RentYield Atlas

ZIP 46280 — Carmel, IN: rental yield & market data

Gross rental yield of 6.7% — ranked #75 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
6.7%
Home value
$351,424
Market rent / mo
$1,963
Price-to-rent
14.9

Trend

Metric1-year change5-year change
Home value+3.8% +36.4%
Market rent+12.5%

Metro: Indianapolis-Carmel-Anderson, IN · County: Hamilton County · Annual rent: $23,556

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 46280 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46122DanvilleIN$353,955$1,7796.03%16.6+2.2%
47408BloomingtonIN$351,194$1,6755.72%17.5+2.5%
46204IndianapolisIN$347,197$1,6235.61%17.8+1.6%
46220IndianapolisIN$350,670$1,5695.37%18.6+0.4%
46202IndianapolisIN$353,093$1,5275.19%19.3-0.5%
47401BloomingtonIN$356,378$1,5005.05%19.8+0.6%
46383ValparaisoIN$352,481$1,4094.80%20.8+2.2%
46256IndianapolisIN$351,129$1,2574.29%23.3+1.3%

Top rental yields in all of Indiana →

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