Champaign, IL Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Champaign, IL. Based on 10+ datapoints.
Champaign, IL Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
3.1%
Avg Cash on Cash
-11.7%
Median Cashflow
-$767/mo
Avg Rent Estimate
$2,762/mo
Avg Price
$358,409
Price Range
$200,200 - $670,500
Rent to Price
0.77%
okay ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Champaign, IL
Champaign, IL is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.1%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Champaign, IL STR investments show a median monthly cashflow of -$767 with an average estimated nightly-rate-adjusted revenue of $2,762/month. These figures reflect real property data, not projections.
5801 W Springfield Ave #C, Champaign, IL 61822
Price
$448,300
Rent
$2,716
CachFlow
-$1,251
CoC
-13.39
Champaign, IL Airbnb Market Insights
- •Median cashflow is -$767/month — careful deal selection is essential here
- •3.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Champaign, IL requires selective property picks
- •Mid-to-upper tier market with properties from $200,200 to $670,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs