RentYield Atlas

ZIP 46033 — Carmel, IN: rental yield & market data

Gross rental yield of 5.0% — ranked #150 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
5.0%
Home value
$599,338
Market rent / mo
$2,495
Price-to-rent
20.0

Trend

Metric1-year change5-year change
Home value+4.6% +33.9%
Market rent+8.8%

Metro: Indianapolis-Carmel-Anderson, IN · County: Hamilton County · Annual rent: $29,940

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 46033 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46814Fort WayneIN$464,763$1,9635.07%19.7+2.5%
46037FishersIN$479,589$1,9664.92%20.3+1.3%
46074WestfieldIN$509,749$2,0704.87%20.5+2.9%
46062NoblesvilleIN$444,209$1,7834.82%20.8+2.4%
46040FishersIN$508,076$1,7424.11%24.3+1.8%
46106BargersvilleIN$461,955$1,5394.00%25.0+3.1%
46032CarmelIN$591,803$1,7513.55%28.2+4.9%
46077ZionsvilleIN$701,313$1,8463.16%31.7+5.8%

Top rental yields in all of Indiana →

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