Is Belleville, IL a good place to invest in rental property?

Belleville, IL has a median modeled monthly cash flow of $-112 and a median cap rate of 5.6%, on a median sold price of $164,900. Prices changed -0.9% year over year.

What is the average cap rate in Belleville, IL?

The median cap rate across recently sold homes in Belleville, IL is 5.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Belleville, IL?

The median sold price in Belleville, IL is $164,900 (about $108 per square foot).

Investing in Belleville, IL Real Estate

A data-driven snapshot of the Belleville, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$164,900Median sold price

$108Median $/sqft

5.6%Median cap rate

$-112Modeled cash flow / mo

-0.9%Appreciation YoY

5.6Months of supply

437Active listings

933Sold (last 12 mo)

What the Belleville numbers say

In Belleville, IL, the median home sold for $164,900 (about $108 per square foot), and the typical deal models out to a 5.6% cap rate with a median $-112 of monthly cash flow. Sold prices moved -0.9% over the past year. Inventory sits at about 5.6 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Belleville cash-flowing listings

CashFlowRE ranks every for-sale home in Belleville, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Belleville deals, or browse the national market data.