Real Estate Investing in Indiana — 2026

We track 1 market in Indiana with detailed investment metrics. Most cities here score highest for brrrr investing.

Last updated: May 2026

Avg Cap Rate

8.1%

Avg Home Price

$175,000

Avg Rent

$1,350/mo

Avg Vacancy

9.7%

Indiana Investment Markets

CityCap RateMedian PriceRentGrowthBest Strategy
Indianapolis8.1%$175,000$1,350+3.2%BRRRR

Best Strategy for Indiana

Based on our analysis, the dominant strategy across Indiana markets is BRRRR investing. 1/1 cities in the state score highest for this approach. Markets ranked by BRRRR viability — factoring in affordable entry prices, cap rates, population growth, and rent-to-price ratio.

View BRRRR Rankings

Frequently Asked Questions

How many real estate investment markets do you track in Indiana?

We track 1 market in Indiana: Indianapolis. Each market is analyzed across 10+ metrics including cap rates, rent-to-price ratios, vacancy rates, and population growth.

What is the average cap rate in Indiana?

The average cap rate across our tracked Indiana markets is 8.1%. Indianapolis has the highest cap rate at 8.1%. Average median home price is $175,000.

Is Indiana good for real estate investing?

Indiana offers investment potential. The average vacancy rate is 9.7% and average property tax rate is 0.84%. Positive population growth signals healthy demand.

Which city in Indiana has the best cap rate?

Indianapolis, IN has the highest average cap rate in Indiana at 8.1%, with a median home price of $175,000 and median rent of $1,350.

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Indiana Cities

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