Rental numbers for Madison County, IL
The typical home here runs -$691 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.3%.
- Gross yield
- 7.0%
- typical home, Zillow
- Median ZIP yield
- 7.3%
- 9 ZIPs with full data
- Cash flow
- -$691/mo
- at 7.78%, 25% down
- Typical price
- $199,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,163/mo
- Zillow ZORI, Aug 2026
ZIP codes in Madison County
26 with published figures
| 62060Madison | $51,000 | $1,080* | 25.3% | 15.7% | +$395 | n/a |
| 62048Hartford | $83,000 | $1,070* | 15.5% | 9.0% | +$171 | n/a |
| 62087South Roxana | $93,000 | $990* | 12.8% | 6.4% | -$3 | n/a |
| 62018Cottage Hills | $109,000 | $1,160* | 12.7% | 7.0% | +$47 | n/a |
| 62084Roxana | $110,000 | $1,060* | 11.5% | 6.0% | -$44 | n/a |
| 62058Livingston | $106,000 | $990* | 11.2% | 5.8% | -$57 | n/a |
| 62040Granite City | $124,000 | $1,123 | 10.9% | 5.3% | -$124 | -2.7% |
| 62002Alton | $119,000 | $1,025 | 10.3% | 4.6% | -$190 | +1.2% |
| 62095Wood River | $134,000 | $1,122 | 10.1% | 4.5% | -$220 | n/a |
| 62024East Alton | $135,000 | $938 | 8.3% | 3.2% | -$367 | n/a |
| 62234Collinsville | $198,000 | $1,204 | 7.3% | 2.8% | -$605 | +6.5% |
| 62035Godfrey | $220,000 | $1,280* | 7.0% | 2.4% | -$755 | n/a |
| 62010Bethalto | $207,000 | $1,083 | 6.3% | 1.7% | -$821 | n/a |
| 62067Moro | $231,000 | $1,160* | 6.0% | 1.8% | -$893 | n/a |
| 62025Edwardsville | $332,000 | $1,537 | 5.5% | 1.6% | -$1,356 | +6.1% |
| 62074Alhambra | $226,000 | $990* | 5.3% | 1.3% | -$977 | n/a |
| 62281Saint Jacob | $363,000 | $1,540* | 5.1% | 1.1% | -$1,635 | n/a |
| 62034Glen Carbon | $335,000 | $1,361 | 4.9% | 0.8% | -$1,595 | n/a |
| 62061Marine | $269,000 | $1,050* | 4.7% | 0.2% | -$1,394 | n/a |
| 62046Hamel | $285,000 | $1,090* | 4.6% | 0.5% | -$1,411 | n/a |
| 62249Highland | $276,000 | $990* | 4.3% | 0.2% | -$1,432 | n/a |
| 62097Worden | $311,000 | $1,110* | 4.3% | 0.2% | -$1,618 | n/a |
| 62294Troy | $332,000 | $1,180* | 4.3% | 0.2% | -$1,745 | n/a |
| 62021Dorsey | $298,000 | $1,050* | 4.2% | 0.5% | -$1,486 | n/a |
| 62062Maryville | $333,000 | $1,143 | 4.1% | 0.3% | -$1,725 | n/a |
| 62001Alhambra | $290,000 | $990* | 4.1% | 0.3% | -$1,504 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.6%
- Rent, 12 months
- +3.9%
- Rent minus price growth
- -1.6 pts
- Property tax
- 1.92%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $152,667 | $865 |
| Aug 2022 | $168,283 | $958 |
| Aug 2023 | $174,347 | $1,020 |
| Aug 2024 | $183,141 | $1,060 |
| Aug 2025 | $188,924 | $1,119 |
| Aug 2026 | $199,448 | $1,163 |
HUD Fair Market Rent
FY2027, St. Louis, MO-IL HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,064 | $1,104 | $1,349 | $1,731 | $1,997 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 4.8
- 528 units, last 12 months
- National percentile
- 47th
- among US counties
Tools
Test a listing in Madison County against today's rate.
Open the calculatorPart of the St. Louis, MO metro.
Questions
- Is Madison County good for rental property?
- The typical home here runs -$691 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Madison County?
- About 1.92% of value, from Census ACS median taxes paid over median home value. On a $199,000 home that is about $3,825 a year.
- What is Fair Market Rent in Madison County?
- HUD's FY2027 Fair Market Rent here is $1,104 for a 1-bedroom, $1,349 for a 2-bedroom and $1,731 for a 3-bedroom. Typical cash flow at today's rate is -$691 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.