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Indianapolis, IN Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Indianapolis, IN. Based on 40+ datapoints.

Indianapolis, IN Short-Term Rental / Airbnb Investment Snapshot

Based on 40+ short-term rental / airbnb datapoints

Median Cap Rate

5.5%

Avg Cash on Cash

-5.6%

Median Cashflow

-$268/mo

Avg Rent Estimate

$2,698/mo

Avg Price

$266,498

Price Range

$140,000 - $434,600

Rent to Price

1.01%

strong ratio

Positive Cashflow

19%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Indianapolis, IN

Indianapolis, IN offers a balanced short-term rental market with 40+ analyzed datapoints. 19% of properties generate positive cashflow, and the moderately priced price point provides accessible entry for Airbnb investors targeting nightly rate revenue and occupancy-adjusted returns.

Across 40+ analyzed properties, Indianapolis, IN STR investments show a median monthly cashflow of -$268 with an average estimated nightly-rate-adjusted revenue of $2,698/month. These figures reflect real property data, not projections.

11904 Hartland Dr, Indianapolis, IN 46229

Price

$221,500

Rent

$1,910

CachFlow

-$467

CoC

-8.69

Full Analysis

5430 Grandview Dr, Indianapolis, IN 46228

Price

$434,600

Rent

$1,964

CachFlow

-$1,675

CoC

-18.4

Full Analysis

230 Green Springs Rd, Indianapolis, IN 46214

Price

$214,900

Rent

$2,176

CachFlow

-$182

CoC

-3.46

Full Analysis

4537 E 42nd St, Indianapolis, IN 46226

Price

$205,000

Rent

$2,258

CachFlow

-$201

CoC

-3.95

Full Analysis

11115 Wismar Dr, Indianapolis, IN 46235

Price

$199,200

Rent

$2,809

CachFlow

-$7

CoC

-0.14

Full Analysis
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Indianapolis, IN Airbnb Market Insights

  • Median cashflow is -$268/month — careful deal selection is essential here
  • 5.5% median cap rate reflects a balanced risk-return profile
  • At 19% positive cashflow rate, Indianapolis, IN requires selective property picks
  • Moderately priced market with properties from $140,000 to $434,600

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