Gross rental yield of 9.0% — ranked #33 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.5% | +23.3% |
| Market rent | +6.1% | +43.4% |
Metro: Indianapolis-Carmel-Anderson, IN · County: Marion County · Annual rent: $25,488
Similar home values, sorted by yield — the cheapest way to see if 46234 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46113 | Indianapolis | IN | $281,563 | $2,002 | 8.53% | 11.7 | -0.2% |
| 46131 | Franklin | IN | $285,755 | $1,808 | 7.59% | 13.2 | +1.8% |
| 47909 | Lafayette | IN | $283,784 | $1,706 | 7.21% | 13.9 | +1.7% |
| 46228 | Indianapolis | IN | $274,860 | $1,500 | 6.55% | 15.3 | -0.5% |
| 47201 | Columbus | IN | $275,035 | $1,402 | 6.12% | 16.4 | +3.2% |
| 47403 | Bloomington | IN | $283,767 | $1,254 | 5.30% | 18.9 | +1.2% |
| 46350 | La Porte | IN | $280,003 | $1,127 | 4.83% | 20.7 | +3.8% |
| 46706 | Auburn | IN | $284,860 | $972 | 4.09% | 24.4 | +5.2% |
Top rental yields in all of Indiana →
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