Monmouth, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Monmouth short-term rental market based on reliable data.
Listings
25 / 42
Reliable / Active
Cap Rate
19%
Middle-Earners Gross Yield
Revenue
$19,587
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$103,680
Median Home Sale Price
Top Earners
$30,260
Top-Earners Revenue
Monmouth
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Monmouth.
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Generally Investor friendly
Monmouth Regulations
STRs appear permitted by default (no city/county STR ordinance), with no local caps or costly licensing—only standard Illinois state registrations (sales/use and transient-occupancy taxes) and general safety/tax compliance. The main constraints are the lack of explicit permissive wording and the need to verify any local business licensing, zoning, or lodging taxes with Monmouth/Warren County, creating moderate compliance diligence.
Local STR Agent
STR specialist · Monmouth, IL
About Monmouth
Monmouth is a city in and the county seat of Warren County, Illinois, United States. The population was 8,902 at the 2020 census, down from 9,444 in 2010. It is the home of Monmouth College and contains Monmouth Park, Harmon Park, North Park, Warfield Park, West Park, South Park, Garwood Park, Buster White Park and the Citizens Lake & Campground. It is the host of the Prime Beef festival, held annually the week after Labor Day. The festival is kicked off with one of the largest parades in Western Illinois. Monmouth is also known regionally as the "Maple City". It is part of the Galesburg Micropolitan Statistical Area.