RentYield Atlas

ZIP 47111 — Charlestown, IN: rental yield & market data

Gross rental yield of 6.32% — ranked #96 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
6.32%
Home value
$310,543
Market rent / mo
$1,636
Price-to-rent
15.8

Trend

Metric1-year change5-year change
Home value+2.3% +23.8%
Market rent

Metro: Louisville/Jefferson County, KY-IN · County: Clark County · Annual rent: $19,632

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 47111 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46818Fort WayneIN$313,408$1,9597.50%13.3+1.8%
46582WarsawIN$317,126$1,6506.24%16.0+4.2%
46804Fort WayneIN$310,197$1,5646.05%16.5+2.9%
46216LawrenceIN$311,184$1,5415.94%16.8+0.5%
47172SellersburgIN$304,585$1,3035.13%19.5+1.1%
46260IndianapolisIN$312,546$1,2824.92%20.3+0.9%
46590Winona LakeIN$310,976$1,2084.66%21.5+4.7%
46528GoshenIN$312,386$1,1724.50%22.2+5.8%

Top rental yields in all of Indiana →

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