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

Palos Heights, IL has a median modeled monthly cash flow of $-803 and a median cap rate of 3.8%, on a median sold price of $375,000. Prices changed +0.5% year over year.

What is the average cap rate in Palos Heights, IL?

The median cap rate across recently sold homes in Palos Heights, IL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palos Heights, IL?

The median sold price in Palos Heights, IL is $375,000 (about $195 per square foot).

Investing in Palos Heights, IL Real Estate

A data-driven snapshot of the Palos Heights, 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.

$375,000Median sold price

$195Median $/sqft

3.8%Median cap rate

$-803Modeled cash flow / mo

+0.5%Appreciation YoY

4.5Months of supply

70Active listings

187Sold (last 12 mo)

What the Palos Heights numbers say

In Palos Heights, IL, the median home sold for $375,000 (about $195 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-803 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 4.5 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 Palos Heights cash-flowing listings

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