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

Champaign, IL has a median modeled monthly cash flow of $-602 and a median cap rate of 3.8%, on a median sold price of $246,000. Prices changed +1.3% year over year.

What is the average cap rate in Champaign, IL?

The median cap rate across recently sold homes in Champaign, IL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Champaign, IL?

The median sold price in Champaign, IL is $246,000 (about $155 per square foot).

Investing in Champaign, IL Real Estate

A data-driven snapshot of the Champaign, 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.

$246,000Median sold price

$155Median $/sqft

3.8%Median cap rate

$-602Modeled cash flow / mo

+1.3%Appreciation YoY

5.2Months of supply

418Active listings

956Sold (last 12 mo)

What the Champaign numbers say

In Champaign, IL, the median home sold for $246,000 (about $155 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-602 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 5.2 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 Champaign cash-flowing listings

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