Petersburg, IL

Key Performance Metrics

Market snapshot

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

Listings

9 / 20

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$25,545

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$202,729

Median Home Sale Price

Top Earners

$50,910

Top-Earners Revenue

Petersburg

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Petersburg.

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B

Generally Investor friendly

Petersburg Regulations

STRs appear permitted under general zoning/business licensing; no STR-specific caps, taxes or prohibitions, but investors must obtain business licenses, pass standard safety inspections, and comply with state HOOT, making permitting and compliance moderately complex yet predictable.

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About Petersburg

Petersburg is a city in and the county seat of Menard County, Illinois, United States, on the bluffs and part of the floodplain overlooking the Sangamon River. It is part of the Springfield, Illinois Metropolitan Statistical Area. The population was 2,258 at the 2020 census, nearly unchanged from 2010. Petersburg is located approximately 2 miles (3 km) north of New Salem, the original location where Abraham Lincoln first settled, as he started his career.