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

Charleston, IL has a median modeled monthly cash flow of $-288 and a median cap rate of 4.2%, on a median sold price of $170,000. Prices changed +7.2% year over year.

What is the average cap rate in Charleston, IL?

The median cap rate across recently sold homes in Charleston, IL is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Charleston, IL?

The median sold price in Charleston, IL is $170,000 (about $104 per square foot).

Investing in Charleston, IL Real Estate

A data-driven snapshot of the Charleston, 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.

$170,000Median sold price

$104Median $/sqft

4.2%Median cap rate

$-288Modeled cash flow / mo

+7.2%Appreciation YoY

7.1Months of supply

124Active listings

210Sold (last 12 mo)

What the Charleston numbers say

In Charleston, IL, the median home sold for $170,000 (about $104 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-288 of monthly cash flow. Sold prices moved +7.2% over the past year. Inventory sits at about 7.1 months of supply — a looser, buyer-friendly market. 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 Charleston cash-flowing listings

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