RentYield Atlas

ZIP 46404 — Gary, IN: rental yield & market data

Gross rental yield of 16.9% — ranked #3 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
16.9%
Home value
$101,923
Market rent / mo
$1,435
Price-to-rent
5.9

Trend

Metric1-year change5-year change
Home value+3.3% +31.9%
Market rent+8.2%

Metro: Chicago-Naperville-Elgin, IL-IN-WI · County: Lake County · Annual rent: $17,220

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 46404 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46408GaryIN$113,818$1,44115.19%6.6-4.5%
46016AndersonIN$87,009$96113.26%7.5+0.5%
46613South BendIN$113,930$1,21212.76%7.8+7.7%
46218IndianapolisIN$117,267$1,22612.55%8.0-3.2%
47713EvansvilleIN$104,764$98211.25%8.9+4.5%
46953MarionIN$108,770$95910.58%9.5-0.5%
47804Terre HauteIN$108,124$94810.52%9.5-1.1%
47302MuncieIN$107,554$92710.34%9.7+0.4%

Top rental yields in all of Indiana →

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