Real Estate Investing in Indiana

158 counties • 672 cities • Landlord Friendliness: 5/5

3.0/ 5

Investability

Top ZIPs average

4.0/ 5

Appreciation

7.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Landlord Friendliness: Indiana

★ ★ ★ ★ ★ 5/5
Eviction Speed Moderate 10 days
Rent Control No rent control (prohibited)
Security Deposit No limit

📊 Indiana Market Overview

Median Home Value $248,442
1-Year CAGR +3.1%
5-Year CAGR +7.7%
10-Year CAGR +7.2%

Investing in Indiana Real Estate

Across Indiana's 672 cities, the picture is uneven and often subdued: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Both rent and price dynamics in Indiana have run lackluster — the uncomfortable combination that defines distressed-leaning states in the investor lens.

The regulatory environment in Indiana isn't unusually hostile, but in distressed conditions the ordinary costs of compliance and enforcement compound in ways that screen data doesn't capture.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Free to search · investor plans from $19/mo
Avg Home Value $248,442
Cities Tracked 672
ZIP Codes 898

Market Trends — Indiana

Statewide Home Value History

$259K$227K$195K$163K$131K$99KNov 2005Nov 2015Oct 2025

Statewide Rent History

$1,462$1,333$1,204$1,075$945$816May 2016May 2021May 2026

Top ZIP Codes in Indiana

47906 West Lafayette $370,032 ★ ★ ★ ★ ★ 46307 Crown Point $361,346 ★ ★ ★ ★ ★ 46143 Greenwood $337,026 ★ ★ ★ ★ ★ 46227 Indianapolis $230,930 ★ ★ ★ ★ ★ 46032 Carmel $587,138 ★ ★ ★ ★ ★ 47150 New Albany $237,933 ★ ★ ★ ★ ★ 47130 Jeffersonville $257,116 ★ ★ ★ ★ ★ 47201 Columbus $273,671 ★ ★ ★ ★ ★ 46060 Noblesville $361,070 ★ ★ ★ ★ ★ 46037 Fishers $476,867 ★ ★ ★ ★ ★ 46074 Westfield $506,832 ★ ★ ★ ★ ★ 46226 Indianapolis $166,489 ★ ★ ★ ★ ★

🎓 Education in Indiana

🏫 Top K-12 Schools

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🎓 Top Colleges & Universities

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📊 Explore More for Indiana

🏠 Landlord-Friendly States 💰 Lowest Property Tax States 📈 Best States for Investing 💼 Career Paths & Salaries 📚 Degree Programs 🎓 Indiana Colleges

Counties in Indiana

Marion County (37 ZIPs) Lake County (27 ZIPs) Allen County (24 ZIPs) Hamilton County (13 ZIPs) Saint Joseph County (18 ZIPs) Elkhart County (11 ZIPs) Tippecanoe County (8 ZIPs) Vanderburgh County (9 ZIPs) Porter County (7 ZIPs) Hendricks County (10 ZIPs) Johnson County (7 ZIPs) Monroe County (6 ZIPs) Madison County (13 ZIPs) Clark County (10 ZIPs) La Porte County (10 ZIPs) Delaware County (9 ZIPs) Vigo County (7 ZIPs) Howard County (4 ZIPs) Floyd County (5 ZIPs) Bartholomew County (6 ZIPs) Hancock County (5 ZIPs) Boone County (6 ZIPs) Kosciusko County (11 ZIPs) Morgan County (7 ZIPs) Grant County (11 ZIPs) Warrick County (5 ZIPs) Wayne County (8 ZIPs) Shelby County (8 ZIPs) Henry County (12 ZIPs) Marshall County (7 ZIPs)

128 more counties available

Major Cities in Indiana

Indianapolis (35 ZIPs) Fort Wayne (40 ZIPs) Evansville (32 ZIPs) South Bend (11 ZIPs) Bloomington (10 ZIPs) Fishers (3 ZIPs) Lafayette (4 ZIPs) Carmel (3 ZIPs) Elkhart (3 ZIPs) Greenwood (2 ZIPs) Terre Haute (8 ZIPs) Muncie (7 ZIPs) Noblesville (2 ZIPs) Valparaiso (3 ZIPs) Anderson (7 ZIPs) Kokomo (5 ZIPs) West Lafayette (2 ZIPs) Columbus (3 ZIPs) Gary (14 ZIPs) Crown Point (1 ZIPs) Hammond (4 ZIPs) Goshen (2 ZIPs) Mishawaka (2 ZIPs) New Albany (1 ZIPs) Jeffersonville (1 ZIPs) Westfield (1 ZIPs) Richmond (1 ZIPs) La Porte (1 ZIPs) Michigan City (1 ZIPs) Greenfield (1 ZIPs) Brownsburg (1 ZIPs) Avon (1 ZIPs) Marion (2 ZIPs) Portage (1 ZIPs) Speedway (1 ZIPs) Newburgh (1 ZIPs) Plainfield (1 ZIPs) Merrillville (1 ZIPs) Warsaw (2 ZIPs) Franklin (1 ZIPs)

632 more cities available

Don’t scroll every ZIP in this state by hand — filter the whole state by cap rate, vacancy and appreciation with Pro Search ($19/mo), and get a weekly alert when your shortlist moves (Investor Pro+). See plans →

Popular Neighborhoods in Indiana

Barcly Gardens Bloomington (10 ZIPs) Blue Ridge Bloomington (10 ZIPs) Broadview Bloomington (10 ZIPs) Bryan Park Bloomington (10 ZIPs) Covenanter Bloomington (10 ZIPs) Cresent Bend Bloomington (10 ZIPs) Eastern Heights Bloomington (10 ZIPs) Eastside Bloomington (10 ZIPs) Elm Heights Bloomington (10 ZIPs) Fritz Terrace Bloomington (10 ZIPs) Gentry Estates Bloomington (10 ZIPs) Grandview Hills Bloomington (10 ZIPs) Green Acres Bloomington (10 ZIPs) Highland Village Bloomington (10 ZIPs) Hoosier Acres Bloomington (10 ZIPs) Maple Heights Bloomington (10 ZIPs) Matlock Heights Bloomington (10 ZIPs) McDoel Gardens Bloomington (10 ZIPs) Near West Side Bloomington (10 ZIPs) Northwood Estates Bloomington (10 ZIPs) Old Northeast Downtown Bloomington (10 ZIPs) Park Ridge Bloomington (10 ZIPs) Park Ridge East Bloomington (10 ZIPs) Peppergrass Bloomington (10 ZIPs) Prospect Hill Bloomington (10 ZIPs)

Frequently Asked Questions About Indiana Real Estate

What approach is best for, IN real estate?

The best-fit strategy in, IN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What is the tenant pool like in, IN?

Expect a solid tenant pool in, IN. The rental market absorbs rents without meaningful friction.

What do rentals go for in, IN?

Rental rates in, IN average. Tenant demand and $248K home values make the yield look reasonable by investor standards.

Is investability higher in, IN than across IN?

, IN comes in broadly in line with on the IN comparison. Specific drivers include $248K prices and rents.

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