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

Farmer City, IL has a median modeled monthly cash flow of $-457 and a median cap rate of 3.3%, on a median sold price of $176,000. Prices changed -5.5% year over year.

What is the average cap rate in Farmer City, IL?

The median cap rate across recently sold homes in Farmer City, IL is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Farmer City, IL?

The median sold price in Farmer City, IL is $176,000 (about $103 per square foot).

Investing in Farmer City, IL Real Estate

A data-driven snapshot of the Farmer City, 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.

$176,000Median sold price

$103Median $/sqft

3.3%Median cap rate

$-457Modeled cash flow / mo

-5.5%Appreciation YoY

6.7Months of supply

20Active listings

36Sold (last 12 mo)

What the Farmer City numbers say

In Farmer City, IL, the median home sold for $176,000 (about $103 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-457 of monthly cash flow. Sold prices moved -5.5% over the past year. Inventory sits at about 6.7 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 Farmer City cash-flowing listings

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