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

Plainfield, IL has a median modeled monthly cash flow of $-1,196 and a median cap rate of 3.7%, on a median sold price of $490,000. Prices changed +4.5% year over year.

What is the average cap rate in Plainfield, IL?

The median cap rate across recently sold homes in Plainfield, IL is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Plainfield, IL?

The median sold price in Plainfield, IL is $490,000 (about $210 per square foot).

Investing in Plainfield, IL Real Estate

A data-driven snapshot of the Plainfield, 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.

$490,000Median sold price

$210Median $/sqft

3.7%Median cap rate

$-1,196Modeled cash flow / mo

+4.5%Appreciation YoY

9.1Months of supply

733Active listings

966Sold (last 12 mo)

What the Plainfield numbers say

In Plainfield, IL, the median home sold for $490,000 (about $210 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-1,196 of monthly cash flow. Sold prices moved +4.5% 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 Plainfield cash-flowing listings

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