Elmwood, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Elmwood short-term rental market based on reliable data.
Listings
40 / 81
Reliable / Active
Cap Rate
18%
Middle-Earners Gross Yield
Revenue
$31,958
Middle-Earners Revenue
Occupancy
62%
Middle-Earners Occupancy
Home Value
$177,012
Median Home Sale Price
Top Earners
$65,464
Top-Earners Revenue
Elmwood
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Elmwood.
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Generally Investor friendly
Elmwood Regulations
Peoria allows STRs with straightforward city licensing ($75/yr, 8% tax, online portal) but imposes a 3% density cap and unincorporated properties require Special Use Board approval, public hearings, and conditions; enforcement is active with $300 citations and costly penalties, and stricter caps are under discussion, making compliance feasible but not risk-free.
Local STR Agent
STR specialist · Elmwood, IL
About Elmwood
Elmwood is a city in Peoria County, Illinois, United States. The population was 2,097 at the 2010 census. Elmwood is part of the Peoria, Illinois Metropolitan Statistical Area.