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 75+ datapoints.
Peoria, IL Long-Term Rental Investment Snapshot
Based on 75+ long-term rental datapoints
Median Cap Rate
5.4%
Avg Cash on Cash
-4.6%
Median Cashflow
-$199/mo
Avg Rent Estimate
$1,732/mo
Avg Price
$193,118
Price Range
$39,900 - $374,300
Rent to Price
0.9%
okay ratio
Positive Cashflow
33%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Peoria, IL
Peoria, IL presents a balanced long-term rental investment profile across 75+ analyzed datapoints. A median 5.4% cap rate combined with -4.6% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 75+ analyzed properties, the median monthly cashflow in Peoria, IL is -$199 with average rents of $1,732/month. Properties range from $39,900 to $374,300, offering entry points across multiple investment budgets.
Peoria, IL Rental Market Insights
- •Median cashflow is -$199/month — careful deal selection is essential here
- •5.4% median cap rate reflects a balanced risk-return profile
- •At 33% positive cashflow rate, Peoria, IL requires selective property picks
- •Moderately priced market with properties from $39,900 to $374,300