Real Estate Investing in Vermilion County, Illinois

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

18 ZIP codes • Population: 71,868

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

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

πŸ“ˆ For Investors
MIXED
3.3 / 5 (57/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.4% of homes vacant β€” above national norms.

What’s happening in Vermilion County, IL?

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3.3/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $135,458
Avg Monthly Rent $900
ZIP Codes 18

Investing in Vermilion County Real Estate

Vermilion County spans 18 ZIP codes across 14 cities in Illinois, with a population of 71,868. The county's sluggish investment metrics reflect deeper structural challenges β€” worth studying before making commitments.

The investment case for Vermilion County is difficult to make on screen data alone. a challenging fit for a 3.3 rating and cap rates that appear attractive only until real vacancy is underwritten.

The 0% renter share in Vermilion 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

Real numbers from people who own or manage rentals in Vermilion County, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$135,458
Avg Monthly Rent
$900
1% Rule
βœ— Below
Landlord Friendly (IL)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Danville, IL metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
49%
Days Pending
0/2
0 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Vermilion County

2 Colleges 2,230 Students 844 Off-Campus Renters
C
Danville Area Community College
2-Year Public Β· 2,149 students
πŸ“ ~844 students rent off-campus
C
Lakeview College of Nursing
4-Year Private Β· 81 students

Investor Insight: With 844 students living off-campus, Vermilion County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Vermilion County

ZIP Codes in Vermilion County, IL

61832 β˜… β˜… β˜… β˜… β˜…
Danville
Population 32,302
Avg Home $68,813
Avg Rent $871/mo
61834 β˜… β˜… β˜… β˜… β˜…
Danville
Population 8,297
Avg Home $194,415
Avg Rent $990/mo
60942 β˜… β˜… β˜… β˜… β˜…
Hoopeston
Population 5,635
Avg Home $88,928
Avg Rent $909/mo
61846 β˜… β˜… β˜… β˜… β˜…
Georgetown
Population 4,484
Avg Home $107,613
Avg Rent $828/mo
61883 β˜… β˜… β˜… β˜… β˜…
Westville
Population 4,424
Avg Home $108,430
Avg Rent $828/mo
61858 β˜… β˜… β˜… β˜… β˜…
Oakwood
Population 2,716
Avg Home $175,941
Avg Rent $855/mo
61817 β˜… β˜… β˜… β˜… β˜…
Danville
Population 2,447
Avg Home $173,848
Avg Rent $963/mo
61833 β˜… β˜… β˜… β˜… β˜…
Danville
Population 1,730
Avg Home $87,381
Avg Rent $846/mo
60963 β˜… β˜… β˜… β˜… β˜…
Rossville
Population 1,456
Avg Home $118,029
Avg Rent $963/mo
61814 β˜… β˜… β˜… β˜… β˜…
Bismarck
Population 1,207
Avg Home $180,040
Avg Rent $954/mo
61865 β˜… β˜… β˜… β˜… β˜…
Potomac
Population 1,161
Avg Home $145,636
Avg Rent $828/mo
61870 β˜… β˜… β˜… β˜… β˜…
Ridge Farm
Population 1,153
Avg Home $104,711
Avg Rent $828/mo
61841 β˜… β˜… β˜… β˜… β˜…
Fairmount
Population 1,122
Avg Home $168,301
Avg Rent $828/mo
61844 β˜… β˜… β˜… β˜… β˜…
Fithian
Population 927
Avg Home $186,102
Avg Rent $1,125/mo
60960 β˜… β˜… β˜… β˜… β˜…
Rankin
Population 890
Avg Home $112,828
Avg Rent $882/mo
61876 β˜… β˜… β˜… β˜… β˜…
Sidell
Population 823
Avg Home $117,810
Avg Rent $909/mo
61811 β˜… β˜… β˜… β˜… β˜…
Alvin
Population 619
Avg Home $172,220
Avg Rent $927/mo
61850 β˜… β˜… β˜… β˜… β˜…
Sidell
Population 475
Avg Home $127,190
Avg Rent $873/mo

Screen every market in Vermilion 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 Vermilion County

How do home values compare in, IL?

Expect median prices around $135K in, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.

What is the best play in, IL?

Most investors in, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.3/5 investability profile and the market fundamentals.

What is the typical rental rate in, IL?

Rental rates in, IL average $900/mo. Tenant demand and $135K home values make the yield look reasonable by investor standards.

Are eviction rules reasonable in, IL?

IL ranks as a tenant-protective state for landlord-tenant law. generally follows the statewide framework, so landlords face reasonable operating rules.

Community Ratings

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