Buying rental properties in Indianapolis

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  • Ethan Price
    Specialist · Indianapolis, IN · Member since 2025 · 18 posts · 18 votes
    1y

    Yes, Indianapolis does! Some of the best areas for rentals are Fountain Square, Martindale-Brightwood, Bates-Hendricks, Maple-ton Fall Creek, Crown Hill, Eagledale, and Speedway. Hopefully this helps you. If you want some more info or have more questions, shoot me a direct message. I would love to connect.

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  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    1y
    Quote from @Jesse Singh:

    Does anyone know if Indianapolis has good rental markets? If yes What areas? 


     absolutely! and surrounding areas. 

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  • Ryan RomingerBusiness Member
    Real Estate Broker · Indianapolis, IN · Member since 2018 · 340 posts · 144 votes
    1y

    Yes, Indianapolis has several solid rental markets, especially for cash-flow-focused investors. Areas like Irvington, parts of Fountain Square, and neighborhoods around Garfield Park have seen steady demand. That said, Indy is very block-by-block, so it's important to look closely at each specific street rather than just the zip code.

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  • Marci DaughertyPro Member
    Member since 2023 · 17 posts · 6 votes
    1y

    Yes, several areas will still make the 1 percent and definitely the 2 percent rule. Strong manufacturing with Lilly presence, Healthcare in Anthem, Salesforce etc. it is very street specific… e.g east/west of rural, south of 38th. Several surrounding areas great too. 

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  • Drago Stanimirovic
    New to Real Estate · Miami, FL · Member since 2024 · 1k+ posts · 469 votes
    1y

    Yes, Indianapolis is a solid rental market with strong cash flow potential. Look at Fountain Square, Bates-Hendricks, and Irvington for growth and value. Suburbs like Beech Grove and Speedway are also investor-friendly.

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  • Branden Hiatt
    Wholesaler · Member since 2025 · 1 post · 0 votes
    1y
    Quote from @Jesse Singh:

    Does anyone know if Indianapolis has good rental markets? If yes What areas? 


     There are good rental markets throughout Indianapolis and the metro area! Feel free to DM me, I'd love to connect!

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