Real Estate Investing in Cahokia, Illinois (62206)
Should you buy in 62206 (Cahokia, 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: 26.9% of homes vacant — above national norms.
- Elevated poverty: 35.4% poverty rate — can affect rent collection.
- Lower household income: $33,067 median — tenant affordability is tighter.
What’s happening in Cahokia, IL (62206)?
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Market Analysis: 62206 Cahokia
ZIP 62206 offers what many appreciation markets cannot: an affordable basis at $53K and rent support of $1,375/mo for rehab-driven equity creation in Saint Clair County.
ZIP 62206 favors investors with a contractor on speed dial. Put differently, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $1,375/mo average.
In Saint Clair County, 62206 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.
The a viable market for angle on demographics here is renter willingness to pay a premium for renovated product. The 52% rental share provides scale for the strategy.
The impressive opportunity in 62206 is buying the worst house on the block, fixing it, and renting it at the top of the local band. That is the strategy, repeated.
Here's what matters if you're considering buying a home in Cahokia:
Property Strategy for 62206
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $51,024 | $1,190 | 16.8% | +7.6% | $25,512 |
| 3BR | $62,457 | $1,530 | 17.6% | +4.9% | $20,819 |
| 4BR | $77,126 | $1,770 | 16.5% | +3.5% | $19,282 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 62206 Compare?
| Metric | 62206 | Cahokia | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $53,196 | $53,196 | N/A | $279,761 |
| 5-Year CAGR | 2.5% | 2.5% | N/A | 6.6% |
| Avg Rent | $1,375 | $1,375 | N/A | - |
| Cap Rate | 20.2% | 20.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62206 (Cahokia, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $53,196 |
| Monthly Rent | $1,375 |
| Price-to-Rent | 3.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 31.0% |
| Cap Rate | 20.2% |
| 5-Year IRR | 22.7% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +3.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (20.2%) exceeds the current 30-yr mortgage rate (6.5%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 62206
Population: 13,155
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 62206
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bluffview Elem School
Dunbar Elem School
Dupo Jr High School
Dupo High School
Lalumier Elem School
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
Frequently Asked Questions
How much should I expect to pay for a home in Cahokia, IL?
Typical homes in Cahokia, IL go for around $53K. The 5-year CAGR of 0.0% consistent price movement.
Does house hacking make sense in Cahokia, IL?
House hacking works an attractive in Cahokia, IL. Rents of $1,375/mo against $53K acquisition make the strategy solid for owner-occupants.
What do landlords charge for rent in Cahokia, IL?
Expect rents around $1,375/mo per month in Cahokia, IL. With home values at $53K, the yield math works out to reasonable levels for rental investors.
How does Cahokia, IL stack up for property investment?
Yes - Cahokia, IL a 5.0/5 investability score. With $53K home prices against $1,375/mo monthly rent, the market delivers a reasonable entry point for new investors.
Does Cahokia, IL meet the 1% rule for rental property?
The median property in Cahokia, IL ($53K at $1,375/mo rent) a 2.59% rent-to-price figure. Pure 1% deals require disciplined offer pricing.
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