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RE Intelligence

Rental numbers for Floyd County, IN

The typical home here runs -$1,057 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%.

Gross yield
4.9%
typical home, Zillow
Median ZIP yield
5.9%
1 ZIPs with full data
Cash flow
-$1,057/mo
at 7.78%, 25% down
Typical price
$288,000
Zillow ZHVI, Aug 2026
Typical rent
$1,174/mo
Zillow ZORI, Aug 2026

ZIP codes in Floyd County

5 with published figures

47150New Albany$236,000$1,1615.9%2.8%-$726+1.8%
47124Greenville$347,000$1,380*4.8%2.1%-$1,248n/a
47119Floyds Knobs$405,000$1,430*4.2%1.7%-$1,609n/a
47136Lanesville$343,000$1,180*4.1%1.6%-$1,387n/a
47122Georgetown$335,000$1,140*4.1%1.5%-$1,392n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+2.9%
Rent, 12 months
+1.7%
Rent minus price growth
-1.3 pts
Property tax
0.69%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$232,710n/a
Aug 2022$253,162$980
Aug 2023$260,408$1,050
Aug 2024$272,043$1,119
Aug 2025$279,739$1,155
Aug 2026$287,898$1,174

HUD Fair Market Rent

FY2027, Louisville, KY-IN HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 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
7.0
225 units, last 12 months
National percentile
59th
among US counties

Tools

Test a listing in Floyd County against today's rate.

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Questions

Is Floyd County good for rental property?
The typical home here runs -$1,057 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%. 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 Floyd County?
About 0.69% of value, from Census ACS median taxes paid over median home value. On a $288,000 home that is about $1,992 a year.
What is Fair Market Rent in Floyd 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 -$1,057 a month.

Sources and method

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.