Gross rental yield of 9.59% — ranked #24 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.0% | +24.4% |
| Market rent | +4.1% | +43.6% |
Metro: Indianapolis-Carmel-Anderson, IN · County: Marion County · Annual rent: $15,252
Similar home values, sorted by yield — the cheapest way to see if 46241 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46405 | Lake Station | IN | $159,801 | $1,450 | 10.89% | 9.2 | -1.4% |
| 46403 | Gary | IN | $155,610 | $1,348 | 10.40% | 9.6 | -1.3% |
| 46327 | Hammond | IN | $157,677 | $1,362 | 10.37% | 9.6 | -3.9% |
| 46201 | Indianapolis | IN | $156,156 | $1,240 | 9.53% | 10.5 | -5.7% |
| 46616 | South Bend | IN | $154,536 | $1,225 | 9.51% | 10.5 | +6.8% |
| 46601 | South Bend | IN | $156,540 | $1,196 | 9.17% | 10.9 | +4.2% |
| 47374 | Richmond | IN | $163,543 | $870 | 6.38% | 15.7 | +5.9% |
| 47710 | Evansville | IN | $161,256 | $842 | 6.27% | 16.0 | +4.6% |
Top rental yields in all of Indiana →
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