Is Monroe County, IL good for real estate investing?

Monroe County has an investment score of 76/100, rated as "Strong Buy". The county ranks #30 nationally among 1000 counties analyzed.

What is the median home price in Monroe?

The median home price in Monroe County is $318,681. This ranks #628 in affordability among all US counties.

Can you cash flow on rental properties in Monroe?

Based on median values with 20% down at current rates, a typical rental in Monroe County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Monroe County

IllinoisPopulation: 34,905

/100

Strong Buy

#30 of 1,000 counties

#37 in Illinois (102 counties)

Market Snapshot

$318,681

Median Home Price

16% above national median

$19,071/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

76/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

92/100

Based on 7.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

83/100

Price-to-income ratio of 3.2x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Strong price appreciation (+7.0% YoY)
+Affordable relative to local incomes

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

34,905

Median Income

$100,685

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.2x

Moderately affordable

Compare to Nearby Counties

County					Verdict
Saint ClairIL	77	$173,515	$1,220	8.44%	Strong Buy	View
Rock IslandIL	77	$151,597	$1,035	8.19%	Strong Buy	View
CurrentMonroeIL	76	$318,681	Est. pending	—	Strong Buy
ChristianIL	76	$124,806	Est. pending	—	Strong Buy	View
JerseyIL	76	$191,204	Est. pending	—	Strong Buy	View
BooneIL	75	$271,118	Est. pending	—	Strong Buy	View

The Bottom Line

Strong BuyMonroe is a strong buy market with excellent fundamentals for buy-and-hold investors.

Monroe County in Illinois scores 76/100, ranking #30 of 1,000 US counties (top 3%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash