Rental numbers for Tippecanoe County, IN
The typical home here runs -$885 a month at 7.78% with 25% down, breaking even at about 1.1%. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 5.8%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 5 ZIPs with full data
- Cash flow
- -$885/mo
- at 7.78%, 25% down
- Typical price
- $301,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,452/mo
- Zillow ZORI, Aug 2026
ZIP codes in Tippecanoe County
10 with published figures
| 47904Lafayette | $188,000 | $1,132 | 7.2% | 4.0% | -$394 | +3.0% |
| 47909Lafayette | $281,000 | $1,597 | 6.8% | 3.8% | -$626 | +2.0% |
| 47906West Lafayette | $368,000 | $1,858 | 6.1% | 3.2% | -$1,004 | +3.0% |
| 47901Lafayette | $259,000 | $1,277 | 5.9% | 3.0% | -$744 | +1.4% |
| 47930Clarks Hill | $253,000 | $1,130* | 5.4% | 2.4% | -$855 | n/a |
| 47941Dayton | $253,000 | $1,130* | 5.4% | 2.5% | -$828 | n/a |
| 47905Lafayette | $299,000 | $1,308 | 5.3% | 2.5% | -$989 | +6.5% |
| 47981Romney | $330,000 | $1,170* | 4.3% | 1.7% | -$1,304 | n/a |
| 47920Battle Ground | $341,000 | $1,130* | 4.0% | 1.6% | -$1,398 | n/a |
| 47992Westpoint | $369,000 | $1,210* | 3.9% | 1.5% | -$1,541 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.4%
- Rent, 12 months
- +2.4%
- Rent minus price growth
- +0.0 pts
- Property tax
- 0.62%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $230,521 | $1,078 |
| Aug 2022 | $256,284 | $1,201 |
| Aug 2023 | $266,340 | $1,323 |
| Aug 2024 | $284,605 | $1,383 |
| Aug 2025 | $294,165 | $1,418 |
| Aug 2026 | $301,170 | $1,452 |
HUD Fair Market Rent
FY2027, Lafayette-West Lafayette, IN HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $942 | $1,070 | $1,273 | $1,517 | $2,128 |
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
- 22.7
- 1,719 units, last 12 months
- National percentile
- 92th
- among US counties
Tools
Test a listing in Tippecanoe County against today's rate.
Open the calculatorPart of the Lafayette, IN metro.
Questions
- Is Tippecanoe County good for rental property?
- The typical home here runs -$885 a month at 7.78% with 25% down, breaking even at about 1.1%. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%. 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 Tippecanoe County?
- About 0.62% of value, from Census ACS median taxes paid over median home value. On a $301,000 home that is about $1,855 a year.
- What is Fair Market Rent in Tippecanoe County?
- HUD's FY2027 Fair Market Rent here is $1,070 for a 1-bedroom, $1,273 for a 2-bedroom and $1,517 for a 3-bedroom. Typical cash flow at today's rate is -$885 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.