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

Granite City, IL has a median modeled monthly cash flow of $34 and a median cap rate of 6.6%, on a median sold price of $135,000. Prices changed +3.6% year over year.

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

The median cap rate across recently sold homes in Granite City, IL is 6.6%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Granite City, IL is $135,000 (about $102 per square foot).

Investing in Granite City, IL Real Estate

A data-driven snapshot of the Granite 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.

$135,000Median sold price

$102Median $/sqft

6.6%Median cap rate

$34Modeled cash flow / mo

+3.6%Appreciation YoY

7.6Months of supply

286Active listings

450Sold (last 12 mo)

What the Granite City numbers say

In Granite City, IL, the median home sold for $135,000 (about $102 per square foot), and the typical deal models out to a 6.6% cap rate with a median $34 of monthly cash flow. Sold prices moved +3.6% over the past year. Inventory sits at about 7.6 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 Granite City cash-flowing listings

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