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

Marion, IL has a median modeled monthly cash flow of $-375 and a median cap rate of 4.1%, on a median sold price of $206,500. Prices changed +9.4% year over year.

What is the average cap rate in Marion, IL?

The median cap rate across recently sold homes in Marion, IL is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Marion, IL?

The median sold price in Marion, IL is $206,500 (about $128 per square foot).

Investing in Marion, IL Real Estate

A data-driven snapshot of the Marion, 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.

$206,500Median sold price

$128Median $/sqft

4.1%Median cap rate

$-375Modeled cash flow / mo

+9.4%Appreciation YoY

9.6Months of supply

263Active listings

329Sold (last 12 mo)

What the Marion numbers say

In Marion, IL, the median home sold for $206,500 (about $128 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-375 of monthly cash flow. Sold prices moved +9.4% over the past year. Inventory sits at about 9.6 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 Marion cash-flowing listings

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