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

Farmington, IL has a median modeled monthly cash flow of $20 and a median cap rate of 6.5%, on a median sold price of $137,000. Prices changed -4.5% year over year.

What is the average cap rate in Farmington, IL?

The median cap rate across recently sold homes in Farmington, IL is 6.5%, 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 $137,000 (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.

$137,000Median sold price

$84Median $/sqft

6.5%Median cap rate

$20Modeled cash flow / mo

-4.5%Appreciation YoY

9.7Months of supply

25Active listings

31Sold (last 12 mo)

What the Farmington numbers say

In Farmington, IL, the median home sold for $137,000 (about $84 per square foot), and the typical deal models out to a 6.5% cap rate with a median $20 of monthly cash flow. Sold prices moved -4.5% over the past year. Inventory sits at about 9.7 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 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.