RentYield Atlas

ZIP 47304 — Muncie, IN: rental yield & market data

Gross rental yield of 5.91% — ranked #117 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
5.91%
Home value
$217,910
Market rent / mo
$1,072
Price-to-rent
16.9

Trend

Metric1-year change5-year change
Home value+4.0% +39.2%
Market rent+5.2%

Metro: Muncie, IN · County: Delaware County · Annual rent: $12,864

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 47304 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46235IndianapolisIN$219,881$1,8019.83%10.2-1.3%
46229IndianapolisIN$221,123$1,7129.29%10.8-2.2%
46544MishawakaIN$212,800$1,2897.27%13.8+5.1%
46545MishawakaIN$221,697$1,2786.92%14.5+5.2%
46011AndersonIN$217,167$1,1726.47%15.4+5.0%
46816Fort WayneIN$213,845$1,0585.93%16.9+2.5%
47712EvansvilleIN$212,724$1,0125.71%17.5+3.7%
46041FrankfortIN$218,566$7624.19%23.9+4.6%

Top rental yields in all of Indiana →

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