Research › State Profiles

Indiana

Build-to-Rent Market Profile

54%

Build 2 Rent Score

Grade

#21

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 (24)Greenfield (13)Indianapolis (11)New Haven (10)Pendleton (8)Danville (8)Camby (7)Whitestown (7)

Available Models in IndianaView all

4BR/2BA | Single Family Rental (SFR) | Eminence, Indiana | $287,595 | $2,050/mo

Eminence · Single Family Rental (SFR)

$287,595

3BR/2BA | Single Family Rental (SFR) | Eminence, Indiana | $263,597 | $1,875/mo

Eminence · Single Family Rental (SFR)

$263,597

3BR/2.5BA | Single Family Rental (SFR) | Eminence, Indiana | $270,527 | $1,925/mo

Eminence · Single Family Rental (SFR)

$270,527

4BR/2.5BA | Single Family Rental (SFR) | Pendleton, Indiana | $426,500 | $3,025/mo

Pendleton · Single Family Rental (SFR)

$426,500

3BR/2BA | Single Family Rental (SFR) | Pendleton, Indiana | $383,900 | $2,725/mo

Pendleton · Single Family Rental (SFR)

$383,900

3BR/2BA | Single Family Rental (SFR) | Lebanon, Indiana | $343,720 | $2,450/mo

Lebanon · Single Family Rental (SFR)

$343,720

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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