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

Rantoul, IL has a median modeled monthly cash flow of $-235 and a median cap rate of 4.3%, on a median sold price of $143,000. Prices changed -2.7% year over year.

What is the average cap rate in Rantoul, IL?

The median cap rate across recently sold homes in Rantoul, IL is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rantoul, IL?

The median sold price in Rantoul, IL is $143,000 (about $106 per square foot).

Investing in Rantoul, IL Real Estate

A data-driven snapshot of the Rantoul, 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.

$143,000Median sold price

$106Median $/sqft

4.3%Median cap rate

$-235Modeled cash flow / mo

-2.7%Appreciation YoY

5.9Months of supply

53Active listings

107Sold (last 12 mo)

What the Rantoul numbers say

In Rantoul, IL, the median home sold for $143,000 (about $106 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-235 of monthly cash flow. Sold prices moved -2.7% over the past year. Inventory sits at about 5.9 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 Rantoul cash-flowing listings

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