RentYield Atlas

ZIP 61938 — Mattoon, IL: rental yield & market data

Gross rental yield of 8.53% — ranked #68 of 279 Illinois ZIP codes. June 2026 data.

Gross rental yield
8.53%
Home value
$124,243
Market rent / mo
$884
Price-to-rent
11.7

Trend

Metric1-year change5-year change
Home value+4.3% +26.4%
Market rent

Metro: Charleston-Mattoon, IL · County: Coles County · Annual rent: $10,608

Comparable ZIP codes in Illinois

Similar home values, sorted by yield — the cheapest way to see if 61938 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
60621ChicagoIL$129,969$1,54614.27%7.0-0.3%
61102RockfordIL$124,595$1,40613.55%7.4+10.7%
61606PeoriaIL$126,966$1,25111.82%8.5-0.8%
62040Granite CityIL$122,748$1,10610.81%9.2+2.6%
62002AltonIL$122,174$9969.78%10.2+5.9%
62521DecaturIL$123,560$9719.43%10.6+8.4%
61032FreeportIL$129,321$1,0089.35%10.7+7.4%
61201Rock IslandIL$128,430$9188.57%11.7+0.9%

Top rental yields in all of Illinois →

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