Monthly cost of buying the typical home, at today's average 30-year rate. Change any number to fit your situation.
Zillow doesn't publish a rent index for this area.
Our forecast of +3.0% over 12 months would add roughly $734 a month in value to the owner's side, but the 80% range runs from −1.7% to +9.7%, so treat it as uncertain.
Estimates only. Excludes maintenance (often about 1% of the price a year), the return the down payment could earn elsewhere, and tax effects. Rent is the Zillow Observed Rent Index, a typical market rent for all home types.
Redfin, all residential, monthly. These feed the metro trend model.
Strongest forecast relative to the metro first. “vs. metro” ranks each ZIP within Indianapolis, IN (100 = strongest).
| 46175 Russellville, IN | $203,804 | ▲ 6.8% | ▲ 6.2% −0% to +14% | 100 |
| 46036 Elwood, IN | $157,721 | ▲ 5.4% | ▲ 6.2% −0% to +14% | 99 |
| 46077 Zionsville, IN | $696,398 | ▲ 6.2% | ▲ 6.1% −0% to +14% | 98 |
| 46032 Carmel, IN | $586,345 | ▲ 5.4% | ▲ 5.8% −1% to +13% | 97 |
| 46128 Fillmore, IN | $308,385 | ▲ 6.8% | ▲ 5.7% −1% to +13% | 97 |
| 46165 North Salem, IN | $363,150 | ▲ 6.7% | ▲ 5.7% −1% to +13% | 96 |
| 46162 Needham, IN | $350,019 | ▲ 4.6% | ▲ 5.6% −1% to +13% | 95 |
| 46001 Alexandria, IN | $185,691 | ▲ 3.5% | ▲ 5.6% −1% to +13% | 94 |
| 46030 Arcadia, IN | $311,160 | ▲ 5.3% | ▲ 5.5% −1% to +13% | 93 |
| 46105 Bainbridge, IN | $301,204 | ▲ 4.9% | ▲ 5.4% −1% to +13% | 92 |
| 46147 Jamestown, IN | $357,312 | ▲ 6.8% | ▲ 5.4% −1% to +13% | 91 |
| 46071 Thorntown, IN | $332,333 | ▲ 4.4% | ▲ 5.4% −1% to +13% | 91 |
| 46110 Boggstown, IN | $321,504 | ▲ 3.7% | ▲ 5.3% −1% to +13% | 90 |
| 46120 Cloverdale, IN | $264,470 | ▲ 3.6% | ▲ 5.3% −1% to +13% | 89 |
| 46031 Atlanta, IN | $334,366 | ▲ 5.8% | ▲ 5.2% −1% to +13% | 88 |