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Highest gross rent yields in Indiana

Grant County leads Indiana at 8.37% gross rent yield, on a median rent of $853 and a median home value of $122,300. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
8.37%
Grant County
Median gross rent
$853
ACS B25064
Median home value
$122,300
ACS B25077
State yield
5.84%
State median rent and value

Counties ranked by gross rent yield

1Grant County$853$44$122,300$4,9458.37%
2Miami County$838$23$126,200$9,6867.97%
3Vermillion County$750$115$113,100$6,7477.96%
4Jay County$770$28$117,500$7,0587.86%
5Blackford County$699$88$107,500$11,2487.80%
6Delaware County$906$26$139,400$4,9297.80%
7Randolph County$723$43$113,400$6,6517.65%
8Sullivan County$829$38$131,100$10,5807.59%
9Vigo County$924$27$148,500$5,6837.47%
10Jennings County$988$84$161,500$7,5387.34%
11Fayette County$791$36$130,700$10,4357.26%
12Fountain County$843$55$143,400$14,1387.05%
13Cass County$783$49$133,800$9,4217.02%
14Crawford County$686$83$117,700$9,9846.99%
15Madison County$939$24$161,300$3,1656.99%
16Wayne County$815$29$140,200$8,7126.98%
17Knox County$796$45$137,700$11,7346.94%
18Clay County$873$40$153,000$8,5176.85%
19Howard County$937$19$165,000$5,4766.81%
20Jackson County$1,004$61$178,300$6,1646.76%
21Clinton County$920$42$164,100$6,3006.73%
22St. Joseph County$1,062$22$192,800$3,4816.61%
23Huntington County$879$42$161,600$5,2306.53%
24Orange County$855$35$158,700$10,7136.47%
25Fulton County$839$55$156,500$11,7226.43%
26Vanderburgh County$985$17$184,000$5,6156.42%
27Newton County$918$81$171,500$12,4976.42%
28Henry County$820$29$154,400$7,3436.37%
29Owen County$911$62$172,400$11,4586.34%
30Rush County$873$62$166,800$8,6326.28%
31Greene County$797$53$153,200$8,9636.24%
32Gibson County$935$64$180,000$9,3256.23%
33Scott County$822$63$158,400$9,7436.23%
34Marion County$1,153$10$224,000$2,2426.18%
35Benton County$774$68$151,000$13,4246.15%
36White County$901$74$175,900$10,6446.15%
37Clark County$1,129$26$222,900$4,2186.08%
38Montgomery County$858$46$171,800$5,9875.99%
39LaPorte County$976$30$195,500$5,7945.99%
40Elkhart County$1,047$29$210,400$4,7585.97%
41Pulaski County$772$69$156,400$5,4595.92%
42Carroll County$890$102$180,900$9,1995.90%
43Lake County$1,131$16$230,600$2,9475.89%
44Wabash County$762$82$157,200$7,0745.82%
45Bartholomew County$1,127$39$232,800$5,7925.81%
46Kosciusko County$1,043$44$216,000$6,8975.79%
47Lawrence County$845$31$175,000$10,5705.79%
48Tipton County$842$37$174,600$13,6415.79%
49Pike County$739$116$154,900$11,3105.72%
50Allen County$1,021$18$214,900$2,7525.70%
51Tippecanoe County$1,124$18$239,300$5,8375.64%
52Adams County$833$52$178,400$13,2735.60%
53Hendricks County$1,436$48$307,600$6,3345.60%
54Parke County$704$121$151,200$14,5075.59%
55Shelby County$987$39$212,400$10,1115.58%
56Marshall County$938$32$204,900$7,5705.49%
57Jefferson County$890$52$194,600$9,7105.49%
58Warren County$830$91$182,500$21,3365.46%
59Washington County$780$33$172,200$8,5655.44%
60Starke County$712$103$157,700$7,0675.42%
61Johnson County$1,271$54$284,600$5,6805.36%
62DeKalb County$861$29$194,100$9,0855.32%
63Morgan County$1,042$60$237,600$5,6145.26%
64Union County$760$75$173,500$14,7175.26%
65Hancock County$1,203$67$274,800$7,1605.25%
66Warrick County$1,061$45$242,500$7,1815.25%
67Martin County$697$143$159,400$15,5515.25%
68Jasper County$962$44$221,500$8,2205.21%
69Porter County$1,219$26$281,500$4,8595.20%
70Decatur County$861$40$199,100$14,0755.19%
71Steuben County$933$68$216,200$12,0735.18%
72Switzerland County$758$88$175,800$23,4005.17%
73Daviess County$847$51$197,200$10,9655.15%
74Whitley County$934$41$219,400$9,3165.11%
75Noble County$832$32$196,800$10,2975.07%
76Ohio County$898$84$213,100$23,3555.06%
77Monroe County$1,193$28$285,200$8,2345.02%
78Perry County$682$45$163,400$8,9025.01%
79Floyd County$1,036$30$251,000$8,5764.95%
80Wells County$813$70$197,600$11,8664.94%
81Spencer County$751$136$185,200$10,3994.87%
82Putnam County$884$41$218,900$9,6274.85%
83Hamilton County$1,574$42$405,500$5,2014.66%
84Ripley County$839$45$222,500$9,7834.52%
85Harrison County$836$60$229,600$8,4704.37%
86Dubois County$834$40$230,100$12,3864.35%
87Boone County$1,359$106$376,200$13,0584.33%
88Posey County$782$86$222,900$11,0694.21%
89Franklin County$870$78$249,500$18,8614.18%
90Dearborn County$845$73$243,400$7,7294.17%
91Brown County$895$68$269,100$26,7863.99%
92LaGrange County$839$24$255,900$15,8533.93%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

City reports

Frequently asked questions

What is the highest gross rent yield in Indiana?

Grant County at 8.37%. Median gross rent is $853 (margin of error $44). Median home value is $122,300 (margin of error $4,945).

What is the lowest gross rent yield in Indiana?

LaGrange County at 3.93%. Median gross rent is $839 (margin of error $24). Median home value is $255,900 (margin of error $15,853).

What is the state-level gross rent yield in Indiana?

5.84%. Median gross rent is $1,062 (margin of error $5). Median home value is $218,200 (margin of error $739).