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The 5 best rental markets in Illinois for investors & property managers in 2025

Buildium

We’ll share rental market statistics for each city, including inventory growth, rent growth, vacancy rates, cap rates, and property price appreciation. Bloomington, Illinois Rental Market Statistics Rental Inventory (Q3-’24): 9,797 Units Added Since Q3-’23: +0 Asking Rent Growth Since Q3-’23: 2.3% Multifamily Cap Rate (Q3-’24): 8.3%

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The Impact of Inflation on Property Managers

Authority Property Management

This present reality leaves property managers with very few options, they will either have to increase rent prices, cut down on services and amenities or delay non-essential work. Rising costs will make landlords increase rent prices and minimize costs in order to stay within their budget.

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Having Trouble Selling Your Home in Columbus? Here’s Why Renting Might Be the Smarter Move in 2025

RL Property Management

In fact, this moment might be one of the best times to rent your property instead. With buyer demand cooling and rental demand holding strong, renting out your home could deliver better returns, less stress, and more long-term value than selling in a soft market. And when they cant (or dont want to) buy, they rent.

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