Illinois — Rental Investment Markets
All Illinois metros ranked by cap rate. Median cap rate: 4.8%, median home price: $259,215.
Median Cap Rate
4.8%
Median Home Price
$259,215
Median Rent
$1,500/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | East Saint Louis, IL | 35.7% | +$916/mo | $37,755 | $1,400/mo | 🟢 STRONG |
| 2 | Kewanee, IL | 12.2% | +$386/mo | $80,273 | $1,130/mo | 🟢 STRONG |
| 3 | Thebes, IL | 10.9% | +$314/mo | $106,090 | $1,255/mo | 🟢 STRONG |
| 4 | Decatur, IL | 10.8% | +$370/mo | $99,674 | $1,320/mo | 🟢 STRONG |
| 5 | Alton, IL | 10.2% | +$380/mo | $120,023 | $1,450/mo | 🟢 STRONG |
| 6 | De Soto, IL | 9.9% | +$342/mo | $117,214 | $1,380/mo | 🟢 STRONG |
| 7 | Rankin, IL | 9.7% | +$288/mo | $104,517 | $1,210/mo | 🟢 STRONG |
| 8 | Danville, IL | 9.3% | +$198/mo | $125,741 | $1,240/mo | 🟢 STRONG |
| 9 | Canton, IL | 8.8% | +$216/mo | $107,875 | $1,150/mo | 🟢 STRONG |
| 10 | Farmington, IL | 8.5% | +$213/mo | $121,675 | $1,260/mo | 🟢 STRONG |
| 11 | Keyesport, IL | 8.5% | +$198/mo | $112,957 | $1,170/mo | 🟢 STRONG |
| 12 | Weldon, IL | 8.3% | +$224/mo | $140,698 | $1,430/mo | 🟢 STRONG |
| 13 | Galva, IL | 8.2% | +$172/mo | $111,995 | $1,130/mo | 🟢 STRONG |
| 14 | Sidell, IL | 7.8% | +$138/mo | $115,717 | $1,120/mo | 🟢 GOOD |
| 15 | Virden, IL | 7.8% | +$143/mo | $121,140 | $1,170/mo | 🟢 GOOD |
| 16 | Pekin, IL | 7.7% | +$122/mo | $126,631 | $1,190/mo | 🟢 GOOD |
| 17 | Macoupin County, IL | 7.5% | +$63/mo | $136,590 | $1,200/mo | 🟢 GOOD |
| 18 | Illiopolis, IL | 7.2% | +$92/mo | $137,203 | $1,240/mo | 🟢 GOOD |
| 19 | Lovington, IL | 6.7% | +$42/mo | $150,681 | $1,290/mo | 🟢 GOOD |
| 20 | Farmer City, IL | 6.6% | +$31/mo | $175,452 | $1,480/mo | 🟢 GOOD |
| 21 | Belleville, IL | 6.6% | +$17/mo | $168,399 | $1,405/mo | 🟢 GOOD |
| 22 | Cerro Gordo, IL | 6.6% | +$22/mo | $144,004 | $1,210/mo | 🟢 GOOD |
| 23 | Schaumburg, IL | 6.5% | +$36/mo | $343,162 | $2,780/mo | 🟢 GOOD |
| 24 | Dekalb, IL | 6.2% | -$43/mo | $274,770 | $2,205/mo | 🟢 GOOD |
| 25 | Grundy County, IL | 6.1% | -$52/mo | $231,667 | $1,840/mo | 🟢 GOOD |
| 26 | Fithian, IL | 6.1% | -$37/mo | $177,013 | $1,410/mo | 🟢 GOOD |
| 27 | Chicago, IL | 6.0% | -$107/mo | $324,721 | $2,215/mo | 🟢 GOOD |
| 28 | Waukegan, IL | 6.0% | -$72/mo | $246,761 | $1,940/mo | 🟢 GOOD |
| 29 | Oreana, IL | 6.0% | -$64/mo | $186,047 | $1,450/mo | 🟢 GOOD |
| 30 | Stanford, IL | 5.9% | -$68/mo | $175,609 | $1,360/mo | 🟡 MODERATE |
| 31 | St. Louis, IL | 5.9% | -$82/mo | $175,632 | $1,330/mo | 🟡 MODERATE |
| 32 | Plainfield, IL | 5.9% | -$170/mo | $392,323 | $3,230/mo | 🟡 MODERATE |
| 33 | Staunton, IL | 5.9% | -$65/mo | $170,308 | $1,320/mo | 🟡 MODERATE |
| 34 | Bond County, IL | 5.9% | -$82/mo | $189,140 | $1,330/mo | 🟡 MODERATE |
| 35 | Rockford, IL | 5.7% | -$101/mo | $186,560 | $1,350/mo | 🟡 MODERATE |
| 36 | Aurora, IL | 5.6% | -$292/mo | $352,355 | $3,020/mo | 🟡 MODERATE |
| 37 | Sheridan, IL | 5.6% | -$191/mo | $289,300 | $2,145/mo | 🟡 MODERATE |
| 38 | Kankakee, IL | 5.5% | -$173/mo | $214,740 | $1,460/mo | 🟡 MODERATE |
| 39 | Champaign, IL | 5.5% | -$148/mo | $203,286 | $1,500/mo | 🟡 MODERATE |
| 40 | Carterville, IL | 5.5% | -$145/mo | $199,154 | $1,460/mo | 🟡 MODERATE |
| 41 | Joliet, IL | 5.5% | -$199/mo | $272,850 | $2,000/mo | 🟡 MODERATE |
| 42 | Gibson City, IL | 5.4% | -$144/mo | $174,724 | $1,260/mo | 🟡 MODERATE |
| 43 | Minooka, IL | 5.4% | -$312/mo | $368,712 | $2,650/mo | 🟡 MODERATE |
| 44 | Minier, IL | 5.4% | -$145/mo | $174,884 | $1,260/mo | 🟡 MODERATE |
| 45 | Fox Lake, IL | 5.3% | -$278/mo | $280,958 | $1,970/mo | 🟡 MODERATE |
| 46 | Bolingbrook, IL | 5.3% | -$407/mo | $411,537 | $2,885/mo | 🟡 MODERATE |
| 47 | Hampshire, IL | 5.2% | -$378/mo | $394,316 | $2,780/mo | 🟡 MODERATE |
| 48 | Reddick, IL | 5.2% | -$241/mo | $251,104 | $1,770/mo | 🟡 MODERATE |
| 49 | Peoria, IL | 5.2% | -$189/mo | $165,361 | $1,345/mo | 🟡 MODERATE |
| 50 | Hoffman Estates, IL | 5.1% | -$483/mo | $421,615 | $2,875/mo | 🟡 MODERATE |
| 51 | Petersburg, IL | 5.1% | -$228/mo | $186,565 | $1,255/mo | 🟡 MODERATE |
| 52 | Lee, IL | 5.1% | -$284/mo | $264,179 | $1,825/mo | 🟡 MODERATE |
| 53 | Greenville, IL | 5.1% | -$189/mo | $170,366 | $1,170/mo | 🟡 MODERATE |
| 54 | Ogden, IL | 5.0% | -$260/mo | $218,666 | $1,480/mo | 🟡 MODERATE |
| 55 | Braidwood, IL | 5.0% | -$336/mo | $281,033 | $1,900/mo | 🟡 MODERATE |
| 56 | Elgin, IL | 4.9% | -$389/mo | $308,388 | $2,060/mo | 🟡 MODERATE |
| 57 | Sandwich, IL | 4.9% | -$393/mo | $323,562 | $2,180/mo | 🟡 MODERATE |
| 58 | Channahon, IL | 4.9% | -$465/mo | $381,667 | $2,570/mo | 🟡 MODERATE |
| 59 | Plano, IL | 4.8% | -$415/mo | $307,368 | $2,020/mo | 🟡 MODERATE |
| 60 | Hinckley, IL | 4.8% | -$447/mo | $334,016 | $2,200/mo | 🟡 MODERATE |
| 61 | Harvard, IL | 4.8% | -$361/mo | $273,873 | $1,810/mo | 🟡 MODERATE |
| 62 | Coal City, IL | 4.8% | -$382/mo | $289,163 | $1,910/mo | 🟡 MODERATE |
| 63 | Maple Park, IL | 4.8% | -$549/mo | $408,732 | $2,690/mo | 🟡 MODERATE |
| 64 | Cisco, IL | 4.8% | -$248/mo | $184,094 | $1,210/mo | 🟡 MODERATE |
| 65 | Homer, IL | 4.8% | -$245/mo | $184,735 | $1,220/mo | 🟡 MODERATE |
| 66 | Palatine, IL | 4.7% | -$616/mo | $388,344 | $2,440/mo | 🟡 MODERATE |
| 67 | Urbana, IL | 4.7% | -$288/mo | $205,273 | $1,335/mo | 🟡 MODERATE |
| 68 | Mansfield, IL | 4.6% | -$339/mo | $221,859 | $1,410/mo | 🟡 MODERATE |
| 69 | Campbell Hill, IL | 4.6% | -$260/mo | $176,725 | $1,135/mo | 🟡 MODERATE |
| 70 | Essex, IL | 4.5% | -$456/mo | $289,191 | $1,820/mo | 🟡 MODERATE |
| 71 | Carbondale, IL | 4.5% | -$301/mo | $193,849 | $1,225/mo | 🟡 MODERATE |
| 72 | Danvers, IL | 4.5% | -$377/mo | $244,470 | $1,550/mo | 🟡 MODERATE |
| 73 | Kirkland, IL | 4.5% | -$430/mo | $279,152 | $1,770/mo | 🟡 MODERATE |
| 74 | Gridley, IL | 4.4% | -$343/mo | $204,176 | $1,260/mo | 🟡 MODERATE |
| 75 | Tinley Park, IL | 4.4% | -$595/mo | $348,054 | $2,135/mo | 🟡 MODERATE |
| 76 | Crystal Lake, IL | 4.4% | -$690/mo | $425,474 | $2,655/mo | 🟡 MODERATE |
| 77 | Makanda, IL | 4.4% | -$324/mo | $196,508 | $1,220/mo | 🟡 MODERATE |
| 78 | Oswego, IL | 4.4% | -$696/mo | $375,791 | $2,240/mo | 🟡 MODERATE |
| 79 | Goreville, IL | 4.4% | -$323/mo | $196,447 | $1,220/mo | 🟡 MODERATE |
| 80 | Minonk, IL | 4.4% | -$327/mo | $201,826 | $1,260/mo | 🟡 MODERATE |
| 81 | Brighton, IL | 4.3% | -$382/mo | $217,228 | $1,320/mo | 🟡 MODERATE |
| 82 | Monroe Center, IL | 4.3% | -$442/mo | $254,251 | $1,550/mo | 🟡 MODERATE |
| 83 | Genoa, IL | 4.3% | -$544/mo | $306,981 | $1,860/mo | 🟡 MODERATE |
| 84 | Heyworth, IL | 4.3% | -$437/mo | $251,619 | $1,535/mo | 🟡 MODERATE |
| 85 | Bloomington, IL | 4.3% | -$532/mo | $296,177 | $1,770/mo | 🟡 MODERATE |
| 86 | Wilmington, IL | 4.2% | -$479/mo | $269,348 | $1,630/mo | 🟡 MODERATE |
| 87 | Sycamore, IL | 4.2% | -$575/mo | $316,551 | $1,900/mo | 🟡 MODERATE |
| 88 | Morris, IL | 4.2% | -$559/mo | $311,673 | $1,880/mo | 🟡 MODERATE |
| 89 | Springfield, IL | 4.2% | -$416/mo | $225,374 | $1,405/mo | 🟡 MODERATE |
| 90 | Des Plaines, IL | 4.1% | -$690/mo | $354,369 | $2,070/mo | 🟡 MODERATE |
| 91 | Glasford, IL | 4.0% | -$402/mo | $199,625 | $1,150/mo | 🟡 MODERATE |
| 92 | Newark, IL | 3.9% | -$789/mo | $384,739 | $2,200/mo | 🔴 WEAK |
| 93 | Orland Park, IL | 3.9% | -$882/mo | $420,525 | $2,380/mo | 🔴 WEAK |
| 94 | Beecher, IL | 3.8% | -$703/mo | $320,917 | $1,780/mo | 🔴 WEAK |
| 95 | Skokie, IL | 3.8% | -$887/mo | $412,131 | $2,305/mo | 🔴 WEAK |
| 96 | Evanston, IL | 3.7% | -$1,328/mo | $566,990 | $3,040/mo | 🔴 WEAK |
| 97 | Grant Park, IL | 3.7% | -$654/mo | $291,792 | $1,600/mo | 🔴 WEAK |
| 98 | Elburn, IL | 3.7% | -$1,047/mo | $469,274 | $2,580/mo | 🔴 WEAK |
| 99 | Ozark, IL | 3.6% | -$480/mo | $203,861 | $1,090/mo | 🔴 WEAK |
| 100 | Kingston, IL | 3.6% | -$769/mo | $333,139 | $1,800/mo | 🔴 WEAK |
| 101 | Arlington Heights, IL | 3.6% | -$1,074/mo | $464,142 | $2,505/mo | 🔴 WEAK |
| 102 | Creal Springs, IL | 3.6% | -$471/mo | $200,057 | $1,070/mo | 🔴 WEAK |
| 103 | Carlock, IL | 3.6% | -$683/mo | $293,548 | $1,580/mo | 🔴 WEAK |
| 104 | Fisher, IL | 3.6% | -$528/mo | $231,610 | $1,260/mo | 🔴 WEAK |
| 105 | Capron, IL | 3.6% | -$626/mo | $269,358 | $1,450/mo | 🔴 WEAK |
| 106 | Wheaton, IL | 3.5% | -$1,237/mo | $509,101 | $2,675/mo | 🔴 WEAK |
| 107 | Downers Grove, IL | 3.3% | -$1,283/mo | $500,735 | $2,550/mo | 🔴 WEAK |
| 108 | Oak Park, IL | 3.3% | -$1,161/mo | $452,167 | $2,300/mo | 🔴 WEAK |
| 109 | Highland, IL | 3.2% | -$712/mo | $269,929 | $1,350/mo | 🔴 WEAK |
| 110 | Big Rock, IL | 3.2% | -$1,078/mo | $413,111 | $2,080/mo | 🔴 WEAK |
| 111 | Mackinaw, IL | 3.2% | -$676/mo | $253,669 | $1,260/mo | 🔴 WEAK |
| 112 | Peotone, IL | 3.2% | -$901/mo | $336,963 | $1,670/mo | 🔴 WEAK |
| 113 | Garden Prairie, IL | 3.1% | -$899/mo | $324,368 | $1,570/mo | 🔴 WEAK |
| 114 | Manteno, IL | 3.0% | -$889/mo | $314,459 | $1,500/mo | 🔴 WEAK |
| 115 | Marengo, IL | 3.0% | -$1,000/mo | $352,829 | $1,680/mo | 🔴 WEAK |
| 116 | Naperville, IL | 2.8% | -$1,963/mo | $628,743 | $2,915/mo | 🔴 WEAK |
| 117 | Sugar Grove, IL | 2.7% | -$1,415/mo | $455,797 | $2,020/mo | 🔴 WEAK |
| 118 | Dorsey, IL | 2.5% | -$929/mo | $287,530 | $1,230/mo | 🔴 WEAK |
| 119 | Congerville, IL | 2.5% | -$959/mo | $295,558 | $1,260/mo | 🔴 WEAK |
| 120 | Hudson, IL | 2.4% | -$1,027/mo | $305,766 | $1,260/mo | 🔴 WEAK |
| 121 | Trivoli, IL | 2.3% | -$922/mo | $270,708 | $1,100/mo | 🔴 WEAK |
| 122 | Glenview, IL | 2.2% | -$2,477/mo | $710,682 | $2,820/mo | 🔴 WEAK |