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

Columbia, IL has a median modeled monthly cash flow of $-1,643 and a median cap rate of 1.1%, on a median sold price of $330,000. Prices changed +5.3% year over year.

What is the average cap rate in Columbia, IL?

The median cap rate across recently sold homes in Columbia, IL is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Columbia, IL?

The median sold price in Columbia, IL is $330,000 (about $160 per square foot).

Investing in Columbia, IL Real Estate

A data-driven snapshot of the Columbia, 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.

$330,000Median sold price

$160Median $/sqft

1.1%Median cap rate

$-1,643Modeled cash flow / mo

+5.3%Appreciation YoY

7.3Months of supply

88Active listings

145Sold (last 12 mo)

What the Columbia numbers say

In Columbia, IL, the median home sold for $330,000 (about $160 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-1,643 of monthly cash flow. Sold prices moved +5.3% over the past year. Inventory sits at about 7.3 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 Columbia cash-flowing listings

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