Real Estate Investing in Oakdale, Illinois (62268)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62268 (Oakdale, 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.
No major risk flags on the data we track.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oakdale, IL (62268)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62268 Oakdale
The 62268 ZIP covers a section of Oakdale that demands careful diligence. Prices near $200K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 62268 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within IL, ZIP 62268 trails on several market indicators that neighboring Washington County submarkets outperform. The gap is real and durable enough to shape underwriting.
Who lives in 62268 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. significant returns are possible in 62268, 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 Oakdale:
Market Trends
Home Value History (with trend line)
📊 How Does 62268 Compare?
| Metric | 62268 | Oakdale | Illinois |
|---|---|---|---|
| Home Value | $199,538 | $199,538 | $279,761 |
| 5-Year CAGR | 6.4% | 6.4% | 6.6% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 62268 (Oakdale, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $199,538 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +19.7% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | N/A |
🏠 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 62268
Population: 922
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 62268
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.
Frequently Asked Questions
What is the average monthly rent in Oakdale, IL?
Expect rents around $873/mo per month in Oakdale, IL. With home values at $200K, the yield math works out to reasonable levels for rental investors.
What is the renter demographic in Oakdale, IL?
Oakdale, IL offers a consistent renter base at the $873/mo rent level. Tenant turnover is reasonable for well-managed properties.
How landlord-friendly is Oakdale, IL?
The landlord environment in Oakdale, IL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Which real estate strategy fits Oakdale, IL?
The best-fit strategy in Oakdale, IL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is housing expensive in Oakdale, IL?
Oakdale, IL home values average about $200K. That price point suits investors targeting rentals with $873/mo in monthly income.
You know 62268 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62268 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.
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