RentYield Atlas

ZIP 62702 — Springfield, IL: rental yield & market data

Gross rental yield of 11.55% — ranked #19 of 279 Illinois ZIP codes. June 2026 data.

Gross rental yield
11.55%
Home value
$114,330
Market rent / mo
$1,100
Price-to-rent
8.7

Trend

Metric1-year change5-year change
Home value+5.5% +35.2%
Market rent+6.6%

Metro: Springfield, IL · County: Sangamon County · Annual rent: $13,200

Comparable ZIP codes in Illinois

Similar home values, sorted by yield — the cheapest way to see if 62702 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
61101RockfordIL$118,194$1,35813.78%7.3+14.1%
61104RockfordIL$115,839$1,08111.20%8.9+16.5%
62040Granite CityIL$122,748$1,10610.81%9.2+2.6%
61604PeoriaIL$114,667$99610.43%9.6+6.6%
62948HerrinIL$117,644$1,00610.26%9.7-3.4%
61455MacombIL$111,923$9199.85%10.2+1.3%
62002AltonIL$122,174$9969.78%10.2+5.9%
62521DecaturIL$123,560$9719.43%10.6+8.4%

Top rental yields in all of Illinois →

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