Real Estate Investing in Malta, Illinois (60150)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60150 (Malta, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Malta, IL (60150)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60150 Malta
On the rental side, ZIP 60150 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $284K median. It rewards specialists, not generalists.
The investment case in 60150 is significant only for operators who understand what they are buying. A $284K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 60150 and stronger Malta ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 60150 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Malta:
Market Trends
Home Value History (with trend line)
📊 How Does 60150 Compare?
| Metric | 60150 | Malta | Illinois |
|---|---|---|---|
| Home Value | $284,190 | $284,190 | $279,761 |
| 5-Year CAGR | 8.6% | 8.6% | 6.6% |
| Avg Rent | $1,233 | $1,233 | - |
| Cap Rate | 3.4% | 3.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60150 (Malta, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $284,190 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 12.0% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +8.9% ▲ |
| 5-Year CAGR | +8.6% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 60150
Population: 2,000
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 60150
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,081 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Malta, IL?
Malta, IL median home values land near $284K. That is reasonable territory for investors looking at $1,233/mo-per-month rentals.
Should investors worry about vacancy in Malta, IL?
Vacancy in Malta, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,233/mo.
How landlord-friendly is Malta, IL?
Landlord-friendliness in Malta, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Malta, IL good for house hacking?
The house hack math a challenging in Malta, IL. Owner-occupant buyers benefit from the $1,233/mo rents and $284K home values.
Is it easy to find good tenants in Malta, IL?
The renter base in Malta, IL is reasonable for the $1,233/mo price point. Screening well and pricing to market typically yields consistent tenants.
You know 60150 now. You don’t know where it ranks.
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How 60150 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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