RentYield Atlas

ZIP 46407 — Gary, IN: rental yield & market data

Gross rental yield of 22.17% — ranked #1 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
22.17%
Home value
$59,994
Market rent / mo
$1,108
Price-to-rent
4.5

Trend

Metric1-year change5-year change
Home value-1.0% +23.6%
Market rent

Metro: Chicago-Naperville-Elgin, IL-IN-WI · County: Lake County · Annual rent: $13,296

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 46407 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46409GaryIN$76,968$1,34921.03%4.8-6.4%
46404GaryIN$101,923$1,43516.90%5.9+3.3%
47807Terre HauteIN$77,209$86713.48%7.4-14.6%
46016AndersonIN$87,009$96113.26%7.5+0.5%
47305MuncieIN$84,117$79611.35%8.8-2.9%
47713EvansvilleIN$104,764$98211.25%8.9+4.5%
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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