RentYield Atlas

ZIP 47374 — Richmond, IN: rental yield & market data

Gross rental yield of 6.38% — ranked #91 of 175 Indiana ZIP codes. June 2026 data.

Gross rental yield
6.38%
Home value
$163,543
Market rent / mo
$870
Price-to-rent
15.7

Trend

Metric1-year change5-year change
Home value+5.9% +43.3%
Market rent

Metro: Richmond, IN · County: Wayne County · Annual rent: $10,440

Comparable ZIP codes in Indiana

Similar home values, sorted by yield — the cheapest way to see if 47374 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
46405Lake StationIN$159,801$1,45010.89%9.2-1.4%
46203IndianapolisIN$170,542$1,53610.81%9.3-1.6%
46327HammondIN$157,677$1,36210.37%9.6-3.9%
46241IndianapolisIN$159,162$1,2719.59%10.4+0.0%
46226IndianapolisIN$165,123$1,2098.78%11.4-1.6%
46947LogansportIN$164,133$9957.27%13.7-2.2%
46901KokomoIN$166,390$9877.12%14.0+4.9%
47710EvansvilleIN$161,256$8426.27%16.0+4.6%

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