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

Lansing, IL has a median modeled monthly cash flow of $-89 and a median cap rate of 5.8%, on a median sold price of $210,000. Prices changed -2.4% year over year.

What is the average cap rate in Lansing, IL?

The median cap rate across recently sold homes in Lansing, IL is 5.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lansing, IL?

The median sold price in Lansing, IL is $210,000 (about $145 per square foot).

Investing in Lansing, IL Real Estate

A data-driven snapshot of the Lansing, 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.

$210,000Median sold price

$145Median $/sqft

5.8%Median cap rate

$-89Modeled cash flow / mo

-2.4%Appreciation YoY

7.8Months of supply

208Active listings

321Sold (last 12 mo)

What the Lansing numbers say

In Lansing, IL, the median home sold for $210,000 (about $145 per square foot), and the typical deal models out to a 5.8% cap rate with a median $-89 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 7.8 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 Lansing cash-flowing listings

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