Rental numbers for the Danville, IL metro
The typical home here runs -$180 a month at 7.78% with 25% down, breaking even at about 4.1%. 1 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 15.3%.
- Gross yield
- 10.2%
- typical home, Zillow
- Median ZIP yield
- 15.3%
- 1 ZIPs with full data
- Cash flow
- -$180/mo
- at 7.78%, 25% down
- Typical price
- $102,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $861/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
18 with published figures
| 61832Danville | $68,000 | $872 | 15.3% | 7.8% | +$77 | +1.2% |
| 60942Hoopeston | $85,000 | $1,010* | 14.2% | 7.4% | +$67 | n/a |
| 61833Tilton | $86,000 | $940* | 13.1% | 7.0% | +$37 | n/a |
| 60960Rankin | $105,000 | $980* | 11.2% | 4.7% | -$156 | n/a |
| 60963Rossville | $115,000 | $1,070* | 11.2% | 5.1% | -$127 | n/a |
| 61870Ridge Farm | $99,000 | $920* | 11.1% | 5.2% | -$107 | n/a |
| 61883Westville | $103,000 | $920* | 10.7% | 5.0% | -$126 | n/a |
| 61876Sidell | $113,000 | $1,010* | 10.7% | 5.0% | -$142 | n/a |
| 61846Georgetown | $103,000 | $920* | 10.7% | 4.8% | -$141 | n/a |
| 61850Indianola | $125,000 | $970* | 9.3% | 3.9% | -$262 | n/a |
| 61844Fithian | $183,000 | $1,250* | 8.2% | 3.6% | -$442 | n/a |
| 61865Potomac | $140,000 | $920* | 7.9% | 3.2% | -$382 | n/a |
| 61817Catlin | $175,000 | $1,070* | 7.3% | 2.4% | -$597 | n/a |
| 61811Alvin | $171,000 | $1,030* | 7.2% | 2.1% | -$625 | n/a |
| 61814Bismarck | $180,000 | $1,060* | 7.1% | 2.4% | -$611 | n/a |
| 61834Danville | $194,000 | $1,100* | 6.8% | 2.6% | -$622 | n/a |
| 61841Fairmount | $166,000 | $920* | 6.7% | 1.8% | -$640 | n/a |
| 61858Oakwood | $172,000 | $950* | 6.6% | 2.2% | -$610 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.5%
- Rent, 12 months
- 0.0%
- Rent minus price growth
- -2.5 pts
- Property tax
- 1.79%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $86,663 | n/a |
| Aug 2022 | $92,516 | $679 |
| Aug 2023 | $99,586 | $721 |
| Aug 2024 | $97,895 | $817 |
| Aug 2025 | $99,340 | $861 |
| Aug 2026 | $101,787 | $861 |
Counties
- Vermilion County, IL15.3% median yield
Tools
Questions
- Is the Danville, IL metro good for rental property?
- The typical home here runs -$180 a month at 7.78% with 25% down, breaking even at about 4.1%. 1 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 15.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Danville, IL metro have the highest rental yield?
- 61832 (Danville) at 15.3%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.