RentYield Atlas

ZIP 46517 — Elkhart, IN: rental yield & market data

Gross rental yield of 4.8% — ranked #162 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
4.8%
Home value
$246,831
Market rent / mo
$988
Price-to-rent
20.8

Trend

Metric1-year change5-year change
Home value+5.8% +33.3%
Market rent

Metro: Elkhart-Goshen, IN · County: Elkhart County · Annual rent: $11,856

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 46517 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
47708EvansvilleIN$241,304$1,5287.60%13.2-1.8%
46410MerrillvilleIN$246,132$1,5507.56%13.2+0.6%
46815Fort WayneIN$250,945$1,5467.39%13.5+3.1%
46342HobartIN$242,972$1,3586.70%14.9+0.7%
46319GriffithIN$253,213$1,3906.59%15.2+2.4%
47715EvansvilleIN$243,134$1,3126.48%15.4+4.6%
46514ElkhartIN$253,045$1,3406.35%15.7+5.7%
46614Gulivoire ParkIN$247,960$1,1475.55%18.0+6.4%

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