RentYield Atlas

ZIP 47362 — New Castle, IN: rental yield & market data

Gross rental yield of 4.9% — ranked #154 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
4.9%
Home value
$173,469
Market rent / mo
$709
Price-to-rent
20.4

Trend

Metric1-year change5-year change
Home value+1.6% +35.8%
Market rent

Metro: New Castle, IN · County: Henry County · Annual rent: $8,508

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 47362 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46203IndianapolisIN$170,542$1,53610.81%9.3-1.6%
46225IndianapolisIN$178,096$1,3979.42%10.6-4.7%
46226IndianapolisIN$165,123$1,2098.78%11.4-1.6%
46208IndianapolisIN$178,316$1,2348.31%12.0-5.3%
46628South BendIN$181,551$1,2228.08%12.4+6.5%
46807Fort WayneIN$172,129$1,0947.63%13.1-0.4%
46808Fort WayneIN$174,185$1,0877.49%13.4+0.6%
46901KokomoIN$166,390$9877.12%14.0+4.9%

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