RentYield Atlas

ZIP 46409 — Gary, IN: rental yield & market data

Gross rental yield of 21.03% — ranked #2 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
21.03%
Home value
$76,968
Market rent / mo
$1,349
Price-to-rent
4.8

Trend

Metric1-year change5-year change
Home value-6.4% +24.7%
Market rent

Metro: Chicago-Naperville-Elgin, IL-IN-WI · County: Lake County · Annual rent: $16,188

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 46409 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46407GaryIN$59,994$1,10822.17%4.5-1.0%
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 →

Full dataset — all 8,427 ZIP codes · $19 one-time

Screening more than one ZIP? Get every Indiana ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.

Get the CSV — $19

Instant download after checkout · what's inside