Is Wabash County, IL good for real estate investing?

Wabash County has an investment score of 77/100, rated as "Strong Buy". The county ranks #30 nationally among 1000 counties analyzed.

What is the median home price in Wabash?

The median home price in Wabash County is $134,309. This ranks #110 in affordability among all US counties.

Can you cash flow on rental properties in Wabash?

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

Wabash County

IllinoisPopulation: 11,321

/100

Strong Buy

#30 of 1,000 counties

#28 in Illinois (102 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated July 28, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$134,309

Median Home Price

41% below national median

$8,115/mo

Est. Rent

Based on regional data

6.04%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

77/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

81/100

Based on 3.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

100/100

Based on price relative to estimated local incomes.

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

+Affordable relative to local incomes

Challenges

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

Economic Indicators

Population

11,321

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Skip if

−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
IroquoisIL	78	$149,561	Est. pending	—	Strong Buy	View
BureauIL	78	$143,471	Est. pending	—	Strong Buy	View
CurrentWabashIL	77	$134,309	Est. pending	—	Strong Buy
Saint ClairIL	77	$173,515	$1,220	8.44%	Strong Buy	View
McDonoughIL	76	$92,986	$937	12.09%	Strong Buy	View
ClintonIL	76	$212,337	Est. pending	—	Strong Buy	View

The Bottom Line

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

Wabash County in Illinois scores 77/100, ranking #30 of 1,000 US counties (top 4%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%