Rental numbers for the Columbus, IN metro
The typical home here runs -$786 a month at 7.78% with 25% down, breaking even at about 1.4%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 6.0%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 2 ZIPs with full data
- Cash flow
- -$786/mo
- at 7.78%, 25% down
- Typical price
- $276,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,390/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
6 with published figures
| 47280Taylorsville | $203,000 | $1,200* | 7.1% | 3.9% | -$430 | n/a |
| 47244Hartsville | $275,000 | $1,440* | 6.3% | 3.5% | -$678 | n/a |
| 47203Columbus | $289,000 | $1,490 | 6.2% | 3.1% | -$820 | n/a |
| 47201Columbus | $273,000 | $1,379 | 6.1% | 3.0% | -$784 | +2.1% |
| 47246Hope | $265,000 | $1,260* | 5.7% | 2.6% | -$855 | n/a |
| 47232Elizabethtown | $300,000 | $1,150* | 4.6% | 1.9% | -$1,139 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.5%
- Rent, 12 months
- +1.4%
- Rent minus price growth
- -1.1 pts
- Property tax
- 0.67%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $212,990 | $1,077 |
| Aug 2022 | $237,165 | $1,171 |
| Aug 2023 | $249,880 | $1,210 |
| Aug 2024 | $261,056 | $1,292 |
| Aug 2025 | $269,536 | $1,371 |
| Aug 2026 | $276,348 | $1,390 |
Counties
- Bartholomew County, IN6.1% median yield
Tools
Questions
- Is the Columbus, IN metro good for rental property?
- The typical home here runs -$786 a month at 7.78% with 25% down, breaking even at about 1.4%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Columbus, IN metro have the highest rental yield?
- 47203 (Columbus) at 6.2%, 47201 (Columbus) at 6.1%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.