Most Affordable ZIP Codes in Springfield, IL (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 62703 1% rule | Springfield, IL | $98,416 | $1,128 | 8.94% | 7.0% |
| 2 | 62702 | Springfield, IL | $114,242 | $1,129 | 7.71% | 7.2% |
| 3 | 62539 | Illiopolis, IL | $147,833 | $918 | 4.84% | 7.2% |
| 4 | 62673 | Oakford, IL | $155,730 | $918 | 4.60% | 2.3% |
| 5 | 62642 | Greenview, IL | $159,796 | $936 | 4.57% | 4.1% |
| 6 | 62688 | Petersburg, IL | $160,303 | $999 | 4.86% | 0.6% |
| 7 | 62530 | Divernon, IL | $162,108 | $999 | 4.81% | 3.6% |
| 8 | 62704 | Leland Grove, IL | $192,242 | $1,130 | 4.58% | 6.0% |
| 9 | 62615 | Auburn, IL | $193,925 | $1,080 | 4.34% | 5.0% |
| 10 | 62558 | Pawnee, IL | $195,432 | $972 | 3.88% | 6.7% |
| 11 | 62661 | Loami, IL | $211,616 | $1,008 | 3.72% | 6.9% |
| 12 | 62561 | Riverton, IL | $214,008 | $1,251 | 4.56% | 7.3% |
| 13 | 62545 | Mechanicsburg, IL | $223,391 | $954 | 3.33% | 7.7% |
| 14 | 62613 | Athens, IL | $228,207 | $1,071 | 3.66% | 6.2% |
| 15 | 62675 | Petersburg, IL | $229,542 | $972 | 3.30% | 4.6% |
| 16 | 62707 | Springfield, IL | $238,751 | $1,035 | 3.38% | 5.7% |
| 17 | 62520 | Dawson, IL | $244,063 | $1,044 | 3.34% | 9.1% |
| 18 | 62677 | Pleasant Plains, IL | $259,437 | $1,044 | 3.14% | 7.2% |
| 19 | 62693 | Williamsville, IL | $263,130 | $1,215 | 3.60% | 6.5% |
| 20 | 62536 | Glenarm, IL | $298,146 | $1,089 | 2.85% | 6.9% |
| 21 | 62563 | Rochester, IL | $303,291 | $1,458 | 3.75% | 6.6% |
| 22 | 62629 | Chatham, IL | $311,943 | $1,704 | 4.26% | 7.7% |
| 23 | 62625 | Cantrall, IL | $313,426 | $1,062 | 2.64% | 6.8% |
| 24 | 62684 | Sherman, IL | $338,202 | $1,503 | 3.47% | 7.8% |
| 25 | 62712 | Springfield, IL | $342,953 | $1,251 | 2.85% | 5.6% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Springfield, IL · Appreciation in Springfield, IL
Or see the full Springfield, IL metro profile.