Indianapolis-Carmel-Greenwood, IN
N/A transactions last 30d
8.82%
gross yield
$1,875
Median rent
$284,833
Avg home value
N/A
30d transactions
Market data updated Jul 1, 2026
Indiana Average Rent & Rental Yield
Screen Indiana rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.
9.42%
Gross Rental Yield
$1,700
Median Rent
$250,395
Avg Home Value
N/A
Transactions (30d)
Average rent in Indiana
The median asking rent in Indiana is $1,700 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $250,395, that rent level prices Indiana at a 9.42% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual Indiana markets.
Rental yield snapshot for Indiana
Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.
N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date
Metro market heatmap
Featured metros combine the largest Indiana markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.
Indiana metro market heatmap
Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.
Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Louisville/Jefferson County, KY-IN
N/A transactions last 30d
9.73%
gross yield
$1,722
Median rent
$230,847
Avg home value
N/A
30d transactions
Chicago-Naperville-Elgin, IL-IN
N/A transactions last 30d
11.71%
gross yield
$1,650
Median rent
$213,124
Avg home value
N/A
30d transactions
Terre Haute, IN
N/A transactions last 30d
12.98%
gross yield
$1,125
Median rent
$83,210
Avg home value
N/A
30d transactions
Bloomington, IN
N/A transactions last 30d
8.94%
gross yield
$2,094
Median rent
$319,214
Avg home value
N/A
30d transactions
Columbus, IN
N/A transactions last 30d
8.91%
gross yield
$1,845
Median rent
$247,936
Avg home value
N/A
30d transactions
South Bend-Mishawaka, IN-MI
N/A transactions last 30d
12.79%
gross yield
$1,400
Median rent
$129,370
Avg home value
N/A
30d transactions
New Castle, IN
N/A transactions last 30d
12.19%
gross yield
$1,195
Median rent
$124,412
Avg home value
N/A
30d transactions
Muncie, IN
N/A transactions last 30d
13.17%
gross yield
$1,250
Median rent
$132,526
Avg home value
N/A
30d transactions
Kokomo, IN
N/A transactions last 30d
12.23%
gross yield
$1,200
Median rent
$139,789
Avg home value
N/A
30d transactions
Marion, IN
N/A transactions last 30d
14.75%
gross yield
$1,200
Median rent
$85,236
Avg home value
N/A
30d transactions
Peru, IN
N/A transactions last 30d
15.71%
gross yield
$1,050
Median rent
$70,250
Avg home value
N/A
30d transactions
Metro
Gross Yield
Median Rent
Avg Home Value
30d Transactions
Indianapolis-Carmel-Greenwood, IN
IN
8.82%
$1,875
$284,833
N/A
Louisville/Jefferson County, KY-IN
IN
9.73%
$1,722
$230,847
N/A
Chicago-Naperville-Elgin, IL-IN
IN
11.71%
$1,650
$213,124
N/A
Terre Haute, IN
IN
12.98%
$1,125
$83,210
N/A
Bloomington, IN
IN
8.94%
$2,094
$319,214
N/A
Columbus, IN
IN
8.91%
$1,845
$247,936
N/A
South Bend-Mishawaka, IN-MI
IN
12.79%
$1,400
$129,370
N/A
New Castle, IN
IN
12.19%
$1,195
$124,412
N/A
Muncie, IN
IN
13.17%
$1,250
$132,526
N/A
Kokomo, IN
IN
12.23%
$1,200
$139,789
N/A
Marion, IN
IN
14.75%
$1,200
$85,236
N/A
Peru, IN
IN
15.71%
$1,050
$70,250
N/A
All Indiana rental markets
Average rent and rental yield reports for every covered Indiana metro (29 markets).
- Angola, IN9.52% yield
- Auburn, IN8.98% yield
- Bedford, IN10.22% yield
- Bloomington, IN8.94% yield
- Columbus, IN8.91% yield
- Crawfordsville, IN9.94% yield
- Elkhart-Goshen, IN9.82% yield
- Evansville, IN11.39% yield
- Fort Wayne, IN10.19% yield
- Greencastle, IN10.24% yield
- Huntington, IN10.51% yield
- Indianapolis-Carmel-Greenwood, IN8.82% yield
- Jasper, IN9.43% yield
- Kendallville, IN8.96% yield
- Kokomo, IN12.23% yield
- Lafayette-West Lafayette, IN8.33% yield
- Madison, IN8.93% yield
- Marion, IN14.75% yield
- Michigan City-La Porte, IN11.53% yield
- Muncie, IN13.17% yield
- New Castle, IN12.19% yield
- Peru, IN15.71% yield
- Plymouth, IN8.46% yield
- Richmond, IN11.21% yield
- Seymour, IN12.16% yield
- South Bend-Mishawaka, IN-MI12.79% yield
- Terre Haute, IN12.98% yield
- Wabash, IN11.07% yield
- Warsaw, IN9.01% yield
Turn Indiana rental signals into a target list
Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.