Real Estate Investing in Strasburg, Illinois (62465)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62465 (Strasburg, IL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
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 Strasburg, IL (62465)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62465 Strasburg
ZIP 62465 inside Shelby County looks affordable on the surface — median value of $190K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $190K asset, 62465 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 62465 sits on the difficult end of the IL spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 62465 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 62465 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 Strasburg:
Property Strategy for 62465
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,358 | $1,130 | 6.9% | — | $58,679 |
| 3BR | $185,301 | $1,350 | 5.2% | — | $61,767 |
Market Trends
Home Value History (with trend line)
📊 How Does 62465 Compare?
| Metric | 62465 | Strasburg | Illinois |
|---|---|---|---|
| Home Value | $189,903 | $189,903 | $279,761 |
| 5-Year CAGR | N/A | N/A | 6.6% |
| Avg Rent | $1,017 | $1,017 | - |
| Cap Rate | 4.2% | 4.2% | - |
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 62465 (Strasburg, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 62465 (Strasburg, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $189,903 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 15.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 19.3% |
📈 Home Appreciation
| 1-Year | +15.2% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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 (4.2%). 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 62465
Population: 846
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 62465
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 1,808 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Strasburg, IL?
Investors in Strasburg, IL typically see rents near $1,017/mo per month against $190K home values - a solid setup for rental cash flow.
Is vacancy a concern in Strasburg, IL?
Expect elevated vacancy in Strasburg, IL. Rents at $1,017/mo are absorbed by the tenant base without meaningful lag.
Is Strasburg, IL a good place for real estate investing?
Yes - Strasburg, IL a 2.0/5 investability score. With $190K home prices against $1,017/mo monthly rent, the market delivers a reasonable entry point for new investors.
What investment strategy works best in Strasburg, IL?
Most investors in Strasburg, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
Are renters plentiful in Strasburg, IL?
Strasburg, IL draws a predictable base of working renters. Demand at the $1,017/mo rent level is reasonable for standard single-family and small multi rentals.
You know 62465 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62465 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.
AI Market Advisor
Ask questions about investing in 62465 (Strasburg)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 62465 (Strasburg, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.