Gross rental yield of 6.74% — ranked #72 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -0.6% | +23.7% |
| Market rent | +1.3% | — |
Metro: Indianapolis-Carmel-Anderson, IN · County: Marion County · Annual rent: $15,576
Similar home values, sorted by yield — the cheapest way to see if 46227 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46254 | Indianapolis | IN | $224,529 | $1,345 | 7.19% | 13.9 | +0.8% |
| 46214 | Indianapolis | IN | $234,561 | $1,279 | 6.54% | 15.3 | -1.1% |
| 47150 | New Albany | IN | $238,826 | $1,200 | 6.03% | 16.6 | +3.1% |
| 47274 | Seymour | IN | $237,466 | $1,175 | 5.94% | 16.8 | +3.2% |
| 46176 | Shelbyville | IN | $228,694 | $1,110 | 5.82% | 17.2 | -0.7% |
| 46360 | Michigan City | IN | $239,353 | $1,114 | 5.59% | 17.9 | +5.0% |
| 46923 | Delphi | IN | $238,297 | $1,065 | 5.36% | 18.6 | +2.8% |
| 47933 | Crawfordsville | IN | $235,271 | $954 | 4.86% | 20.6 | +2.9% |
Top rental yields in all of Indiana →
Screening more than one ZIP? Get every Indiana ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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