Real Estate Investing in Perryville, Missouri
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Should you buy in Perryville, MO? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.1% of homes vacant — above national norms.
What’s happening in Perryville, MO?
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Market Trends — Perryville, MO
Home Value History
Investing in Perryville Real Estate
Perryville, MO covers 1 ZIP codes and a population but the investment metrics here are soft — this is not a market to enter casually.
Investors considering Perryville, MO should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.
Market conditions in Perryville are soft. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.
A an established population with $N/AK household income profile is what makes Perryville a challenging rental market — the tenant base is present, but the affordability math is tight.
Best ZIP codes in Cape Girardeau, MO-IL
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ZIP Codes in Perryville, MO
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View PlansFrequently Asked Questions About Perryville, MO
What is the average monthly rent in Perryville, MO?
Rent in Perryville, MO is around $855/mo. The resulting rent-to-value relationship with $234K pricing is reasonable for most investor models.
What kind of tenants rent in Perryville, MO?
Tenant quality in Perryville, MO ranks as solid. Landlords generally report steady occupancy at market rents of $855/mo.
What are home prices like in Perryville, MO?
The median home value in Perryville, MO is roughly $234K. That puts it reasonable relative to the MO statewide average.
Is Perryville, MO suited for a house hack?
For house hackers, Perryville, MO is a challenging. The $855/mo rent on a unit helps defray the mortgage on a $234K property.
How strict are landlord regulations in Perryville, MO?
Perryville, MO operates under MO law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
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