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

Peoria Heights, IL has a median modeled monthly cash flow of $199 and a median cap rate of 8.1%, on a median sold price of $139,000. Prices changed +12.9% year over year.

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

The median cap rate across recently sold homes in Peoria Heights, IL is 8.1%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Peoria Heights, IL is $139,000 (about $132 per square foot).

Investing in Peoria Heights, IL Real Estate

#127 cash-flow market in the U.S.

A data-driven snapshot of the Peoria 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.

$139,000Median sold price

$132Median $/sqft

8.1%Median cap rate

$199Modeled cash flow / mo

+12.9%Appreciation YoY

9.1Months of supply

62Active listings

82Sold (last 12 mo)

What the Peoria Heights numbers say

In Peoria Heights, IL, the median home sold for $139,000 (about $132 per square foot), and the typical deal models out to a 8.1% cap rate with a median $199 of monthly cash flow. Sold prices moved +12.9% over the past year. Inventory sits at about 9.1 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 Peoria Heights cash-flowing listings

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