Real Estate Investing in Hudson, Illinois (61748)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61748 (Hudson, IL)? 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: 19.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 29.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hudson, IL (61748)?
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Market Analysis: 61748 Hudson
ZIP 61748 in Hudson, IL carries a solid set of headwinds. Home values near $315K and rents of $882/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 61748 can be a a viable market for hunting ground — but the discount at $315K reflects genuine risk that outside investors often underestimate.
In the broader IL picture, 61748 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 61748 ZIP's population of 2,612 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Distressed ZIPs reward experience. robust returns are possible in 61748, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hudson:
Market Trends
Home Value History (with trend line)
📊 How Does 61748 Compare?
| Metric | 61748 | Hudson | Bloomington, IL | Illinois |
|---|---|---|---|---|
| Home Value | $314,870 | $314,870 | N/A | $279,761 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 6.6% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61748 (Hudson, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $314,870 |
| Monthly Rent | $882 |
| Price-to-Rent | 29.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 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 (2.2%). 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 61748
Population: 2,612
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 61748
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 3,442 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in Hudson, IL?
Vacancy risk in Hudson, IL is elevated. That supports consistent cash flow for typical rental holds.
Does Hudson, IL favor landlords or tenants?
Rental owners in Hudson, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What investment strategy works best in Hudson, IL?
In Hudson, IL the solid play is typically careful cash-flow rentals with hands-on management. The combination of $315K prices and $882/mo rents suits that approach.
Does a duplex house hack pencil in Hudson, IL?
For house hackers, Hudson, IL is a challenging. The $882/mo rent on a unit helps defray the mortgage on a $315K property.
What do landlords charge for rent in Hudson, IL?
Rent in Hudson, IL is around $882/mo. The resulting rent-to-value relationship with $315K pricing is reasonable for most investor models.
You know 61748 now. You don’t know where it ranks.
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How 61748 ranks in Bloomington, IL
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