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

Farmington, IL has a median modeled monthly cash flow of $-177 and a median cap rate of 4.9%, on a median sold price of $131,000. Prices changed -1.2% year over year.

What is the average cap rate in Farmington, IL?

The median cap rate across recently sold homes in Farmington, IL is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Farmington, IL?

The median sold price in Farmington, IL is $131,000 (about $84 per square foot).

Investing in Farmington, IL Real Estate

A data-driven snapshot of the Farmington, 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.

$131,000Median sold price

$84Median $/sqft

4.9%Median cap rate

$-177Modeled cash flow / mo

-1.2%Appreciation YoY

4.8Months of supply

12Active listings

30Sold (last 12 mo)

What the Farmington numbers say

In Farmington, IL, the median home sold for $131,000 (about $84 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-177 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 4.8 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 Farmington cash-flowing listings

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