Real Estate Investing in Belleville, Illinois (62220)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62220 (Belleville, IL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.6% of homes vacant — above national norms.
What’s happening in Belleville, IL (62220)?
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Market Analysis: 62220 Belleville
Meanwhile, ZIP 62220 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $156K median. It rewards specialists, not generalists.
Rent of $1,024/mo on a $156K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 62220 sits below the stated 0.0% once reality is priced in.
The gap between 62220 and stronger Belleville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 62220 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 62220 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Belleville:
Property Strategy for 62220
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $118,976 | $1,080 | 6.5% | +10.4% | $59,488 |
| 3BR | $171,378 | $1,390 | 5.8% | +9.2% | $57,126 |
| 4BR | $263,175 | $1,610 | 4.4% | +8.2% | $65,794 |
| 5BR | $307,272 | — | — | +6.1% | $61,454 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 62220 Compare?
| Metric | 62220 | Belleville | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $155,547 | $175,124 | N/A | $279,761 |
| 5-Year CAGR | 4.9% | 4.7% | N/A | 6.6% |
| Avg Rent | $1,024 | $1,199 | N/A | - |
| Cap Rate | 5.1% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62220 (Belleville, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $155,547 |
| Monthly Rent | $1,024 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 Rent Trends
| 1-Year | -2.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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 62220
Population: 19,391
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 62220
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 3,210 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Belleville in IL worth investing in?
With a 3.0/5 investability score, Belleville, IL ranks as a solid market for rental property investors. Median prices of $156K and rents of $1,024/mo drive the underlying numbers.
How should investors approach Belleville, IL?
The best-fit strategy in Belleville, IL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Are rents high in Belleville, IL?
Investors in Belleville, IL typically see rents near $1,024/mo per month against $156K home values - a solid setup for rental cash flow.
How landlord-friendly is Belleville, IL?
For rental operators, Belleville, IL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Are homes affordable in Belleville, IL?
In Belleville, IL the median home value sits at $156K. Against the broader IL market, that reads as reasonable for most investors.
You know 62220 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62220 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 62220 ranks in St. Louis, MO-IL
Every ZIP in this metro, ranked. Free.
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