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

Elmhurst, IL has a median modeled monthly cash flow of $-2,481 and a median cap rate of 2.4%, on a median sold price of $671,500. Prices changed +11.9% year over year.

What is the average cap rate in Elmhurst, IL?

The median cap rate across recently sold homes in Elmhurst, IL is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elmhurst, IL?

The median sold price in Elmhurst, IL is $671,500 (about $357 per square foot).

Investing in Elmhurst, IL Real Estate

A data-driven snapshot of the Elmhurst, 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.

$671,500Median sold price

$357Median $/sqft

2.4%Median cap rate

$-2,481Modeled cash flow / mo

+11.9%Appreciation YoY

5.8Months of supply

235Active listings

483Sold (last 12 mo)

What the Elmhurst numbers say

In Elmhurst, IL, the median home sold for $671,500 (about $357 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-2,481 of monthly cash flow. Sold prices moved +11.9% over the past year. Inventory sits at about 5.8 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 Elmhurst cash-flowing listings

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