Monmouth, IL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

27 / 43

Reliable / Active

Cap Rate

18%

Middle-Earners Gross Yield

Revenue

$19,547

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$107,948

Median Home Sale Price

Top Earners

$31,390

Top-Earners Revenue

Monmouth

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Monmouth.

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B

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.

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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.

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