Research › State Profiles

Indiana

Build-to-Rent Market Profile

54%

Build 2 Rent Score

Grade

#20

National Rank

Tier 3

Stable

Market Metrics

Income Growth

5.2%

higher is better · Bureau of Labor Statistics (BLS), QCEW

Population Growth

1.9%

higher is better · U.S. Census Bureau, ACS 5-Year Estimates

Rent Growth

5.4%

higher is better · Zillow Observed Rent Index (ZORI)

Job Growth

—

higher is better · Bureau of Labor Statistics, Current Employment Statistics

Vacancy Rate

6.1%

lower is better · U.S. Census Bureau, Housing Vacancy Survey

Crime Rate

390

lower is better · FBI Uniform Crime Reporting (UCR) Program

Building Permits

510

higher is better · U.S. Census Bureau, Building Permits Survey

Land Cost

$36k

lower is better · Zillow ZHVI, 2-BR Tier

Property Taxes

—

lower is better · Tax Foundation, State & Local Property Tax

Insurance Cost

—

lower is better · NAIC / Insurify Insurance Cost Index

Landlord Friendliness

—

higher is better · Rentometer Landlord-Friendly Index

Home Appreciation

—

higher is better · FHFA House Price Index

Growth Profile

Moderate Growth

Population1.9%

Income5.2%

Rent5.4%

Jobs—

Risk Profile

Elevated Risk

Vacancy6.1%

Crime390

Insurance—

Regulation & Cost

Strategy: Cash Flow

Property Tax—

Landlord Friendliness—

Land Cost (2BR)$36k

Top Cities in Indiana

Fort Wayne (52)Hobart (16)New Haven (16)Greenfield (13)St. John (12)Hebron (11)Indianapolis (11)Portage (8)

Available Models in IndianaView all

4BR/2.5BA | Single Family Rental (SFR) | Memphis, Indiana | $279,900 | $2,000/mo

Memphis · Single Family Rental (SFR)

$279,900

4BR/2.5BA | Single Family Rental (SFR) | Memphis, Indiana | $296,396 | $2,100/mo

Memphis · Single Family Rental (SFR)

$296,396

4BR/2.5BA | Single Family Rental (SFR) | Memphis, Indiana | $303,775 | $2,150/mo

Memphis · Single Family Rental (SFR)

$303,775

4BR/2.5BA | Single Family Rental (SFR) | Memphis, Indiana | $279,900 | $2,000/mo

Memphis · Single Family Rental (SFR)

$279,900

4BR/2.5BA | Single Family Rental (SFR) | Jeffersonville, Indiana | $300,450 | $2,125/mo

Jeffersonville · Single Family Rental (SFR)

$300,450

4BR/2.5BA | Single Family Rental (SFR) | New Albany, Indiana | $309,900 | $2,200/mo

New Albany · Single Family Rental (SFR)

$309,900

Investing in Indiana?

Talk to a Build 2 Rent specialist about available models, financing, and market strategy for Indiana.

Indiana

Growth Profile

Risk Profile

Regulation & Cost

Investing in Indiana?

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