RentYield Atlas

ZIP 46203 — Indianapolis, IN: rental yield & market data

Gross rental yield of 10.81% — ranked #14 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
10.81%
Home value
$170,542
Market rent / mo
$1,536
Price-to-rent
9.3

Trend

Metric1-year change5-year change
Home value-1.6% +14.3%
Market rent+8.1% +45.4%

Metro: Indianapolis-Carmel-Anderson, IN · County: Marion County · Annual rent: $18,432

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 46203 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46225IndianapolisIN$178,096$1,3979.42%10.6-4.7%
46226IndianapolisIN$165,123$1,2098.78%11.4-1.6%
46807Fort WayneIN$172,129$1,0947.63%13.1-0.4%
46808Fort WayneIN$174,185$1,0877.49%13.4+0.6%
46947LogansportIN$164,133$9957.27%13.7-2.2%
46901KokomoIN$166,390$9877.12%14.0+4.9%
47374RichmondIN$163,543$8706.38%15.7+5.9%
47362New CastleIN$173,469$7094.90%20.4+1.6%

Top rental yields in all of Indiana →

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