Rental numbers for Grant County, IN
The typical home here runs -$362 a month at 7.78% with 25% down, breaking even at about 2.8%. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.0%.
- Gross yield
- 7.3%
- typical home, Zillow
- Median ZIP yield
- 9.0%
- 3 ZIPs with full data
- Cash flow
- -$362/mo
- at 7.78%, 25% down
- Typical price
- $157,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $957/mo
- Zillow ZORI, Aug 2026
ZIP codes in Grant County
11 with published figures
| 46953Marion | $110,000 | $984 | 10.8% | 6.2% | -$20 | n/a |
| 46957Matthews | $129,000 | $1,130* | 10.5% | 6.3% | -$19 | n/a |
| 46933Gas City | $161,000 | $1,210 | 9.0% | 5.2% | -$168 | n/a |
| 46938Jonesboro | $164,000 | $1,090* | 8.0% | 4.0% | -$333 | n/a |
| 46991Van Buren | $159,000 | $1,040* | 7.8% | 4.5% | -$262 | n/a |
| 46987Sweetser | $192,000 | $1,220* | 7.6% | 4.2% | -$362 | n/a |
| 46928Fairmount | $178,000 | $980* | 6.6% | 3.3% | -$476 | n/a |
| 46919Converse | $184,000 | $960* | 6.3% | 3.1% | -$523 | n/a |
| 46952Marion | $171,000 | $859 | 6.0% | 2.7% | -$538 | n/a |
| 46986Swayzee | $204,000 | $960* | 5.7% | 2.5% | -$665 | n/a |
| 46989Upland | $256,000 | $960* | 4.5% | 1.6% | -$1,033 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.2%
- Rent, 12 months
- +7.8%
- Rent minus price growth
- +3.5 pts
- Property tax
- 0.72%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $118,173 | n/a |
| Aug 2022 | $131,861 | n/a |
| Aug 2023 | $133,442 | n/a |
| Aug 2024 | $142,365 | n/a |
| Aug 2025 | $150,801 | $888 |
| Aug 2026 | $157,183 | $957 |
HUD Fair Market Rent
FY2027, Grant County, IN
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $748 | $804 | $1,014 | $1,329 | $1,488 |
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
- 1.2
- 31 units, last 12 months
- National percentile
- 18th
- among US counties
Tools
Test a listing in Grant County against today's rate.
Open the calculatorPart of the Marion, IN metro.
Questions
- Is Grant County good for rental property?
- The typical home here runs -$362 a month at 7.78% with 25% down, breaking even at about 2.8%. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.0%. 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 Grant County?
- About 0.72% of value, from Census ACS median taxes paid over median home value. On a $157,000 home that is about $1,136 a year.
- What is Fair Market Rent in Grant County?
- HUD's FY2027 Fair Market Rent here is $804 for a 1-bedroom, $1,014 for a 2-bedroom and $1,329 for a 3-bedroom. Typical cash flow at today's rate is -$362 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.