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
3.3%
Avg Cash on Cash
-11.4%
Median Cashflow
-$690/mo
Avg Rent Estimate
$2,803/mo
Avg Price
$354,179
Price Range
$191,000 - $670,500
Rent to Price
0.79%
okay ratio
Positive Cashflow
8%
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 3.3%, 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 -$690 with an average estimated nightly-rate-adjusted revenue of $2,803/month. These figures reflect real property data, not projections.
895 County Road 2125 N, Champaign, IL 61822
Price
$341,900
Rent
$3,404
CachFlow
-$477
CoC
-6.37
2102 Laurel Park Pl, Champaign, IL 61822
Price
$483,100
Rent
$3,071
CachFlow
-$1,859
CoC
-18.68
Champaign, IL Airbnb Market Insights
- •Median cashflow is -$690/month — careful deal selection is essential here
- •3.3% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Champaign, IL requires selective property picks
- •Mid-to-upper tier market with properties from $191,000 to $670,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs