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

Plainfield, IL has a median modeled monthly cash flow of $-1,069 and a median cap rate of 3.9%, on a median sold price of $432,407. Prices changed +3.0% year over year.

What is the average cap rate in Plainfield, IL?

The median cap rate across recently sold homes in Plainfield, IL is 3.9%, 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 $432,407 (about $209 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.

$432,407Median sold price

$209Median $/sqft

3.9%Median cap rate

$-1,069Modeled cash flow / mo

+3.0%Appreciation YoY

9.8Months of supply

977Active listings

1,196Sold (last 12 mo)

What the Plainfield numbers say

In Plainfield, IL, the median home sold for $432,407 (about $209 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-1,069 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 9.8 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.

🔨 See 8 fix-and-flip deals in Plainfield — listings where the estimated after-repair value beats list price + rehab.

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.