Noble, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Noble short-term rental market based on reliable data.

Listings

74 / 163

Reliable / Active

Cap Rate

46%

Middle-Earners Gross Yield

Revenue

$62,853

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$138,110

Median Home Sale Price

Top Earners

$166,729

Top-Earners Revenue

Noble

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Noble.

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C

Challenging to Investors

Noble Regulations

STRs are effectively limited to owner-occupied bed and breakfasts with up to five rooms, which eliminates most non-owner-occupied rental models. Compliance requires zoning verification, building permits, inspections, and possibly special use permits, with additional state health/safety obligations. While permitted in multiple districts and not heavily capped, the operator-occupancy rule and multi-step permitting create meaningful constraints for investors.

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About Noble

Noble is a village in Richland County, Illinois, United States. The population was 677 at the 2010 census.

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