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

Bloomington, IL has a median modeled monthly cash flow of $-154 and a median cap rate of 5.4%, on a median sold price of $201,000. Prices changed +4.7% year over year.

What is the average cap rate in Bloomington, IL?

The median cap rate across recently sold homes in Bloomington, IL is 5.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bloomington, IL?

The median sold price in Bloomington, IL is $201,000 (about $112 per square foot).

Investing in Bloomington, IL Real Estate

A data-driven snapshot of the Bloomington, 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.

$201,000Median sold price

$112Median $/sqft

5.4%Median cap rate

$-154Modeled cash flow / mo

+4.7%Appreciation YoY

5.7Months of supply

292Active listings

617Sold (last 12 mo)

What the Bloomington numbers say

In Bloomington, IL, the median home sold for $201,000 (about $112 per square foot), and the typical deal models out to a 5.4% cap rate with a median $-154 of monthly cash flow. Sold prices moved +4.7% over the past year. Inventory sits at about 5.7 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 Bloomington cash-flowing listings

CashFlowRE ranks every for-sale home in Bloomington, 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 Bloomington deals, or browse the national market data.