RentYield Atlas

ZIP 62703 — Springfield, IL: rental yield & market data

Gross rental yield of 13.79% — ranked #10 of 279 Illinois ZIP codes. June 2026 data.

Gross rental yield
13.79%
Home value
$99,611
Market rent / mo
$1,144
Price-to-rent
7.3

Trend

Metric1-year change5-year change
Home value+6.5% +30.5%
Market rent+5.7%

Metro: Springfield, IL · County: Sangamon County · Annual rent: $13,728

Comparable ZIP codes in Illinois

Similar home values, sorted by yield — the cheapest way to see if 62703 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
61101RockfordIL$118,194$1,35813.78%7.3+14.1%
62702SpringfieldIL$114,330$1,10011.55%8.7+5.5%
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%

Top rental yields in all of Illinois →

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