 β˜… β˜… β˜… β˜… β˜…
Cottage Hills
Population 3,006
Avg Home $110,650
Avg Rent $926/mo
62097 β˜… β˜… β˜… β˜… β˜…
Worden
Population 2,627
Avg Home $316,453
Avg Rent $999/mo
62067 β˜… β˜… β˜… β˜… β˜…
Moro
Population 1,960
Avg Home $232,448
Avg Rent $1,044/mo
62001 β˜… β˜… β˜… β˜… β˜…
Alhambra
Population 1,814
Avg Home $292,615
Avg Rent $891/mo
62084 β˜… β˜… β˜… β˜… β˜…
Roxana
Population 1,660
Avg Home $108,017
Avg Rent $954/mo
62061 β˜… β˜… β˜… β˜… β˜…
Marine
Population 1,528
Avg Home $271,600
Avg Rent $945/mo
62048 β˜… β˜… β˜… β˜… β˜…
Hartford
Population 1,456
Avg Home $84,705
Avg Rent $963/mo
62021 β˜… β˜… β˜… β˜… β˜…
Dorsey
Population 1,127
Avg Home $299,919
Avg Rent $945/mo
62046 β˜… β˜… β˜… β˜… β˜…
Hamel
Population 974
Avg Home $285,158
Avg Rent $981/mo
62058 β˜… β˜… β˜… β˜… β˜…
Livingston
Population 791
Avg Home $108,292
Avg Rent $891/mo

Screen every market in Madison 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 Madison County

How much rent can I charge in, IL?

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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