Rental numbers for Clark County, IN
The typical home here runs -$843 a month at 7.78% with 25% down, breaking even at about 0.5%. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.3%.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- 6.3%
- 4 ZIPs with full data
- Cash flow
- -$843/mo
- at 7.78%, 25% down
- Typical price
- $268,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,281/mo
- Zillow ZORI, Aug 2026
ZIP codes in Clark County
11 with published figures
| 47143Memphis | $303,000 | $1,910* | 7.6% | 4.6% | -$469 | n/a |
| 47129Clarksville | $208,000 | $1,173 | 6.8% | 3.4% | -$540 | n/a |
| 47111Charlestown | $308,000 | $1,669 | 6.5% | 3.5% | -$755 | n/a |
| 47162New Washington | $231,000 | $1,240* | 6.4% | 3.2% | -$631 | n/a |
| 47130Jeffersonville | $255,000 | $1,298 | 6.1% | 2.9% | -$762 | +0.3% |
| 47172Sellersburg | $302,000 | $1,288 | 5.1% | 2.3% | -$1,055 | n/a |
| 47177Underwood | $267,000 | $1,070* | 4.8% | 1.9% | -$1,010 | n/a |
| 47141Marysville | $313,000 | $1,170* | 4.5% | 1.8% | -$1,223 | n/a |
| 47163Otisco | $303,000 | $1,080* | 4.3% | 1.8% | -$1,190 | n/a |
| 47106Borden | $313,000 | $1,070* | 4.1% | 1.4% | -$1,315 | n/a |
| 47126Henryville | $331,000 | $1,070* | 3.9% | 1.2% | -$1,446 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.9%
- Rent, 12 months
- +0.8%
- Rent minus price growth
- -1.1 pts
- Property tax
- 0.77%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $215,451 | n/a |
| Aug 2022 | $238,354 | $1,141 |
| Aug 2023 | $246,375 | $1,199 |
| Aug 2024 | $254,498 | $1,225 |
| Aug 2025 | $262,551 | $1,271 |
| Aug 2026 | $267,634 | $1,281 |
HUD Fair Market Rent
FY2027, Louisville, KY-IN HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $976 | $1,058 | $1,276 | $1,629 | $1,874 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 17.2
- 880 units, last 12 months
- National percentile
- 87th
- among US counties
Tools
Test a listing in Clark County against today's rate.
Open the calculatorQuestions
- Is Clark County good for rental property?
- The typical home here runs -$843 a month at 7.78% with 25% down, breaking even at about 0.5%. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Clark County?
- About 0.77% of value, from Census ACS median taxes paid over median home value. On a $268,000 home that is about $2,061 a year.
- What is Fair Market Rent in Clark County?
- HUD's FY2027 Fair Market Rent here is $1,058 for a 1-bedroom, $1,276 for a 2-bedroom and $1,629 for a 3-bedroom. Typical cash flow at today's rate is -$843 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.