Peoria, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Peoria, IL. Based on 20+ datapoints.
Peoria, IL Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
6.8%
Avg Cash on Cash
8.4%
Median Cashflow
-$27/mo
Avg Rent Estimate
$1,693/mo
Avg Price
$165,295
Price Range
$49,990 - $284,500
Rent to Price
1.02%
strong ratio
Positive Cashflow
43%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Peoria, IL
Peoria, IL is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 6.8% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Peoria, IL is -$27 with average rents of $1,693/month. Properties range from $49,990 to $284,500, offering entry points across multiple investment budgets.
Peoria, IL Rental Market Insights
- •Median cashflow is -$27/month — careful deal selection is essential here
- •6.8% median cap rate reflects a balanced risk-return profile
- •43% positive cashflow rate means roughly two in five properties are cash-flow positive
- •Moderately priced market with properties from $49,990 to $284,500
- •Early-stage market data — revisit as more properties are analyzed for stronger signals